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Guangdong Rongtai Industry Co (SHSE:600589) 3-Year FCF Growth Rate : 61.10% (As of Mar. 2024)


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What is Guangdong Rongtai Industry Co 3-Year FCF Growth Rate?

Guangdong Rongtai Industry Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥0.04.

During the past 12 months, Guangdong Rongtai Industry Co's average Free Cash Flow per Share Growth Rate was -108.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 61.10% 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 Guangdong Rongtai Industry Co was 61.10% per year. The lowest was -48.70% per year. And the median was 18.30% per year.


Competitive Comparison of Guangdong Rongtai Industry Co's 3-Year FCF Growth Rate

For the Chemicals subindustry, Guangdong Rongtai Industry 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.


Guangdong Rongtai Industry Co's 3-Year FCF Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Rongtai Industry Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Guangdong Rongtai Industry Co's 3-Year FCF Growth Rate falls into.



Guangdong Rongtai Industry 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.


Guangdong Rongtai Industry Co  (SHSE:600589) 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) %.


Guangdong Rongtai Industry Co 3-Year FCF Growth Rate Related Terms

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Guangdong Rongtai Industry Co (SHSE:600589) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xinxing East 2nd Road, Rongcheng District,Guangdong, Jieyang, CHN, 522000
Guangdong Rongtai Industry Co Ltd produces and sells new chemical materials and their products mostly and does research and development of high polymer composite. The company owns 3 plants (a chemical solvent plant, a chemical material plant, a melamine ware plant), a research institute, an engineering and technology research and development center (province grade), an enterprise technology center (province grade), and a postdoctoral programme.
Executives
Zhang Wei Directors, senior managers
Zhou Chun senior management
Xia Chun Yuan Directors, senior managers
Yang Bao Sheng Director

Guangdong Rongtai Industry Co (SHSE:600589) Headlines

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