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Shandong Donghong Pipe Industry Co (SHSE:603856) FCF Yield % : -4.92 (As of Dec. 15, 2024)


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What is Shandong Donghong Pipe 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, Shandong Donghong Pipe Industry Co's Trailing 12-Month Free Cash Flow is ¥-153 Mil, and Market Cap is ¥3,115 Mil. Therefore, Shandong Donghong Pipe Industry Co's FCF Yield % for today is -4.92%.

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

SHSE:603856' s FCF Yield % Range Over the Past 10 Years
Min: -11.82   Med: -2.5   Max: 10.73
Current: -4.92


During the past 12 years, the highest FCF Yield % of Shandong Donghong Pipe Industry Co was 10.73%. The lowest was -11.82%. And the median was -2.50%.

SHSE:603856's FCF Yield % is ranked worse than
73.71% of 1738 companies
in the Construction industry
Industry Median: 2.195 vs SHSE:603856: -4.92

Shandong Donghong Pipe Industry Co's FCF Margin % for the quarter that ended in Sep. 2024 was -0.62%.


Shandong Donghong Pipe Industry Co FCF Yield % Historical Data

The historical data trend for Shandong Donghong Pipe 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.

* Premium members only.

Shandong Donghong Pipe Industry Co FCF Yield % Chart

Shandong Donghong Pipe Industry 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 2.35 -2.86 -11.12 -0.63 6.19

Shandong Donghong Pipe Industry Co Quarterly Data
Dec19 Mar20 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 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 10.38 15.25 -5.20 -35.11 -0.50

Competitive Comparison of Shandong Donghong Pipe Industry Co's FCF Yield %

For the Building Products & Equipment subindustry, Shandong Donghong Pipe 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.


Shandong Donghong Pipe Industry Co's FCF Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shandong Donghong Pipe Industry Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Shandong Donghong Pipe Industry Co's FCF Yield % falls into.



Shandong Donghong Pipe 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=185.472 / 2998.03467
=6.19%

Shandong Donghong Pipe Industry 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
=-3.692 * 4 / 2928.2593
=-0.50%

* 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.


Shandong Donghong Pipe 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.


Shandong Donghong Pipe Industry Co FCF Yield % Related Terms

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Shandong Donghong Pipe Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Donghong Road, Shandong Province, Qufu, CHN, 273100
Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.
Executives
Bi Xing Tao Director
Kong Zhi Yong Director
Xun Jin Long senior management
Fan Peng senior management
Yang Cui Wei senior management
Liu Yong Director
Ju Heng Shan Directors, senior managers
Xue Chun De senior management
Liu Bin Directors, senior managers
Ni Li Ying Director

Shandong Donghong Pipe Industry Co Headlines

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