GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Testing & Certification International Group Co Ltd (SHSE:603060) » Definitions » 3-Year FCF Growth Rate

China Testing & Certification International Group Co (SHSE:603060) 3-Year FCF Growth Rate : -179.00% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is China Testing & Certification International Group Co 3-Year FCF Growth Rate?

China Testing & Certification International Group Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥-0.22.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -179.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of China Testing & Certification International Group Co was 101.70% per year. The lowest was -179.00% per year. And the median was -16.45% per year.


Competitive Comparison of China Testing & Certification International Group Co's 3-Year FCF Growth Rate

For the Consulting Services subindustry, China Testing & Certification International Group Co's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.


China Testing & Certification International Group Co's 3-Year FCF Growth Rate Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Testing & Certification International Group Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where China Testing & Certification International Group Co's 3-Year FCF Growth Rate falls into.



China Testing & Certification International Group Co 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


China Testing & Certification International Group Co  (SHSE:603060) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


China Testing & Certification International Group Co 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of China Testing & Certification International Group Co's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


China Testing & Certification International Group Co (SHSE:603060) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Guanzhuang Dongli, South Building, Research and Production Area, Chaoyang District, Beijing, CHN, 100024
China Building Material Test & Certification Group Co Ltd provides third-party inspection and certification services in the fields of building materials and construction engineering. Its service offering comprises certification, safety and instrument development services as well as extended services such as energy-saving emission reduction technology services, standardization services, personnel training and occupational skill identification. The company primarily serve the building materials and construction engineering enterprises, solar photovoltaic product production and application enterprises, carbon emission trading units, product quality and technical supervision departments, industrial and commercial management departments and safety production supervision departments.

China Testing & Certification International Group Co (SHSE:603060) Headlines

No Headlines