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Zhejiang Forward Heating Technologies Co (BJSE:873679) FCF Yield % : 2.41 (As of Dec. 12, 2024)


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What is Zhejiang Forward Heating 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, Zhejiang Forward Heating Technologies Co's Trailing 12-Month Free Cash Flow is ¥27.1 Mil, and Market Cap is ¥997.5 Mil. Therefore, Zhejiang Forward Heating Technologies Co's FCF Yield % for today is 2.41%.

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

BJSE:873679' s FCF Yield % Range Over the Past 10 Years
Min: -0.53   Med: 3.52   Max: 7.54
Current: 2.41


During the past 7 years, the highest FCF Yield % of Zhejiang Forward Heating Technologies Co was 7.54%. The lowest was -0.53%. And the median was 3.52%.

BJSE:873679's FCF Yield % is ranked better than
61.43% of 3018 companies
in the Industrial Products industry
Industry Median: 0.705 vs BJSE:873679: 2.41

Zhejiang Forward Heating Technologies Co's FCF Margin % for the quarter that ended in Sep. 2024 was -140.80%.


Zhejiang Forward Heating Technologies Co FCF Yield % Historical Data

The historical data trend for Zhejiang Forward Heating 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.

* Premium members only.

Zhejiang Forward Heating Technologies Co FCF Yield % Chart

Zhejiang Forward Heating Technologies Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial - - - - 3.82

Zhejiang Forward Heating Technologies Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Sep20 Dec20 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 5.91 -10.82 28.26 -10.36

Competitive Comparison of Zhejiang Forward Heating Technologies Co's FCF Yield %

For the Specialty Industrial Machinery subindustry, Zhejiang Forward Heating 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.


Zhejiang Forward Heating Technologies Co's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Forward Heating Technologies Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Forward Heating Technologies Co's FCF Yield % falls into.



Zhejiang Forward Heating 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=50.063 / 1311.358
=3.82%

Zhejiang Forward Heating Technologies Co's annualized FCF Yield % for the quarter that ended in Sep. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-20.061 * 4 / 774.6395
=-10.36%

* 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.


Zhejiang Forward Heating 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.


Zhejiang Forward Heating Technologies Co FCF Yield % Related Terms

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Zhejiang Forward Heating Technologies Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 8, Cangling Road, Huzhen Town, Jinyun County, Zhejiang, Lishui, CHN, 321400
Zhejiang Forward Heating Technologies Co Ltd is engaged in research and development, production and sales of aluminum alloy condensing heat exchangers.

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