Kong Sun FCF yield
What is the FCF yield of Kong Sun?
The FCF yield of Kong Sun Holdings Limited is 71.50%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Utilities sector on HKSE compared to Kong Sun
What does Kong Sun do?
Kong Sun Holdings Limited, an investment holding company, invests in, operates, and maintains solar power plants in the People's Republic of China. The company operates through four segments: Solar Power Plants, Liquefied Natural Gas, Financial Services, and Others. It generates and sells electricity through solar power plants. As of December 31, 2021, the company owned 17 solar power plants with a total installed capacity of approximately 529.8 megawatts in Shaanxi, Inner Mongolia, Shanxi, Hebei, Henan, Anhui, Zhejiang, Hubei, and Qinghai Provinces. It also trades in liquefied natural gas and solar energy related products; provides various loans; and leases properties, as well as offers electricity maintenance services. The company was incorporated in 1955 and is headquartered in Beijing, China. Kong Sun Holdings Limited is a subsidiary of Pohua JT Private Equity Fund L.P.
Companies with fcf yield similar to Kong Sun
- Old Mutual has FCF yield of 70.57%
- Castor Maritime has FCF yield of 70.70%
- Sparebanken Vest has FCF yield of 70.74%
- China Overseas Grand Oceans has FCF yield of 70.77%
- ProSiebenSat.1 Media SE has FCF yield of 71.19%
- Trean Insurance has FCF yield of 71.39%
- Kong Sun has FCF yield of 71.50%
- Courtois S.A has FCF yield of 71.64%
- A.M. Castle & Co has FCF yield of 72.28%
- Hopson Development has FCF yield of 72.31%
- Bank of Communications Co has FCF yield of 72.75%
- Fokus Mining has FCF yield of 73.02%
- Norman Broadbent Plc has FCF yield of 73.16%