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Guangdong Modern High-Tech Fiber Co (SZSE:300876) FCF Yield % : -27.96 (As of Jun. 17, 2024)


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What is Guangdong Modern High-Tech Fiber 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, Guangdong Modern High-Tech Fiber Co's Trailing 12-Month Free Cash Flow is ¥-479.1 Mil, and Market Cap is ¥1,713.6 Mil. Therefore, Guangdong Modern High-Tech Fiber Co's FCF Yield % for today is -27.96%.

The historical rank and industry rank for Guangdong Modern High-Tech Fiber Co's FCF Yield % or its related term are showing as below:

SZSE:300876' s FCF Yield % Range Over the Past 10 Years
Min: -30.44   Med: -4.23   Max: 0.77
Current: -27.96


During the past 8 years, the highest FCF Yield % of Guangdong Modern High-Tech Fiber Co was 0.77%. The lowest was -30.44%. And the median was -4.23%.

SZSE:300876's FCF Yield % is ranked worse than
93.14% of 1078 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.26 vs SZSE:300876: -27.96

Guangdong Modern High-Tech Fiber Co's FCF Margin % for the quarter that ended in Mar. 2024 was -220.59%.


Guangdong Modern High-Tech Fiber Co FCF Yield % Historical Data

The historical data trend for Guangdong Modern High-Tech Fiber 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.

Guangdong Modern High-Tech Fiber Co FCF Yield % Chart

Guangdong Modern High-Tech Fiber Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial - 0.43 -2.78 -8.20 -13.16

Guangdong Modern High-Tech Fiber Co Quarterly Data
Dec18 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 -8.52 -15.35 -6.42 -21.02 -48.10

Competitive Comparison of Guangdong Modern High-Tech Fiber Co's FCF Yield %

For the Textile Manufacturing subindustry, Guangdong Modern High-Tech Fiber 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.


Guangdong Modern High-Tech Fiber Co's FCF Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Guangdong Modern High-Tech Fiber Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Guangdong Modern High-Tech Fiber Co's FCF Yield % falls into.



Guangdong Modern High-Tech Fiber 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.

Guangdong Modern High-Tech Fiber Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-316.171 / 2401.972542
=-13.16%

Guangdong Modern High-Tech Fiber 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
=-218.513 * 4 / 1817.319753
=-48.10%

* 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.


Guangdong Modern High-Tech Fiber 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.


Guangdong Modern High-Tech Fiber Co FCF Yield % Related Terms

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Guangdong Modern High-Tech Fiber Co (SZSE:300876) Business Description

Traded in Other Exchanges
N/A
Address
Xipian Industrial Zone, Jiedong City, Guangdong Province, Jieyang, CHN, 515500
Guangdong Modern High-Tech Fiber Co Ltd is engaged in production and sales of polypropylene fiber. The company's product categories include MODERNS PP Microfiber; Differential Fiber PP Yarn; PP intermingled FDY; PP Profiled Yarn; PP Twisted Yarn; PP BCF YARN; and PP ATY.
Executives
Zhu Shao Fen Directors, executives
Zheng Xiao Yi Executives

Guangdong Modern High-Tech Fiber Co (SZSE:300876) Headlines

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