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.
The historical rank and industry rank for Ningbo Water Meter (Group) Co's OCF Yield % or its related term are showing as below:
SHSE:603700'
s OCF Yield % Range Over the Past 10 Years
Min: -0.8 Med: 3.73 Max: 9.59
Current: -0.29
During the past 13 years, the highest OCF Yield % of Ningbo Water Meter (Group) Co was 9.59%. The lowest was -0.80%. And the median was 3.73%.
SHSE:603700's OCF Yield % is ranked worse than 75.97% of 3075
companies
in the Industrial Products industry
Industry Median: 3.24
vs SHSE:603700: -0.29
Ningbo Water Meter (Group) 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.
Ningbo Water Meter (Group) Co OCF Yield % Related Terms
Ningbo Water Meter (Group) 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.
For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (Group) 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.
Ningbo Water Meter (Group) Co OCF Yield % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Ningbo Water Meter (Group) Co's OCF Yield % falls into.
* 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.
Ningbo Water Meter (Group) Co (SHSE:603700) has a OCF Yield % of -0.29 as of Aug. 02, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Ningbo Water Meter (Group) Co and its competitors. According to the industry distribution chart, Ningbo Water Meter (Group) Co ranks #2336 out of 3075 companies in the Industrial Products industry, placing it in the top 76%.
Is Ningbo Water Meter (Group) Co's OCF Yield % too high?
Ningbo Water Meter (Group) Co's current OCF Yield % is -0.29. Based on the distribution chart, Ningbo Water Meter (Group) Co ranks #2336 out of 3075 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ningbo Water Meter (Group) Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Water Meter (Group) Co's OCF Yield % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Water Meter (Group) Co ranks #2336 out of 3075 companies for OCF Yield %. This places Ningbo Water Meter (Group) Co in the lower half of its industry. The industry median OCF Yield % is 3.24. 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 an Industrial Products company?
The median OCF Yield % among Industrial Products companies is 3.24, based on 3,075 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. 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 Ningbo Water Meter (Group) Co and its competitors. For the Industrial Products industry, the median OCF Yield % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Water Meter (Group) Co's current OCF Yield % is -0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Water Meter (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co (SHSE:603700) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.24, compared to a current price of ¥11.06 — trading 22.3% below its estimated fair value. The current OCF Yield % is -0.29. Ningbo Water Meter (Group) Co's overall GF Score™ is 71/100 with 3 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 Ningbo Water Meter (Group) Co (SHSE:603700), the current OCF Yield % is -0.29 as of Aug. 02, 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 Ningbo Water Meter (Group) Co (SHSE:603700) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co stock appears to be undervalued.
The current stock price of ¥11.06 is trading 22.3% below its estimated GF Value™ of ¥14.24.
GuruFocus considers Ningbo Water Meter (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:603700:
OCF Yield %: -0.29
GF Value™: ¥14.24 vs. price of ¥11.06 (22.3% below fair value)
No single metric tells the full story. See the SHSE:603700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
71GF Score
Get the complete analysis for SHSE:603700
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:603700 has been successfully added to your 
