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Shenzhen Sunrise New Energy Co (SZSE:002256) Cyclically Adjusted Revenue per Share : ¥0.30 (As of Mar. 2024)


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What is Shenzhen Sunrise New Energy 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.

Shenzhen Sunrise New Energy Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.035. 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 ¥0.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shenzhen Sunrise New Energy Co's average Cyclically Adjusted Revenue Growth Rate was -9.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.40% 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 Shenzhen Sunrise New Energy Co was -1.60% per year. The lowest was -6.60% per year. And the median was -4.20% per year.

As of today (2024-05-24), Shenzhen Sunrise New Energy Co's current stock price is ¥1.89. Shenzhen Sunrise New Energy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.30. Shenzhen Sunrise New Energy Co's Cyclically Adjusted PS Ratio of today is 6.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shenzhen Sunrise New Energy Co was 20.14. The lowest was 1.88. And the median was 7.89.


Shenzhen Sunrise New Energy Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shenzhen Sunrise New Energy 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.

Shenzhen Sunrise New Energy Co Cyclically Adjusted Revenue per Share Chart

Shenzhen Sunrise New Energy 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 0.41 0.38 0.36 0.35 0.31

Shenzhen Sunrise New Energy 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 0.33 0.32 0.32 0.31 0.30

Competitive Comparison of Shenzhen Sunrise New Energy Co's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Shenzhen Sunrise New Energy 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.


Shenzhen Sunrise New Energy Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Sunrise New Energy Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Sunrise New Energy Co's Cyclically Adjusted PS Ratio falls into.



Shenzhen Sunrise New Energy 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, Shenzhen Sunrise New Energy 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)
=0.035/115.2271*115.2271
=0.035

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Sunrise New Energy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.127 98.200 0.149
201409 0.092 98.900 0.107
201412 0.089 99.000 0.104
201503 0.094 99.900 0.108
201506 0.128 99.500 0.148
201509 0.117 100.500 0.134
201512 0.101 100.600 0.116
201603 0.114 102.200 0.129
201606 0.137 101.400 0.156
201609 0.058 102.400 0.065
201612 0.067 102.600 0.075
201703 0.053 103.200 0.059
201706 0.090 103.100 0.101
201709 0.052 104.100 0.058
201712 0.099 104.500 0.109
201803 0.109 105.300 0.119
201806 0.061 104.900 0.067
201809 0.077 106.600 0.083
201812 0.061 106.500 0.066
201903 0.033 107.700 0.035
201906 0.069 107.700 0.074
201909 0.082 109.800 0.086
201912 0.054 111.200 0.056
202003 0.053 112.300 0.054
202006 0.052 110.400 0.054
202009 0.046 111.700 0.047
202012 0.072 111.500 0.074
202103 0.043 112.662 0.044
202106 0.057 111.769 0.059
202109 0.038 112.215 0.039
202112 0.042 113.108 0.043
202203 0.035 114.335 0.035
202206 0.072 114.558 0.072
202209 0.037 115.339 0.037
202212 0.030 115.116 0.030
202303 0.031 115.116 0.031
202306 0.066 114.558 0.066
202309 0.035 115.339 0.035
202312 0.036 114.781 0.036
202403 0.035 115.227 0.035

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


Shenzhen Sunrise New Energy Co  (SZSE:002256) 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.

Shenzhen Sunrise New Energy Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.89/0.3
=6.30

* 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 Shenzhen Sunrise New Energy Co was 20.14. The lowest was 1.88. And the median was 7.89.


Be Aware

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


Shenzhen Sunrise New Energy Co Cyclically Adjusted Revenue per Share Related Terms

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Shenzhen Sunrise New Energy Co (SZSE:002256) Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, 11th Building, Kejizhong 2nd Road, Shenzhen Software Park Phase II, Hi-tech Industrial Park, Nanshan District, ShenZhen, CHN, 518057
Shenzhen Sunrise New Energy Co Ltd operates in the chemical raw materials and chemical manufacturing. The business of the company includes environmental protection coating, green household products, and environment car care products. The products of the company include spray paint, spray lubricants, motor engine care, car wax, car cleaner, complete car care, household care, industrial care, and wall paint.

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