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Greater China Financial Holdings (HKSE:00431) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Greater China Financial Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Greater China Financial Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Greater China Financial Holdings's Cyclically Adjusted Price-to-FCF 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.

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Greater China Financial Holdings Cyclically Adjusted Price-to-FCF Chart

Greater China Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Greater China Financial Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Greater China Financial Holdings's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Greater China Financial Holdings'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.


Greater China Financial Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Greater China Financial Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Greater China Financial Holdings's Cyclically Adjusted Price-to-FCF falls into.



Greater China Financial Holdings Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Greater China Financial Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Greater China Financial Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.001/117.2957*117.2957
=-0.001

Current CPI (Dec23) = 117.2957.

Greater China Financial Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.002 99.707 -0.002
201512 -0.075 102.015 -0.086
201612 -0.037 103.225 -0.042
201712 -0.016 104.984 -0.018
201812 -0.001 107.622 -0.001
201912 -0.013 110.700 -0.014
202012 -0.021 109.711 -0.022
202112 -0.021 112.349 -0.022
202212 -0.010 114.548 -0.010
202312 -0.001 117.296 -0.001

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


Greater China Financial Holdings  (HKSE:00431) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Greater China Financial Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Greater China Financial Holdings (HKSE:00431) Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, Suites 3612-16, 36th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Greater China Financial Holdings Ltd, through its subsidiaries, is engaged in investment holding, industrial property development, general trading of consumable goods, securities brokerage, insurance brokerage, asset management and loan financing operation including loan financing, financial guarantee services, loan referral and consultancy services. It generates maximum revenue from the loan financing operation segment. It operates in Hong Kong and the PRC. Geographically, it derives a majority of revenue from China.
Executives
Liu Kequan 2101 Beneficial owner
Chen Zheng 2201 Interest of corporation controlled by you
Skill Rich Limited 2101 Beneficial owner
Chu Lam Yiu 2101 Beneficial owner
Eastern Spring Global Limited 2101 Beneficial owner
Yang Dayong
Greater China Financial Holdings Limited 2201 Interest of corporation controlled by you
Harmonic Edge Limited 2106 Person having a security interest in shares
Liang Miaoxin 2202 Interest of your spouse

Greater China Financial Holdings (HKSE:00431) Headlines

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