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Guangdong HEC Technology Holding Co (SHSE:600673) Cyclically Adjusted Revenue per Share : ¥3.81 (As of Mar. 2024)


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What is Guangdong HEC Technology Holding Co Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Guangdong HEC Technology Holding Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.945. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ¥3.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Guangdong HEC Technology Holding Co's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Guangdong HEC Technology Holding Co was 17.10% per year. The lowest was 3.40% per year. And the median was 10.05% per year.

As of today (2024-06-06), Guangdong HEC Technology Holding Co's current stock price is ¥8.15. Guangdong HEC Technology Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.81. Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Guangdong HEC Technology Holding Co was 5.70. The lowest was 1.33. And the median was 2.67.


Guangdong HEC Technology Holding Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Guangdong HEC Technology Holding Co's Cyclically Adjusted Revenue 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.

Guangdong HEC Technology Holding Co Cyclically Adjusted Revenue per Share Chart

Guangdong HEC Technology Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 3.26 3.46 3.67 3.75

Guangdong HEC Technology Holding 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 Revenue 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 3.70 3.69 3.75 3.75 3.81

Competitive Comparison of Guangdong HEC Technology Holding Co's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio falls into.



Guangdong HEC Technology Holding Co Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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, Guangdong HEC Technology Holding Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.945/115.2271*115.2271
=0.945

Current CPI (Mar. 2024) = 115.2271.

Guangdong HEC Technology Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.540 98.200 1.807
201409 1.554 98.900 1.811
201412 0.497 99.000 0.578
201503 0.379 99.900 0.437
201506 0.624 99.500 0.723
201509 0.509 100.500 0.584
201512 0.377 100.600 0.432
201603 0.432 102.200 0.487
201606 0.498 101.400 0.566
201609 0.563 102.400 0.634
201612 0.356 102.600 0.400
201703 0.662 103.200 0.739
201706 0.729 103.100 0.815
201709 0.960 104.100 1.063
201712 0.837 104.500 0.923
201803 1.082 105.300 1.184
201806 0.927 104.900 1.018
201809 0.976 106.600 1.055
201812 0.712 106.500 0.770
201903 1.293 107.700 1.383
201906 1.173 107.700 1.255
201909 1.074 109.800 1.127
201912 1.509 111.200 1.564
202003 1.272 112.300 1.305
202006 0.704 110.400 0.735
202009 0.727 111.700 0.750
202012 0.849 111.500 0.877
202103 0.960 112.662 0.982
202106 1.076 111.769 1.109
202109 1.080 112.215 1.109
202112 1.117 113.108 1.138
202203 0.978 114.335 0.986
202206 1.064 114.558 1.070
202209 0.957 115.339 0.956
202212 1.048 115.116 1.049
202303 0.901 115.116 0.902
202306 0.815 114.558 0.820
202309 0.996 115.339 0.995
202312 0.984 114.781 0.988
202403 0.945 115.227 0.945

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Guangdong HEC Technology Holding Co  (SHSE:600673) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Guangdong HEC Technology Holding Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.15/3.81
=2.14

* 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 PS Ratio of Guangdong HEC Technology Holding Co was 5.70. The lowest was 1.33. And the median was 2.67.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Guangdong HEC Technology Holding Co Cyclically Adjusted Revenue per Share Related Terms

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Guangdong HEC Technology Holding Co (SHSE:600673) Business Description

Traded in Other Exchanges
N/A
Address
Fifth Industrial Zone, Shangsha Village, Chang'an Town, Guangdong Province, Dongguan, CHN, 523871
Guangdong HEC Technology Holding Co Ltd is engaged in the manufacture and distribution of electronic materials and alloy materials. The company's products consist of electronic foils, hydrophilic foil, electronic light foil, capacitors, magnetic materials, electronic aluminum, and others.
Executives
Zhang Yu Shuai Director
Zhang Hong Wei Director
Tang Xin Fa Director
Chen Tie Sheng Director
Wang Zhen Director
Zhang Gao Shan Supervisors

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