Zhejiang Red Dragonfly Footwear Co (SHSE:603116) FCF Yield % : 8.10 (As of Sep. 20, 2024)

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What is Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear Co's Trailing 12-Month Free Cash Flow is ¥191 Mil, and Market Cap is ¥2,357 Mil. Therefore, Zhejiang Red Dragonfly Footwear Co's FCF Yield % for today is 8.10%.

The historical rank and industry rank for Zhejiang Red Dragonfly Footwear Co's FCF Yield % or its related term are showing as below:

SHSE:603116' s FCF Yield % Range Over the Past 10 Years
Min: -2.96 Med: 3.29 Max: 13.8
Current: 8.1

During the past 13 years, the highest FCF Yield % of Zhejiang Red Dragonfly Footwear Co was 13.80%. The lowest was -2.96%. And the median was 3.29%.

SHSE:603116's FCF Yield % is ranked better than
68.78% of 1073 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.19 vs SHSE:603116: 8.10

Zhejiang Red Dragonfly Footwear Co's FCF Margin % for the quarter that ended in Jun. 2024 was 2.16%.

Zhejiang Red Dragonfly Footwear Co FCF Yield % Historical Data

The historical data trend for Zhejiang Red Dragonfly Footwear 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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Zhejiang Red Dragonfly Footwear Co FCF Yield % Chart

Zhejiang Red Dragonfly Footwear Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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1.83

6.69

2.00

1.58

8.47

Zhejiang Red Dragonfly Footwear Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
FCF Yield %	Get a 7-Day Free Trial															4.42	5.78	15.89	-1.98	1.87

Competitive Comparison of Zhejiang Red Dragonfly Footwear Co's FCF Yield %

For the Footwear & Accessories subindustry, Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear Co's FCF Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Red Dragonfly Footwear Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Red Dragonfly Footwear Co's FCF Yield % falls into.

Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	305.517	/	3607.01826
	=	8.47%

Zhejiang Red Dragonfly Footwear Co's annualized FCF Yield % for the quarter that ended in Jun. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	12.099	*	4	/	2592.9045
	=	1.87%

Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear Co FCF Yield % Related Terms

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Zhejiang Red Dragonfly Footwear Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Red Dragonfly Footwear Co Ltd (SHSE:603116) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wangjiatun Road, Dongpu Industrial Zone, Yubei Town, Yongjia County, Zhejiang, Wenzhou, CHN, 325102

Website

http://www.cnhqt.com

Zhejiang Red Dragonfly Footwear Co Ltd is engaged in research and development, production and sale of Red Dragonfly brand shoes and leather goods, clothing and other industry. The company main products include men's and women's shoes, children's shoes and apparels, leather belts, wallets, and leather handbags, among others.

Executives

Qian Jin Bo	Director
Wang Jian Bin	Director
Zhang Shao Bin	Directors, senior managers
Xue Xia	senior management
Fang Xuan Ping	Director
Chen Ming Hai	Director
Xu Zhi Hong	senior management
Jin Yin Kuan	Director
Dong Zhong Wu	senior management
Xu Wei	senior management
Qian Xiu Fen	senior management
Chen Man Cang	Supervisors

Zhejiang Red Dragonfly Footwear Co Headlines

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