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Chengxin Lithium Group Co (SZSE:002240) Cyclically Adjusted FCF per Share : ¥-0.39 (As of Mar. 2024)


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What is Chengxin Lithium Group 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.

Chengxin Lithium Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.350. 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 ¥-0.39 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 (2024-06-10), Chengxin Lithium Group Co's current stock price is ¥15.26. Chengxin Lithium Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.39. Chengxin Lithium Group Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Chengxin Lithium Group Co was 2765.00. The lowest was 57.17. And the median was 276.67.


Chengxin Lithium Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Chengxin Lithium Group 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.

* Premium members only.

Chengxin Lithium Group Co Cyclically Adjusted FCF per Share Chart

Chengxin Lithium Group 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 0.03 0.01 -0.09 -0.08 -0.34

Chengxin Lithium Group 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 -0.11 -0.09 -0.28 -0.34 -0.39

Competitive Comparison of Chengxin Lithium Group Co's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Chengxin Lithium Group 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.


Chengxin Lithium Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chengxin Lithium Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chengxin Lithium Group Co's Cyclically Adjusted Price-to-FCF falls into.



Chengxin Lithium Group 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, Chengxin Lithium Group 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)
=-0.35/115.2271*115.2271
=-0.350

Current CPI (Mar. 2024) = 115.2271.

Chengxin Lithium Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.112 98.200 0.131
201409 -0.111 98.900 -0.129
201412 0.342 99.000 0.398
201503 0.045 99.900 0.052
201506 -0.037 99.500 -0.043
201509 -0.007 100.500 -0.008
201512 0.158 100.600 0.181
201603 -0.009 102.200 -0.010
201606 -0.039 101.400 -0.044
201609 0.118 102.400 0.133
201612 0.039 102.600 0.044
201703 -0.085 103.200 -0.095
201706 0.106 103.100 0.118
201709 -0.097 104.100 -0.107
201712 -0.193 104.500 -0.213
201803 -0.467 105.300 -0.511
201806 -0.433 104.900 -0.476
201809 0.008 106.600 0.009
201812 -0.086 106.500 -0.093
201903 -0.351 107.700 -0.376
201906 0.130 107.700 0.139
201909 -0.264 109.800 -0.277
201912 -0.214 111.200 -0.222
202003 -0.290 112.300 -0.298
202006 -0.386 110.400 -0.403
202009 -0.235 111.700 -0.242
202012 0.165 111.500 0.171
202103 -0.260 112.662 -0.266
202106 0.283 111.769 0.292
202109 -0.351 112.215 -0.360
202112 0.164 113.108 0.167
202203 -0.124 114.335 -0.125
202206 0.662 114.558 0.666
202209 0.949 115.339 0.948
202212 -0.618 115.116 -0.619
202303 -0.269 115.116 -0.269
202306 0.204 114.558 0.205
202309 -1.434 115.339 -1.433
202312 -0.577 114.781 -0.579
202403 -0.350 115.227 -0.350

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


Chengxin Lithium Group Co  (SZSE:002240) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Chengxin Lithium Group Co was 2765.00. The lowest was 57.17. And the median was 276.67.


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.


Chengxin Lithium Group Co Cyclically Adjusted FCF per Share Related Terms

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Chengxin Lithium Group Co (SZSE:002240) Business Description

Traded in Other Exchanges
N/A
Address
No. 1018, Huafu Road, 3206-3207, 32nd Floor, AVIC Center, Futian District, Guangdong, Shenzhen, CHN, 518031
Chengxin Lithium Group Co Ltd, formerly Shenzhen Chengxin Lithium Group Co Ltd is engaged in production and sales of basic lithium salt and rare earth products; production and sales of medium (high) density fiberboard, planting and sales of forest trees.
Executives
Fang Yi Directors, executives
Zhou Yi Director
Wang Qi Executives
Deng Wei Jun Directors, executives
Yao Kai Lin Executives
Zhong Da Lian Supervisors
Liu Da Cheng Supervisors
Zhang Sen Lin Independent director
Liang Bin Directors, executives
Li Jian Hua Director
Cai Jin Ping Executives
Liu Yan Mei Directors, Directors, and Executives
Liu Gong Executives
Hua Ru Directors, executives
Li Zhi Jie Executives

Chengxin Lithium Group Co (SZSE:002240) Headlines

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