Zhejiang Tianhong Lithiumion Battery (BJSE:873152) FCF Yield % : 1.15 (As of Dec. 15, 2024)

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What is Zhejiang Tianhong Lithiumion Battery 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, Zhejiang Tianhong Lithiumion Battery's Trailing 12-Month Free Cash Flow is ¥24.3 Mil, and Market Cap is ¥2,002.7 Mil. Therefore, Zhejiang Tianhong Lithiumion Battery's FCF Yield % for today is 1.15%.

The historical rank and industry rank for Zhejiang Tianhong Lithiumion Battery's FCF Yield % or its related term are showing as below:

BJSE:873152' s FCF Yield % Range Over the Past 10 Years
Min: -9.27 Med: -1.47 Max: 4.12
Current: 1.15

During the past 8 years, the highest FCF Yield % of Zhejiang Tianhong Lithiumion Battery was 4.12%. The lowest was -9.27%. And the median was -1.47%.

BJSE:873152's FCF Yield % is ranked better than
53.26% of 3021 companies
in the Industrial Products industry
Industry Median: 0.71 vs BJSE:873152: 1.15

Zhejiang Tianhong Lithiumion Battery's FCF Margin % for the quarter that ended in Sep. 2024 was -9.50%.

Zhejiang Tianhong Lithiumion Battery FCF Yield % Historical Data

The historical data trend for Zhejiang Tianhong Lithiumion Battery'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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Zhejiang Tianhong Lithiumion Battery FCF Yield % Chart

Zhejiang Tianhong Lithiumion Battery Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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4.52

0.36

-3.60

-1.02

Zhejiang Tianhong Lithiumion Battery Quarterly Data
	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
FCF Yield %	Get a 7-Day Free Trial															-10.59	8.91	-4.26	8.78	-4.10

Competitive Comparison of Zhejiang Tianhong Lithiumion Battery's FCF Yield %

For the Electrical Equipment & Parts subindustry, Zhejiang Tianhong Lithiumion Battery'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.

Zhejiang Tianhong Lithiumion Battery's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tianhong Lithiumion Battery's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Tianhong Lithiumion Battery's FCF Yield % falls into.

Zhejiang Tianhong Lithiumion Battery 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.

Zhejiang Tianhong Lithiumion Battery's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-12.831	/	1254.39522
	=	-1.02%

Zhejiang Tianhong Lithiumion Battery's annualized FCF Yield % for the quarter that ended in Sep. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-9.65	*	4	/	941.30967
	=	-4.10%

Zhejiang Tianhong Lithiumion Battery 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.

Zhejiang Tianhong Lithiumion Battery FCF Yield % Related Terms

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Zhejiang Tianhong Lithiumion Battery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Tianhong Lithiumion Battery Ltd (BJSE:873152) » Definitions » FCF Yield %

Traded in Other Exchanges

N/A

Address

No. 318, Changcheng Road, Taihu Street, Changxing County, Zhejiang Province, Huzhou City, CHN, 313100

Website

https://www.cnthpower.com

Zhejiang Tianhong Lithiumion Battery Ltd engages in the research, development, design, assembly, and sales of lithium-ion battery modules. It mainly produces three series of lithium batteries: power type, energy storage type, and industrial lighting. Its products include E-bike batteries, Motorcycle batteries, Forklift batteries, E-scooter batteries, and Energy storage batteries.

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