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Hongli Zhihui Group Co (SZSE:300219) Cyclically Adjusted FCF per Share : ¥0.03 (As of Mar. 2024)


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What is Hongli Zhihui 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.

Hongli Zhihui Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.094. 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 ¥0.03 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Hongli Zhihui Group Co was 26.00% per year. The lowest was -12.60% per year. And the median was 6.70% per year.

As of today (2024-06-10), Hongli Zhihui Group Co's current stock price is ¥5.85. Hongli Zhihui Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.03. Hongli Zhihui Group Co's Cyclically Adjusted Price-to-FCF of today is 195.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hongli Zhihui Group Co was 1675.00. The lowest was 142.75. And the median was 354.67.


Hongli Zhihui Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hongli Zhihui 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.

Hongli Zhihui Group Co Cyclically Adjusted FCF per Share Chart

Hongli Zhihui 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 0.02 0.03 0.02 0.04

Hongli Zhihui 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 - 0.01 0.04 0.04 0.03

Competitive Comparison of Hongli Zhihui Group Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Hongli Zhihui 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.


Hongli Zhihui Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hongli Zhihui Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hongli Zhihui 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, Hongli Zhihui 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)
=-0.094/115.2271*115.2271
=-0.094

Current CPI (Mar. 2024) = 115.2271.

Hongli Zhihui Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.025 98.200 -0.029
201409 0.117 98.900 0.136
201412 0.083 99.000 0.097
201503 -0.104 99.900 -0.120
201506 -0.027 99.500 -0.031
201509 0.121 100.500 0.139
201512 0.046 100.600 0.053
201603 -0.112 102.200 -0.126
201606 -0.133 101.400 -0.151
201609 0.029 102.400 0.033
201612 -0.046 102.600 -0.052
201703 -0.114 103.200 -0.127
201706 -0.200 103.100 -0.224
201709 0.145 104.100 0.160
201712 -0.181 104.500 -0.200
201803 0.063 105.300 0.069
201806 0.298 104.900 0.327
201809 0.068 106.600 0.074
201812 0.010 106.500 0.011
201903 0.015 107.700 0.016
201906 -0.052 107.700 -0.056
201909 0.317 109.800 0.333
201912 0.302 111.200 0.313
202003 -0.063 112.300 -0.065
202006 0.073 110.400 0.076
202009 -0.022 111.700 -0.023
202012 -0.042 111.500 -0.043
202103 -0.155 112.662 -0.159
202106 0.035 111.769 0.036
202109 -0.279 112.215 -0.286
202112 0.296 113.108 0.302
202203 -0.169 114.335 -0.170
202206 0.103 114.558 0.104
202209 -0.102 115.339 -0.102
202212 -0.216 115.116 -0.216
202303 -0.212 115.116 -0.212
202306 0.157 114.558 0.158
202309 0.307 115.339 0.307
202312 0.089 114.781 0.089
202403 -0.094 115.227 -0.094

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


Hongli Zhihui Group Co  (SZSE:300219) 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.

Hongli Zhihui Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.85/0.03
=195.00

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hongli Zhihui Group Co was 1675.00. The lowest was 142.75. And the median was 354.67.


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.


Hongli Zhihui Group Co Cyclically Adjusted FCF per Share Related Terms

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


Hongli Zhihui Group Co (SZSE:300219) Business Description

Industry
Traded in Other Exchanges
N/A
Address
West Dongfeng Highway, Auto City Huadu, Guangzhou City, CHN, 510800
Hongli Zhihui Group Co Ltd is engaged in the production and development of SMD LEDs, COB LEDs, High Power LEDs, Automotive LEDs, UV LEDs, LAMP LEDs, and Infrared LEDs. Its products are widely used in applied in general lighting, TV backlight, 3C, automotive lighting, display and other fields.
Executives
Li Jun Dong Directors, executives
Li Guo Ping Director
Liu Xin Guo Director
Jia He Chao Directors, executives
Dong Jin Ling Director
Deng Shou Tie Directors, executives
Yong Xin Supervisors
Sun Chang Yuan Executives
Chen Shu Fen Supervisors
Yang Yong Fa Executives
Wang Yu Hong Director
Lei Li Ning Directors, executives
Shi Chao Supervisors
Liu Yu Sheng Executives

Hongli Zhihui Group Co (SZSE:300219) Headlines

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