Shandong Meichen Ecology & Environment Co (SZSE:300237) FCF Yield % : 0.36 (As of Jun. 25, 2024)

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What is Shandong Meichen Ecology & Environment 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 Meichen Ecology & Environment Co's Trailing 12-Month Free Cash Flow is ¥5 Mil, and Market Cap is ¥1,514 Mil. Therefore, Shandong Meichen Ecology & Environment Co's FCF Yield % for today is 0.36%.

The historical rank and industry rank for Shandong Meichen Ecology & Environment Co's FCF Yield % or its related term are showing as below:

SZSE:300237' s FCF Yield % Range Over the Past 10 Years
Min: -9.87 Med: -3.08 Max: 1.98
Current: 0.36

During the past 13 years, the highest FCF Yield % of Shandong Meichen Ecology & Environment Co was 1.98%. The lowest was -9.87%. And the median was -3.08%.

SZSE:300237's FCF Yield % is ranked worse than
57.64% of 1315 companies
in the Vehicles & Parts industry
Industry Median: 1.63 vs SZSE:300237: 0.36

Shandong Meichen Ecology & Environment Co's FCF Margin % for the quarter that ended in Mar. 2024 was 14.15%.

Shandong Meichen Ecology & Environment Co FCF Yield % Historical Data

The historical data trend for Shandong Meichen Ecology & Environment 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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Shandong Meichen Ecology & Environment Co FCF Yield % Chart

Shandong Meichen Ecology & Environment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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-0.72

-7.60

-2.64

-3.76

-1.30

Shandong Meichen Ecology & Environment 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															2.03	-0.77	-3.36	-3.45	11.00

Competitive Comparison of Shandong Meichen Ecology & Environment Co's FCF Yield %

For the Auto Parts subindustry, Shandong Meichen Ecology & Environment 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 Meichen Ecology & Environment Co's FCF Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Meichen Ecology & Environment Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Shandong Meichen Ecology & Environment Co's FCF Yield % falls into.

Shandong Meichen Ecology & Environment 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 Meichen Ecology & Environment Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-40.105	/	3085.6874
	=	-1.30%

Shandong Meichen Ecology & Environment 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
	=	61.043	*	4	/	2220.5414
	=	11.00%

Shandong Meichen Ecology & Environment 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 Meichen Ecology & Environment Co FCF Yield % Related Terms

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Shandong Meichen Ecology & Environment Co (SZSE:300237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shandong Meichen Ecology & Environment Co Ltd (SZSE:300237) » Definitions » FCF Yield %

Traded in Other Exchanges

N/A

Address

Northern part of East Outer Ring, Shandong Province, Zhucheng City, CHN, 262200

Website

http://www.meichen.cc

Shandong Meichen Ecology & Environment Co Ltd is engaged in the research, development, manufacturing, and distribution of rubber hose, damping rubber, engineering plastics products and related raw materials in China. It operates in the business areas of Sophisticated high molecular material and Ecological environment protection. The sophisticated high molecular material area offers suspension products, system integration modified engineering plastics products, elastic products damping noise reduction, and fluid pipe products. Ecological environment protection includes services like an ecological garden, soil repair, city minerals, water ecological management and air detection management.

Executives

Xu Hai Qin	Director
Zhang Lei	Director
Zheng Zhao Wei	Director
Li Rong Hua	Directors, executives
Guo Bai Feng	Director
Ma Jing Chun	Director
Li Rui Long	Executives
Xiao Pan Wen	Directors, executives
Sun Pei Zhu	Directors, executives
Li Wei Gang	Secretary Dong
Zhen Ran	Supervisors
Zhao Xiang Yang	Independent director
Li Xiao Nan	Director

Shandong Meichen Ecology & Environment Co (SZSE:300237) Headlines

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