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Zhejiang Damon Technology Co (SHSE:688360) FCF Yield % : -0.54 (As of May. 24, 2024)


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What is Zhejiang Damon Technology 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, Zhejiang Damon Technology Co's Trailing 12-Month Free Cash Flow is ¥-14 Mil, and Market Cap is ¥2,511 Mil. Therefore, Zhejiang Damon Technology Co's FCF Yield % for today is -0.54%.

The historical rank and industry rank for Zhejiang Damon Technology Co's FCF Yield % or its related term are showing as below:

SHSE:688360' s FCF Yield % Range Over the Past 10 Years
Min: -7.16   Med: -1.34   Max: 2.5
Current: -0.54


During the past 12 years, the highest FCF Yield % of Zhejiang Damon Technology Co was 2.50%. The lowest was -7.16%. And the median was -1.34%.

SHSE:688360's FCF Yield % is ranked worse than
57.53% of 3026 companies
in the Industrial Products industry
Industry Median: 0.595 vs SHSE:688360: -0.54

Zhejiang Damon Technology Co's FCF Margin % for the quarter that ended in Mar. 2024 was -22.99%.


Zhejiang Damon Technology Co FCF Yield % Historical Data

The historical data trend for Zhejiang Damon Technology 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.

Zhejiang Damon Technology Co FCF Yield % Chart

Zhejiang Damon Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -2.49 -5.13 2.63 -0.56

Zhejiang Damon Technology 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 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 -10.80 3.55 1.40 2.56 -11.50

Competitive Comparison of Zhejiang Damon Technology Co's FCF Yield %

For the Specialty Industrial Machinery subindustry, Zhejiang Damon Technology 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.


Zhejiang Damon Technology Co's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Damon Technology Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Damon Technology Co's FCF Yield % falls into.



Zhejiang Damon Technology 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.

Zhejiang Damon Technology Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-15.218 / 2700.69948
=-0.56%

Zhejiang Damon Technology 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
=-64.278 * 4 / 2236.45368
=-11.50%

* 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.


Zhejiang Damon Technology 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.


Zhejiang Damon Technology Co FCF Yield % Related Terms

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Zhejiang Damon Technology Co (SHSE:688360) Business Description

Traded in Other Exchanges
N/A
Address
Shangqiang Industrial Zone, Zhejiang Province, Daixi Town, Huzhou, CHN, 313023
Zhejiang Damon Technology Co Ltd is a providers of intelligent logistics system solutions and key equipment in China. The company's business is divided into four divisions namely Dynamic storage division; Damon Australia division; Conveying sorting division; and Logistics components division. Its intelligent logistics equipment is widely used in intelligent manufacturing, e-commerce, express logistics, clothing, medicine, tobacco, new retail and other fields.
Executives
Wang Kai Director
Zhuo Xu Directors, senior managers
Guo Ai Hua Directors, senior managers
Wu Zhong Hua senior management

Zhejiang Damon Technology Co (SHSE:688360) Headlines

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