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Guangdong Join-Share Financing Guarantee Investment Co (HKSE:01543) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Guangdong Join-Share Financing Guarantee Investment Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Join-Share Financing Guarantee Investment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Guangdong Join-Share Financing Guarantee Investment Co'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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Guangdong Join-Share Financing Guarantee Investment Co Cyclically Adjusted Price-to-FCF Chart

Guangdong Join-Share Financing Guarantee Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Guangdong Join-Share Financing Guarantee Investment Co Semi-Annual Data
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 Guangdong Join-Share Financing Guarantee Investment Co's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Guangdong Join-Share Financing Guarantee Investment 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.


Guangdong Join-Share Financing Guarantee Investment Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Guangdong Join-Share Financing Guarantee Investment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangdong Join-Share Financing Guarantee Investment Co's Cyclically Adjusted Price-to-FCF falls into.



Guangdong Join-Share Financing Guarantee Investment Co 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.

Guangdong Join-Share Financing Guarantee Investment Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Guangdong Join-Share Financing Guarantee Investment Co'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)
=-0.029/114.7809*114.7809
=-0.029

Current CPI (Dec23) = 114.7809.

Guangdong Join-Share Financing Guarantee Investment Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.025 99.000 -0.029
201512 -0.330 100.600 -0.377
201612 0.223 102.600 0.249
201712 -0.115 104.500 -0.126
201812 0.171 106.500 0.184
201912 0.094 111.200 0.097
202012 -0.019 111.500 -0.020
202112 -0.126 113.108 -0.128
202212 -0.033 115.116 -0.033
202312 -0.029 114.781 -0.029

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.


Guangdong Join-Share Financing Guarantee Investment Co  (HKSE:01543) 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.


Guangdong Join-Share Financing Guarantee Investment Co Cyclically Adjusted Price-to-FCF Related Terms

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Guangdong Join-Share Financing Guarantee Investment Co (HKSE:01543) Business Description

Traded in Other Exchanges
N/A
Address
No.31 Fuhua Road, Block 1, Room 4101-4110, Lecong Town, Join-Share International Financing Center, Shunde District Guangdong Province, Foshan, CHN, 528000
Guangdong Join-Share Financing Guarantee Investment Co Ltd is a financing services provider, focusing on providing credit-based financing solutions to small and medium enterprises (SMEs) to satisfy their financing and business needs. It provides guarantees on behalf of, and entrusted loans to, SMEs and individual business proprietors. It also provides micro-lending to SMEs, individual business proprietors and individuals in Foshan. The business is distinguished into Guarantees Business and SME Lending segments. The guarantee Business segment is further divided into Financial and Non-Financial Guarantees. The Guarantee segment generates maximum revenue for the company. Geographically, the firm operates in the People's Republic of China.
Executives
Dragon Pearl Hong Kong Investment Development Limited 2101 Beneficial owner
Wu Zhi Jian 2201 Interest of corporation controlled by you
Hong Kong Wellknown Development Limited 2101 Beneficial owner
Lo Kai Bong 2101 Beneficial owner
Lee Su Hwei 2201 Interest of corporation controlled by you
Lee Seng Huang 2201 Interest of corporation controlled by you
Apac Resources Limited 2201 Interest of corporation controlled by you
Allied Group Limited 2201 Interest of corporation controlled by you
Lee Seng Hui 2103 Interests held jointly with another person
Shk Finance Limited 2106 Person having a security interest in shares
United Asia Finance Limited 2201 Interest of corporation controlled by you
Sun Hung Kai & Co. Limited 2201 Interest of corporation controlled by you
Li Shen Hua 2101 Beneficial owner
True Faith International Enterprise Limited 2101 Beneficial owner
True Faith Holdings (hong Kong) Limited 2201 Interest of corporation controlled by you

Guangdong Join-Share Financing Guarantee Investment Co (HKSE:01543) Headlines

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