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Hainan Airlines Holding Co (SHSE:900945) Cyclically Adjusted Revenue per Share : $0.40 (As of Mar. 2024)


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What is Hainan Airlines Holding 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.

Hainan Airlines Holding Co's adjusted revenue per share for the three months ended in Mar. 2024 was $0.056. 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 $0.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hainan Airlines Holding Co's average Cyclically Adjusted Revenue Growth Rate was -6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.90% 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 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 Hainan Airlines Holding Co was 7.70% per year. The lowest was -10.40% per year. And the median was -1.20% per year.

As of today (2024-05-17), Hainan Airlines Holding Co's current stock price is $0.182. Hainan Airlines Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.40. Hainan Airlines Holding Co's Cyclically Adjusted PS Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hainan Airlines Holding Co was 1.68. The lowest was 0.35. And the median was 0.55.


Hainan Airlines Holding Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hainan Airlines Holding 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.

Hainan Airlines Holding Co Cyclically Adjusted Revenue per Share Chart

Hainan Airlines Holding 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 0.61 0.47 0.47 0.48 0.37

Hainan Airlines Holding 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 0.43 0.40 0.41 0.37 0.40

Competitive Comparison of Hainan Airlines Holding Co's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Hainan Airlines Holding 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.


Hainan Airlines Holding Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Airlines Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hainan Airlines Holding Co's Cyclically Adjusted PS Ratio falls into.



Hainan Airlines Holding 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, Hainan Airlines Holding 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)
=0.056/115.2271*115.2271
=0.056

Current CPI (Mar. 2024) = 115.2271.

Hainan Airlines Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.124 98.200 0.146
201409 0.131 98.900 0.153
201412 0.110 99.000 0.128
201503 0.120 99.900 0.138
201506 0.100 99.500 0.116
201509 0.129 100.500 0.148
201512 0.109 100.600 0.125
201603 0.127 102.200 0.143
201606 0.110 101.400 0.125
201609 0.134 102.400 0.151
201612 0.065 102.600 0.073
201703 0.125 103.200 0.140
201706 0.122 103.100 0.136
201709 0.310 104.100 0.343
201712 0.099 104.500 0.109
201803 0.158 105.300 0.173
201806 0.148 104.900 0.163
201809 0.173 106.600 0.187
201812 0.193 106.500 0.209
201903 0.165 107.700 0.177
201906 0.142 107.700 0.152
201909 0.167 109.800 0.175
201912 0.026 111.200 0.027
202003 0.058 112.300 0.060
202006 0.041 110.400 0.043
202009 0.071 111.700 0.073
202012 0.089 111.500 0.092
202103 0.071 112.662 0.073
202106 0.098 111.769 0.101
202109 0.082 112.215 0.084
202112 0.048 113.108 0.049
202203 0.030 114.335 0.030
202206 0.021 114.558 0.021
202209 0.033 115.339 0.033
202212 0.016 115.116 0.016
202303 0.045 115.116 0.045
202306 0.046 114.558 0.046
202309 0.061 115.339 0.061
202312 0.035 114.781 0.035
202403 0.056 115.227 0.056

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


Hainan Airlines Holding Co  (SHSE:900945) 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.

Hainan Airlines Holding Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.182/0.4
=0.46

* 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 Hainan Airlines Holding Co was 1.68. The lowest was 0.35. And the median was 0.55.


Be Aware

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


Hainan Airlines Holding Co Cyclically Adjusted Revenue per Share Related Terms

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Hainan Airlines Holding Co (SHSE:900945) Business Description

Traded in Other Exchanges
Address
No. 7 Guoxing Avenue, Hainan Airlines Building, Hainan Province, Haikou, CHN, 570203
Hainan Airlines Holding Co Ltd is an airline company. The company is engaged in international and domestic air passenger and postal transport business. Its services include aviation travel, production of onboard supplies, aviation equipment, aviation ground equipment and spare parts, terminal service and operation; insurance, and agency service.

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