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Jiangsu Financial Leasing Co (SHSE:600901) Cyclically Adjusted FCF per Share : ¥-0.25 (As of Mar. 2024)


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What is Jiangsu Financial Leasing Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Jiangsu Financial Leasing Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.651. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥-0.25 for the trailing ten years ended in Mar. 2024.

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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-01), Jiangsu Financial Leasing Co's current stock price is ¥5.28. Jiangsu Financial Leasing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.25. Jiangsu Financial Leasing Co's Cyclically Adjusted Price-to-FCF of today is .


Jiangsu Financial Leasing Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jiangsu Financial Leasing Co's Cyclically Adjusted FCF per Share 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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Jiangsu Financial Leasing Co Cyclically Adjusted FCF per Share Chart

Jiangsu Financial Leasing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.27 -0.17

Jiangsu Financial Leasing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.28 -0.26 -0.22 -0.17 -0.25

Competitive Comparison of Jiangsu Financial Leasing Co's Cyclically Adjusted FCF per Share

For the Credit Services subindustry, Jiangsu Financial Leasing Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Jiangsu Financial Leasing Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Jiangsu Financial Leasing Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Financial Leasing Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Financial Leasing Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Jiangsu Financial Leasing Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.651/115.2271*115.2271
=-0.651

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Financial Leasing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201012 0.000 89.289 0.000
201106 0.000 91.612 0.000
201112 0.000 92.885 0.000
201206 0.000 93.495 0.000
201212 0.000 95.237 0.000
201306 0.000 95.984 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201703 -0.361 103.200 -0.403
201706 0.168 103.100 0.188
201709 0.463 104.100 0.512
201712 0.033 104.500 0.036
201803 -1.272 105.300 -1.392
201806 -0.811 104.900 -0.891
201809 0.032 106.600 0.035
201812 0.052 106.500 0.056
201903 -0.065 107.700 -0.070
201906 -0.075 107.700 -0.080
201909 0.433 109.800 0.454
201912 -0.012 111.200 -0.012
202003 -0.156 112.300 -0.160
202006 0.225 110.400 0.235
202009 0.178 111.700 0.184
202012 -0.540 111.500 -0.558
202103 0.410 112.662 0.419
202106 0.193 111.769 0.199
202109 0.267 112.215 0.274
202112 -0.577 113.108 -0.588
202203 -0.222 114.335 -0.224
202206 -0.005 114.558 -0.005
202209 -0.356 115.339 -0.356
202212 0.526 115.116 0.527
202303 -0.130 115.116 -0.130
202306 0.060 114.558 0.060
202309 0.205 115.339 0.205
202312 0.302 114.781 0.303
202403 -0.651 115.227 -0.651

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Jiangsu Financial Leasing Co  (SHSE:600901) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Jiangsu Financial Leasing Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Jiangsu Financial Leasing Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Financial Leasing Co (SHSE:600901) Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Shanxi Road, Floor 26th and 27th, Nanjing, CHN, 210009
Jiangsu Financial Leasing Co Ltd is a China-based non-bank financial institution provides financial leasing services.
Executives
Xiong Xian Gen Directors, senior managers
Zheng Yin Sheng senior management
Jiang Yong Directors, senior managers
Han Lei Director
Zhou Bai Qing Directors, senior managers
Zhu Qiang senior management
Zhang Chun Biao senior management
Zhang Yi Qin Supervisors
Wu Yun senior management
Liu Ming senior management

Jiangsu Financial Leasing Co (SHSE:600901) Headlines

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