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Assure Tech (Hangzhou) Co (SHSE:688075) FCF Yield % : -15.57 (As of Jun. 20, 2024)


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What is Assure Tech (Hangzhou) 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, Assure Tech (Hangzhou) Co's Trailing 12-Month Free Cash Flow is ¥-674.4 Mil, and Market Cap is ¥4,332.3 Mil. Therefore, Assure Tech (Hangzhou) Co's FCF Yield % for today is -15.57%.

The historical rank and industry rank for Assure Tech (Hangzhou) Co's FCF Yield % or its related term are showing as below:

SHSE:688075' s FCF Yield % Range Over the Past 10 Years
Min: -29.4   Med: 3.81   Max: 69.25
Current: -15.57


During the past 7 years, the highest FCF Yield % of Assure Tech (Hangzhou) Co was 69.25%. The lowest was -29.40%. And the median was 3.81%.

SHSE:688075's FCF Yield % is ranked worse than
51.64% of 1551 companies
in the Biotechnology industry
Industry Median: -14.61 vs SHSE:688075: -15.57

Assure Tech (Hangzhou) Co's FCF Margin % for the quarter that ended in Mar. 2024 was -16.80%.


Assure Tech (Hangzhou) Co FCF Yield % Historical Data

The historical data trend for Assure Tech (Hangzhou) 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.

Assure Tech (Hangzhou) Co FCF Yield % Chart

Assure Tech (Hangzhou) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial - - 5.42 40.73 -18.75

Assure Tech (Hangzhou) Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -17.02 -45.52 -1.31 -0.37 -2.00

Competitive Comparison of Assure Tech (Hangzhou) Co's FCF Yield %

For the Biotechnology subindustry, Assure Tech (Hangzhou) 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.


Assure Tech (Hangzhou) Co's FCF Yield % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Assure Tech (Hangzhou) Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Assure Tech (Hangzhou) Co's FCF Yield % falls into.



Assure Tech (Hangzhou) 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.

Assure Tech (Hangzhou) Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-959.852 / 5118.90324
=-18.75%

Assure Tech (Hangzhou) 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
=-21.739 * 4 / 4353.86358
=-2.00%

* 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.


Assure Tech (Hangzhou) 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.


Assure Tech (Hangzhou) Co FCF Yield % Related Terms

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Assure Tech (Hangzhou) Co (SHSE:688075) Business Description

Traded in Other Exchanges
N/A
Address
No. 1418-50,Moganshan Road, Building 4, Gongshu District, Hangzhou, CHN
Assure Tech (Hangzhou) Co Ltd is a biotechnology company. The company is engaged in research & development, production, sell of diagnostic reagents, POCT and biological materials.

Assure Tech (Hangzhou) Co (SHSE:688075) Headlines

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