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Fuxing China Group (SGX:AWK) Cyclically Adjusted Revenue per Share : S$9.84 (As of Dec. 2023)


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What is Fuxing China Group 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.

Fuxing China Group's adjusted revenue per share data for the fiscal year that ended in Dec. 2023 was S$8.260. 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 S$9.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fuxing China Group's average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.50% 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 Fuxing China Group was 1.80% per year. The lowest was -3.30% per year. And the median was 0.95% per year.

As of today (2024-05-22), Fuxing China Group's current stock price is S$ 0.305. Fuxing China Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2023 was S$9.84. Fuxing China Group's Cyclically Adjusted PS Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fuxing China Group was 0.11. The lowest was 0.02. And the median was 0.07.


Fuxing China Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fuxing China Group'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.

Fuxing China Group Cyclically Adjusted Revenue per Share Chart

Fuxing China Group 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 9.56 9.47 9.58 9.92 9.84

Fuxing China Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9.58 - 9.92 - 9.84

Competitive Comparison of Fuxing China Group's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Fuxing China Group'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.


Fuxing China Group's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fuxing China Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fuxing China Group's Cyclically Adjusted PS Ratio falls into.



Fuxing China Group 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, Fuxing China Group's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.26/114.7809*114.7809
=8.260

Current CPI (Dec. 2023) = 114.7809.

Fuxing China Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 8.016 99.000 9.294
201512 8.910 100.600 10.166
201612 10.038 102.600 11.230
201712 10.938 104.500 12.014
201812 10.425 106.500 11.236
201912 8.326 111.200 8.594
202012 8.265 111.500 8.508
202112 9.488 113.108 9.628
202212 9.479 115.116 9.451
202312 8.260 114.781 8.260

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


Fuxing China Group  (SGX:AWK) 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.

Fuxing China Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.305/9.84
=0.03

* 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 Fuxing China Group was 0.11. The lowest was 0.02. And the median was 0.07.


Be Aware

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


Fuxing China Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Fuxing China Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fuxing China Group (SGX:AWK) Business Description

Traded in Other Exchanges
Address
Hangbian Industrial Area, Longhu Town, Fujian Province, Jinjiang, CHN, 362241
Fuxing China Group Ltd is an investment holding company. The company has four reportable operating segments: Zippers, Processing, Trading, and Corporate. The zipper segment is further subdivided into Zipper Chains, and Zipper Sliders. The processing segment includes colour dyeing of fabric tapes for zippers, electroplating services for zipper sliders, and manufacturing and sales of dyed yarn. The Trading segment represents the trading of raw materials, including rubber thread, nylon fabric, and nylon yarn. Its geographical segments are China and Hong Kong, of which China accounts for the majority of its revenue.