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Wankai New Material Co (SZSE:301216) FCF Yield % : -34.32 (As of May. 20, 2024)


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What is Wankai New Material 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, Wankai New Material Co's Trailing 12-Month Free Cash Flow is ¥-2,188 Mil, and Market Cap is ¥6,377 Mil. Therefore, Wankai New Material Co's FCF Yield % for today is -34.32%.

The historical rank and industry rank for Wankai New Material Co's FCF Yield % or its related term are showing as below:

SZSE:301216' s FCF Yield % Range Over the Past 10 Years
Min: -36.61   Med: -11.83   Max: -0.82
Current: -34.32


During the past 7 years, the highest FCF Yield % of Wankai New Material Co was -0.82%. The lowest was -36.61%. And the median was -11.83%.

SZSE:301216's FCF Yield % is ranked worse than
96.1% of 1564 companies
in the Chemicals industry
Industry Median: 0.59 vs SZSE:301216: -34.32

Wankai New Material Co's FCF Margin % for the quarter that ended in Mar. 2024 was -18.90%.


Wankai New Material Co FCF Yield % Historical Data

The historical data trend for Wankai New Material 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.

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Wankai New Material Co FCF Yield % Chart

Wankai New Material Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial - - - -0.88 -27.09

Wankai New Material Co Quarterly Data
Dec17 Dec18 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 -24.18 -26.46 -37.85 -5.55 -50.98

Competitive Comparison of Wankai New Material Co's FCF Yield %

For the Specialty Chemicals subindustry, Wankai New Material 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.


Wankai New Material Co's FCF Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wankai New Material Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Wankai New Material Co's FCF Yield % falls into.



Wankai New Material 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.

Wankai New Material Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1971.505 / 7278.26409
=-27.09%

Wankai New Material 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
=-802.873 * 4 / 6299.58739
=-50.98%

* 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.


Wankai New Material 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.


Wankai New Material Co FCF Yield % Related Terms

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Wankai New Material Co (SZSE:301216) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Wenlan Road, Jianshan New District, Jiaxing City, Zhejiang Province, Haining, CHN, 314415
Wankai New Material Co Ltd is engaged in the research and development, production and sales of polyester material.

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