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Jiangsu New Energy Development Co (SHSE:603693) FCF Yield % : 1.29 (As of Sep. 26, 2024)


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What is Jiangsu New Energy Development 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, Jiangsu New Energy Development Co's Trailing 12-Month Free Cash Flow is ¥105 Mil, and Market Cap is ¥8,104 Mil. Therefore, Jiangsu New Energy Development Co's FCF Yield % for today is 1.29%.

The historical rank and industry rank for Jiangsu New Energy Development Co's FCF Yield % or its related term are showing as below:

SHSE:603693' s FCF Yield % Range Over the Past 10 Years
Min: -15   Med: -0.26   Max: 10.65
Current: 1.29


During the past 11 years, the highest FCF Yield % of Jiangsu New Energy Development Co was 10.65%. The lowest was -15.00%. And the median was -0.26%.

SHSE:603693's FCF Yield % is ranked better than
55.03% of 447 companies
in the Utilities - Independent Power Producers industry
Industry Median: -0.04 vs SHSE:603693: 1.29

Jiangsu New Energy Development Co's FCF Margin % for the quarter that ended in Jun. 2024 was -2.71%.


Jiangsu New Energy Development Co FCF Yield % Historical Data

The historical data trend for Jiangsu New Energy Development 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.

Jiangsu New Energy Development Co FCF Yield % Chart

Jiangsu New Energy Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.04 -10.03 -4.51 6.56 1.04

Jiangsu New Energy Development 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 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 Premium Member Only 3.93 4.68 -10.13 10.48 -0.40

Competitive Comparison of Jiangsu New Energy Development Co's FCF Yield %

For the Utilities - Renewable subindustry, Jiangsu New Energy Development 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.


Jiangsu New Energy Development Co's FCF Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jiangsu New Energy Development Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Jiangsu New Energy Development Co's FCF Yield % falls into.



Jiangsu New Energy Development 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.

Jiangsu New Energy Development Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=103.708 / 9993.44596
=1.04%

Jiangsu New Energy Development 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
=-10.345 * 4 / 10358.95112
=-0.40%

* 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.


Jiangsu New Energy Development 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.


Jiangsu New Energy Development Co FCF Yield % Related Terms

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Jiangsu New Energy Development Co Business Description

Traded in Other Exchanges
N/A
Address
88 Changjiang Road, Room 2213, Jiangsu, Nanjing, CHN, 210005
Jiangsu New Energy Development Co Ltd operates in the energy industry. It is engaged in the development of wind energy, solar energy, and biomass energy projects. The company is also engaged in the design and manufacture of high-power offshore wind turbines, offshore engineering equipment, and sales of ancillary products.

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