GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lingyi Itech (Guangdong) Co Ltd (SZSE:002600) » Definitions » FCF Yield %

Lingyi Itech (Guangdong) Co (SZSE:002600) FCF Yield % : 3.61 (As of Jun. 19, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Lingyi Itech (Guangdong) 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, Lingyi Itech (Guangdong) Co's Trailing 12-Month Free Cash Flow is ¥1,451 Mil, and Market Cap is ¥40,157 Mil. Therefore, Lingyi Itech (Guangdong) Co's FCF Yield % for today is 3.61%.

The historical rank and industry rank for Lingyi Itech (Guangdong) Co's FCF Yield % or its related term are showing as below:

SZSE:002600' s FCF Yield % Range Over the Past 10 Years
Min: -12.89   Med: -0.85   Max: 9.96
Current: 3.61


During the past 13 years, the highest FCF Yield % of Lingyi Itech (Guangdong) Co was 9.96%. The lowest was -12.89%. And the median was -0.85%.

SZSE:002600's FCF Yield % is ranked better than
63.94% of 2485 companies
in the Hardware industry
Industry Median: 1.19 vs SZSE:002600: 3.61

Lingyi Itech (Guangdong) Co's FCF Margin % for the quarter that ended in Mar. 2024 was 3.30%.


Lingyi Itech (Guangdong) Co FCF Yield % Historical Data

The historical data trend for Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co FCF Yield % Chart

Lingyi Itech (Guangdong) 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 1.96 -0.42 -8.48 5.97 6.36

Lingyi Itech (Guangdong) 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 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 17.35 5.30 -0.24 4.30 3.36

Competitive Comparison of Lingyi Itech (Guangdong) Co's FCF Yield %

For the Electronic Components subindustry, Lingyi Itech (Guangdong) 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.


Lingyi Itech (Guangdong) Co's FCF Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lingyi Itech (Guangdong) Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Lingyi Itech (Guangdong) Co's FCF Yield % falls into.



Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=3013.718 / 47375.2968
=6.36%

Lingyi Itech (Guangdong) 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
=323.469 * 4 / 38474.9082
=3.36%

* 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.


Lingyi Itech (Guangdong) 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.


Lingyi Itech (Guangdong) Co FCF Yield % Related Terms

Thank you for viewing the detailed overview of Lingyi Itech (Guangdong) Co's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lingyi Itech (Guangdong) Co (SZSE:002600) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Longwan Road, GuangDong Province, Jiangmen, CHN, 529000
Lingyi Itech (Guangdong) Co Ltd is a Chinese company that manufactures magnetic materials, precision components and modules, precision structural parts, liquid crystal display modules, capacitive touch screens, wire and cable, motors, trade logistics, and supply chain finance. Its products are used in consumer electronics, automotive control, smart security, smart wear, smart home, new materials, new energy vehicles and other fields.
Executives
Liu Jian Feng Supervisors
Fan Wei Supervisors
Tan Jun Director
Li Xue Hua Supervisors
Li Xiao Qing Executives
Cheng Xin Independent director
Chen Guo Shi Director
Cao Yun Director
Liu Ji Wen Supervisors
Li Zhong Xuan Independent director
Wang Yan Executives
Wang Nan Dong Directors, executives
Zhou Zhan Feng Directors, Directors, and Executives
Liu Gang Directors, executives
Wu Jie Directors, executives

Lingyi Itech (Guangdong) Co (SZSE:002600) Headlines

No Headlines