OKE Precision Cutting Tools Co (SHSE:688308) FCF Yield % : -13.91 (As of May. 26, 2024)

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What is OKE Precision Cutting Tools 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, OKE Precision Cutting Tools Co's Trailing 12-Month Free Cash Flow is ¥-544 Mil, and Market Cap is ¥3,912 Mil. Therefore, OKE Precision Cutting Tools Co's FCF Yield % for today is -13.91%.

The historical rank and industry rank for OKE Precision Cutting Tools Co's FCF Yield % or its related term are showing as below:

SHSE:688308' s FCF Yield % Range Over the Past 10 Years
Min: -16.84 Med: -3.29 Max: 2.62
Current: -13.91

During the past 7 years, the highest FCF Yield % of OKE Precision Cutting Tools Co was 2.62%. The lowest was -16.84%. And the median was -3.29%.

SHSE:688308's FCF Yield % is ranked worse than
88.27% of 3026 companies
in the Industrial Products industry
Industry Median: 0.605 vs SHSE:688308: -13.91

OKE Precision Cutting Tools Co's FCF Margin % for the quarter that ended in Mar. 2024 was -87.63%.

OKE Precision Cutting Tools Co FCF Yield % Historical Data

The historical data trend for OKE Precision Cutting Tools 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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OKE Precision Cutting Tools Co FCF Yield % Chart

OKE Precision Cutting Tools Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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1.73

-2.66

-3.53

-10.18

OKE Precision Cutting Tools 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															-7.07	-6.57	-13.33	-2.51	-29.68

Competitive Comparison of OKE Precision Cutting Tools Co's FCF Yield %

For the Tools & Accessories subindustry, OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKE Precision Cutting Tools Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where OKE Precision Cutting Tools Co's FCF Yield % falls into.

OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-450.993	/	4430.0178
	=	-10.18%

OKE Precision Cutting Tools 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
	=	-231.248	*	4	/	3116.89066
	=	-29.68%

OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co FCF Yield % Related Terms

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OKE Precision Cutting Tools Co (SHSE:688308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » OKE Precision Cutting Tools Co Ltd (SHSE:688308) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8, Chuangye 4th Road, Small and Medium Enterprise Pioneer Park, Hunan Province. Lusong District, Yanling County, Zhuzhou, CHN, 412500

Website

http://www.oke-carbide.com

OKE Precision Cutting Tools Co Ltd is involved in the research and development, production and sales of cemented carbide products and CNC tool products. It offers CNC tool, carbide serrated blade, carbide disc and other cemented and carbide products.

Executives

Tan Wen Qing	Director
Su Zhen Hua	Director
Liang Bao Yu	Director
Han Hong Tao	Director
Yuan Mei He	Director

OKE Precision Cutting Tools Co (SHSE:688308) Headlines

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