Shanxi Meineng Clean Energy Co (SZSE:001299) FCF Yield % : 4.02 (As of Jun. 21, 2024)

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What is Shanxi Meineng Clean Energy 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, Shanxi Meineng Clean Energy Co's Trailing 12-Month Free Cash Flow is ¥88.2 Mil, and Market Cap is ¥2,196.6 Mil. Therefore, Shanxi Meineng Clean Energy Co's FCF Yield % for today is 4.02%.

The historical rank and industry rank for Shanxi Meineng Clean Energy Co's FCF Yield % or its related term are showing as below:

SZSE:001299' s FCF Yield % Range Over the Past 10 Years
Min: 0.81 Med: 2.67 Max: 4.02
Current: 4.02

During the past 8 years, the highest FCF Yield % of Shanxi Meineng Clean Energy Co was 4.02%. The lowest was 0.81%. And the median was 2.67%.

SZSE:001299's FCF Yield % is ranked better than
53.42% of 526 companies
in the Utilities - Regulated industry
Industry Median: 2.9 vs SZSE:001299: 4.02

Shanxi Meineng Clean Energy Co's FCF Margin % for the quarter that ended in Mar. 2024 was -14.58%.

Shanxi Meineng Clean Energy Co FCF Yield % Historical Data

The historical data trend for Shanxi Meineng Clean Energy 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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Shanxi Meineng Clean Energy Co FCF Yield % Chart

Shanxi Meineng Clean Energy Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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2.92

1.97

Shanxi Meineng Clean Energy Co Quarterly Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial													-7.82	2.07	8.19	4.50	-5.31

Competitive Comparison of Shanxi Meineng Clean Energy Co's FCF Yield %

For the Utilities - Regulated Gas subindustry, Shanxi Meineng Clean Energy 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.

Shanxi Meineng Clean Energy Co's FCF Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shanxi Meineng Clean Energy Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Shanxi Meineng Clean Energy Co's FCF Yield % falls into.

Shanxi Meineng Clean Energy 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.

Shanxi Meineng Clean Energy Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	57.296	/	2913.1174
	=	1.97%

Shanxi Meineng Clean Energy 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
	=	-30.67	*	4	/	2309.1098
	=	-5.31%

Shanxi Meineng Clean Energy 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.

Shanxi Meineng Clean Energy Co FCF Yield % Related Terms

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Shanxi Meineng Clean Energy Co (SZSE:001299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shanxi Meineng Clean Energy Co Ltd (SZSE:001299) » Definitions » FCF Yield %

Traded in Other Exchanges

N/A

Address

No. 48 Keji Road, Room B1605, Pioneer Plaza, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710016

Website

http://www.meinenggas.com

Shanxi Meineng Clean Energy Co Ltd is an innovative and energetic professional gas operation enterprise. It is mainly engaged in investment in urban gas, compressed natural gas filling stations, LNG production plants and filling stations, coal-to-natural gas production plants, and gas pipelines; consulting in the gas industry, training and management.

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