Shenzhen Minew Technologies Co (BJSE:872374) FCF Yield % : 3.63 (As of Jun. 22, 2024)

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What is Shenzhen Minew Technologies 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, Shenzhen Minew Technologies Co's Trailing 12-Month Free Cash Flow is ¥28.5 Mil, and Market Cap is ¥782.6 Mil. Therefore, Shenzhen Minew Technologies Co's FCF Yield % for today is 3.63%.

The historical rank and industry rank for Shenzhen Minew Technologies Co's FCF Yield % or its related term are showing as below:

BJSE:872374' s FCF Yield % Range Over the Past 10 Years
Min: 1.22 Med: 3.84 Max: 7.19
Current: 3.63

During the past 9 years, the highest FCF Yield % of Shenzhen Minew Technologies Co was 7.19%. The lowest was 1.22%. And the median was 3.84%.

BJSE:872374's FCF Yield % is ranked better than
63.49% of 2487 companies
in the Hardware industry
Industry Median: 1.21 vs BJSE:872374: 3.63

Shenzhen Minew Technologies Co's FCF Margin % for the quarter that ended in Mar. 2024 was -5.81%.

Shenzhen Minew Technologies Co FCF Yield % Historical Data

The historical data trend for Shenzhen Minew Technologies 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.

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Shenzhen Minew Technologies Co FCF Yield % Chart

Shenzhen Minew Technologies Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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3.16

1.56

3.18

3.73

3.38

Shenzhen Minew Technologies Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial															6.43	3.48	5.31	5.49	-1.57

Competitive Comparison of Shenzhen Minew Technologies Co's FCF Yield %

For the Electronic Components subindustry, Shenzhen Minew Technologies 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.

Shenzhen Minew Technologies Co's FCF Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Minew Technologies Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Shenzhen Minew Technologies Co's FCF Yield % falls into.

Shenzhen Minew Technologies 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.

Shenzhen Minew Technologies Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	43.304	/	1279.8326
	=	3.38%

Shenzhen Minew Technologies 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
	=	-3.364	*	4	/	855.939
	=	-1.57%

Shenzhen Minew Technologies 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.

Shenzhen Minew Technologies Co FCF Yield % Related Terms

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Shenzhen Minew Technologies Co (BJSE:872374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Minew Technologies Co Ltd (BJSE:872374) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heping East Road, Longhua Street, 3rd Floor, Building I, Gangzhilong Science and Technology Park, Longhua District, Guangdong Province, Shenzhen City, CHN, 518109

Website

https://www.minewtech.com

Shenzhen Minew Technologies Co Ltd engages in research, development, production, and sales of intelligent hardware products such as Bluetooth sensors, IoT modules, and IoT gateways, as well as electronic label products equipped with IoT cloud platform systems.

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