Zhejiangnmei Chemical Industry Co (SHSE:603379) FCF Yield % : -0.75 (As of May. 06, 2024)

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What is Zhejiangnmei Chemical Industry 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, Zhejiangnmei Chemical Industry Co's Trailing 12-Month Free Cash Flow is ¥-205 Mil, and Market Cap is ¥27,288 Mil. Therefore, Zhejiangnmei Chemical Industry Co's FCF Yield % for today is -0.75%.

The historical rank and industry rank for Zhejiangnmei Chemical Industry Co's FCF Yield % or its related term are showing as below:

SHSE:603379' s FCF Yield % Range Over the Past 10 Years
Min: -1.61 Med: 1.89 Max: 7.09
Current: -0.75

During the past 11 years, the highest FCF Yield % of Zhejiangnmei Chemical Industry Co was 7.09%. The lowest was -1.61%. And the median was 1.89%.

SHSE:603379's FCF Yield % is ranked worse than
58.19% of 1562 companies
in the Chemicals industry
Industry Median: 0.385 vs SHSE:603379: -0.75

Zhejiangnmei Chemical Industry Co's FCF Margin % for the quarter that ended in Mar. 2024 was 1.81%.

Zhejiangnmei Chemical Industry Co FCF Yield % Historical Data

The historical data trend for Zhejiangnmei Chemical Industry 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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Zhejiangnmei Chemical Industry Co FCF Yield % Chart

Zhejiangnmei Chemical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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3.10

3.61

0.73

1.15

-0.79

Zhejiangnmei Chemical Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial															1.13	1.55	-4.71	-1.39	0.26

Competitive Comparison of Zhejiangnmei Chemical Industry Co's FCF Yield %

For the Chemicals subindustry, Zhejiangnmei Chemical Industry 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.

Zhejiangnmei Chemical Industry Co's FCF Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiangnmei Chemical Industry Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiangnmei Chemical Industry Co's FCF Yield % falls into.

Zhejiangnmei Chemical Industry 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.

Zhejiangnmei Chemical Industry Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-164.886	/	20756.286
	=	-0.79%

Zhejiangnmei Chemical Industry 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
	=	17.383	*	4	/	26470.36944
	=	0.26%

Zhejiangnmei Chemical Industry 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.

Zhejiangnmei Chemical Industry Co FCF Yield % Related Terms

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Zhejiangnmei Chemical Industry Co (SHSE:603379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Sanmei Chemical Industry Co Ltd (SHSE:603379) » Definitions » FCF Yield %

Traded in Other Exchanges

N/A

Address

Hushlindustrial Zone, Qingnian Road, Zhejiang Province, Wuyi County, Jinhua, CHN, 321200

Website

http://www.sanmeichem.com

Zhejiang Sanmei Chemical Industry Co Ltd is specialized in research and development and product production of fluorine chemical products. The products are sold to more than 30 provinces and cities nationwide and more than 100 countries and regions around the world. The company has two series of products, organic fluorine and inorganic fluorine.

Zhejiangnmei Chemical Industry Co (SHSE:603379) Headlines

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