Beijing Enterprises Clean FCF yield
What is the FCF yield of Beijing Enterprises Clean?
The FCF yield of Beijing Enterprises Clean Energy Group Limited is 69.63%
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 Beijing Enterprises Clean
What does Beijing Enterprises Clean do?
Beijing Enterprises Clean Energy Group Limited engages in the investment, development, construction, operation, and management of photovoltaic power business in Mainland China. The company develops and constructs distributed photovoltaic power stations; and provides engineering, procurement, construction, and technical consultancy services for photovoltaic and wind power-related projects, and clean heat supply services, which include the production of heat through natural gas, electricity, geothermal energy, biomass energy, photovoltaic power, industrial excess heat energy, clean coal energy, river water source, etc., as well as trades in equipment related to photovoltaic power business. It also engages in the infrastructure development and operation of wind power plants and clean energy projects, as well as in the property investment business. The company was formerly known as Jin Cai Holdings Company Limited and changed its name to Beijing Enterprises Clean Energy Group Limited in June 2015. Beijing Enterprises Clean Energy Group Limited was founded in 2000 and is headquartered in Wanchai, Hong Kong.
Companies with fcf yield similar to Beijing Enterprises Clean
- First Savings Inc has FCF yield of 68.27%
- Permanent Tsb Pl has FCF yield of 68.33%
- Avation Plc has FCF yield of 68.72%
- Beijing Capital Grand has FCF yield of 69.47%
- UBS AG has FCF yield of 69.47%
- N Brown Plc has FCF yield of 69.51%
- Beijing Enterprises Clean has FCF yield of 69.63%
- U.S has FCF yield of 69.95%
- Hess Midstream LP has FCF yield of 69.98%
- Ashford Hospitality Trust Inc has FCF yield of 70.32%
- B Communications Ltd has FCF yield of 70.43%
- Old Mutual has FCF yield of 70.57%
- Castor Maritime has FCF yield of 70.70%