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Heatking Induction Technology (Shiyan) Co (BJSE:838670) FCF Yield % : 0.74 (As of Jun. 23, 2024)


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What is Heatking Induction Technology (Shiyan) Co FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Heatking Induction Technology (Shiyan) Co's Trailing 12-Month Free Cash Flow is ¥7.38 Mil, and Market Cap is ¥999.64 Mil. Therefore, Heatking Induction Technology (Shiyan) Co's FCF Yield % for today is 0.74%.

The historical rank and industry rank for Heatking Induction Technology (Shiyan) Co's FCF Yield % or its related term are showing as below:

BJSE:838670' s FCF Yield % Range Over the Past 10 Years
Min: -0.31   Med: 0.63   Max: 7.11
Current: 0.74


During the past 10 years, the highest FCF Yield % of Heatking Induction Technology (Shiyan) Co was 7.11%. The lowest was -0.31%. And the median was 0.63%.

BJSE:838670's FCF Yield % is ranked better than
50.58% of 3027 companies
in the Industrial Products industry
Industry Median: 0.65 vs BJSE:838670: 0.74

Heatking Induction Technology (Shiyan) Co's FCF Margin % for the quarter that ended in Mar. 2024 was 38.59%.


Heatking Induction Technology (Shiyan) Co FCF Yield % Historical Data

The historical data trend for Heatking Induction Technology (Shiyan) Co's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heatking Induction Technology (Shiyan) Co FCF Yield % Chart

Heatking Induction Technology (Shiyan) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.73 4.68 0.76 1.56 0.11

Heatking Induction Technology (Shiyan) Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.32 -0.89 0.60 1.71

Competitive Comparison of Heatking Induction Technology (Shiyan) Co's FCF Yield %

For the Specialty Industrial Machinery subindustry, Heatking Induction Technology (Shiyan) Co's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heatking Induction Technology (Shiyan) Co's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heatking Induction Technology (Shiyan) Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Heatking Induction Technology (Shiyan) Co's FCF Yield % falls into.



Heatking Induction Technology (Shiyan) Co FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Heatking Induction Technology (Shiyan) Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=2.279 / 2001.96
=0.11%

Heatking Induction Technology (Shiyan) Co's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=5.377 * 4 / 1259.6
=1.71%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Heatking Induction Technology (Shiyan) Co FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Heatking Induction Technology (Shiyan) Co FCF Yield % Related Terms

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Heatking Induction Technology (Shiyan) Co (BJSE:838670) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Pulin 1st Road, Pulin Industrial Park, Hubei Province, Shiyan City, CHN, 442000
Heatking Induction Technology (Shiyan) Co Ltd engages in research and development, production, sales, and technical services of medium and high-end CNC induction heat treatment complete sets of equipment and key functional components. Its products comprise induction heating, machine workpiece, automotive workpiece, wind power workpiece, Heating Industry, Military Workpiece, Standard Equipment, Heat Treatment, Cooling System, Monitoring System, Power Switch, Heating Transformer, and Heating Coils & Inductors.

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