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Changhong Meiling Co (SZSE:000521) 3-Year FCF Growth Rate : 20.90% (As of Mar. 2024)


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What is Changhong Meiling Co 3-Year FCF Growth Rate?

Changhong Meiling Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥-0.18.

During the past 12 months, Changhong Meiling Co's average Free Cash Flow per Share Growth Rate was 10.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 20.90% 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 average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Changhong Meiling Co was 50.90% per year. The lowest was -118.40% per year. And the median was 14.20% per year.


Competitive Comparison of Changhong Meiling Co's 3-Year FCF Growth Rate

For the Furnishings, Fixtures & Appliances subindustry, Changhong Meiling Co's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.


Changhong Meiling Co's 3-Year FCF Growth Rate Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Changhong Meiling Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Changhong Meiling Co's 3-Year FCF Growth Rate falls into.



Changhong Meiling Co 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Free Cash Flow per Share growth rate.


Changhong Meiling Co  (SZSE:000521) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Changhong Meiling Co 3-Year FCF Growth Rate Related Terms

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Changhong Meiling Co (SZSE:000521) Business Description

Traded in Other Exchanges
Address
No. 2163, Lianhua Road, Economic and technology Development Zone, Hefei, Anhui, CHN, 230601
Changhong Meiling Co Ltd functions in the consumer electronic industry of China. Its product portfolio comprises of refrigerators, air conditioners, washing machines and other household appliances. Hefei Meiling conducts its operations through five segments; Air-conditioning, Refrigerator & freezer & washing machine, Marketing, Small home appliance and Others. The company's washing machine varieties include fully automatic, roller and double barrel and the air conditioning products range include Guiji and Goodbye.

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