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.
Hangzhou First Applied 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.
Hangzhou First Applied Material Co OCF Yield % Related Terms
Hangzhou First Applied 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.
Hangzhou First Applied Material Co OCF Yield % Chart
SHSE:603806 vs AMAT, LRCX, KLAC: OCF Yield % Comparison
For the Semiconductor Equipment & Materials subindustry, Hangzhou First Applied 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.
Hangzhou First Applied Material Co OCF Yield % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Hangzhou First Applied Material Co's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Hangzhou First Applied Material 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.
Hangzhou First Applied Material Co (SHSE:603806) has a OCF Yield % of 9.01 as of Aug. 23, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Hangzhou First Applied Material Co and its competitors. This is 664% above median its historical median of 1.18. According to the industry distribution chart, Hangzhou First Applied Material Co ranks #141 out of 1033 companies in the Semiconductors industry, placing it in the top 13.6%.
Is Hangzhou First Applied Material Co's OCF Yield % too high?
Hangzhou First Applied Material Co's current OCF Yield % of 9.01 is 664% above median its 10-year median of 1.18. The Semiconductors industry median OCF Yield % is 1.64. Hangzhou First Applied Material Co's value of 9.01 is 449.4% above this industry median. Based on the distribution chart, Hangzhou First Applied Material Co ranks #141 out of 1033 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou First Applied Material Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou First Applied Material Co's OCF Yield % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Hangzhou First Applied Material Co ranks #141 out of 1033 companies for OCF Yield %. This places Hangzhou First Applied Material Co in the top 14% of its industry — outperforming the majority of peers. The industry median OCF Yield % is 1.64. Hangzhou First Applied Material Co's value of 9.01 is 449.4% above this benchmark. While the company's 10-year median is 1.18 vs. the industry median of 1.64, Hangzhou First Applied Material Co has consistently been above 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 Semiconductors company?
The median OCF Yield % among Semiconductors companies is 1.64, based on 1,033 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. Hangzhou First Applied Material Co's current OCF Yield % of 9.01 is 449.4% above 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 Hangzhou First Applied Material Co and its competitors. For the Semiconductors industry, the median OCF Yield % is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou First Applied Material Co's current OCF Yield % is 9.01, which is 664% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou First Applied Material Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou First Applied Material Co (SHSE:603806) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.30, compared to a current price of ¥15.45 — trading 25.6% above its estimated fair value. The current OCF Yield % is 9.01, which is 664% above median its 10-year median of 1.18 and 449.4% above the Semiconductors industry median of 1.64. Hangzhou First Applied Material Co's overall GF Score™ is 87/100 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 Hangzhou First Applied Material Co (SHSE:603806), the current OCF Yield % is 9.01 as of Aug. 23, 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 Hangzhou First Applied Material Co (SHSE:603806) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou First Applied Material Co stock appears to be overvalued.
The current stock price of ¥15.45 is trading 25.6% above its estimated GF Value™ of ¥12.30.
GuruFocus considers Hangzhou First Applied Material Co to be Modestly Overvalued.
Key valuation signals for SHSE:603806:
OCF Yield %: 9.01 (664% above median its 10-year median of 1.18)
GF Value™: ¥12.30 vs. price of ¥15.45 (25.6% above fair value)
Industry Position: 449.4% above the Semiconductors median (#141 of 1033)
No single metric tells the full story. See the SHSE:603806 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou First Applied Material Co Ltd is a China-based company engaged in the production of solar cell adhesive film, solar cell backplane, photosensitive dry film, flexible copper clad laminate, silicone material, hot melt adhesive film (hot melt adhesive), hot melt web film (double-sided adhesive), clothing accessories (lining cloth); sales of solar cell modules, cells, polysilicon, polymer materials, and chemical raw materials and products.
87GF Score
Get the complete analysis for SHSE:603806
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:603806 has been successfully added to your 
