Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.
Shanghai Smith Adhesive New Material Co OCF Yield % Explanation
Similar to Earnings Yield %, OCF 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 operating 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.
Shanghai Smith Adhesive New Material Co OCF Yield % Related Terms
Shanghai Smith Adhesive New Material Co OCF Yield % Historical Data
* 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.
Shanghai Smith Adhesive New Material Co OCF Yield % Chart
Shanghai Smith Adhesive New Material Co Annual Data
SHSE:603683 vs LIN, SHW, ECL: OCF Yield % Comparison
For the Specialty Chemicals subindustry, Shanghai Smith Adhesive New Material Co's OCF Yield %, along with its competitors' market caps and OCF 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.
Shanghai Smith Adhesive New Material Co OCF Yield % vs Chemicals Industry
* 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.
Shanghai Smith Adhesive New Material Co (SHSE:603683) has a OCF Yield % of 4.78 as of Aug. 01, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Shanghai Smith Adhesive New Material Co and its competitors. This is near median its historical median of 5.06. According to the industry distribution chart, Shanghai Smith Adhesive New Material Co ranks #822 out of 1604 companies in the Chemicals industry, placing it in the top 51.2%.
Is Shanghai Smith Adhesive New Material Co's OCF Yield % too high?
Shanghai Smith Adhesive New Material Co's current OCF Yield % of 4.78 is near median its 10-year median of 5.06. The Chemicals industry median OCF Yield % is 5.05. Shanghai Smith Adhesive New Material Co's value of 4.78 is 5.3% below this industry median. Based on the distribution chart, Shanghai Smith Adhesive New Material Co ranks #822 out of 1604 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shanghai Smith Adhesive New Material Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Smith Adhesive New Material Co's OCF Yield % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shanghai Smith Adhesive New Material Co ranks #822 out of 1604 companies for OCF Yield %. This places Shanghai Smith Adhesive New Material Co in the lower half of its industry. The industry median OCF Yield % is 5.05. Shanghai Smith Adhesive New Material Co's value of 4.78 is 5.3% below this benchmark. While the company's 10-year median is 5.06 vs. the industry median of 5.05, Shanghai Smith Adhesive New Material Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for a Chemicals company?
The median OCF Yield % among Chemicals companies is 5.05, based on 1,604 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shanghai Smith Adhesive New Material Co's current OCF Yield % of 4.78 is 5.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Shanghai Smith Adhesive New Material Co and its competitors. For the Chemicals industry, the median OCF Yield % is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Smith Adhesive New Material Co's current OCF Yield % is 4.78, which is near median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Smith Adhesive New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Smith Adhesive New Material Co (SHSE:603683) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.21, compared to a current price of ¥14.01 — trading 14.7% above its estimated fair value. The current OCF Yield % is 4.78, which is near median its 10-year median of 5.06 and 5.3% below the Chemicals industry median of 5.05. Shanghai Smith Adhesive New Material Co's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Shanghai Smith Adhesive New Material Co (SHSE:603683), the current OCF Yield % is 4.78 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shanghai Smith Adhesive New Material Co (SHSE:603683) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Smith Adhesive New Material Co stock appears to be overvalued.
The current stock price of ¥14.01 is trading 14.7% above its estimated GF Value™ of ¥12.21.
GuruFocus considers Shanghai Smith Adhesive New Material Co to be Modestly Overvalued.
Key valuation signals for SHSE:603683:
OCF Yield %: 4.78 (near median its 10-year median of 5.06)
GF Value™: ¥12.21 vs. price of ¥14.01 (14.7% above fair value)
Industry Position: 5.3% below the Chemicals median (#822 of 1604)
No single metric tells the full story. See the SHSE:603683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Smith Adhesive New Material Co Ltd is engaged in producing and manufacturing adhesive materials, including special paper, profile adhesive tape, electronic adhesive tape, cloth-based adhesive tape and other adhesive tape products. Its main products include masking tape, duct tape, rice tape, double-sided tape, foam tape, aluminum foil tape, kraft paper tape, bopp tape, covering tape and industrial tape. Products are widely used in various fields such as household, automotive, stationary, electronic and other fields.
74GF Score
Get the complete analysis for SHSE:603683
OCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603683 has been successfully added to your 
