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Elite Color Environmental Resources Science & Technology Co (SZSE:002998) 3-Year FCF Growth Rate : 44.60% (As of Mar. 2024)


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What is Elite Color Environmental Resources Science & Technology Co 3-Year FCF Growth Rate?

Elite Color Environmental Resources Science & Technology Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥-0.38.

During the past 12 months, Elite Color Environmental Resources Science & Technology Co's average Free Cash Flow per Share Growth Rate was -98.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 44.60% 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 8 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Elite Color Environmental Resources Science & Technology Co was 44.60% per year. The lowest was 16.20% per year. And the median was 30.40% per year.


Competitive Comparison of Elite Color Environmental Resources Science & Technology Co's 3-Year FCF Growth Rate

For the Specialty Chemicals subindustry, Elite Color Environmental Resources Science & Technology 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.


Elite Color Environmental Resources Science & Technology Co's 3-Year FCF Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Elite Color Environmental Resources Science & Technology Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Elite Color Environmental Resources Science & Technology Co's 3-Year FCF Growth Rate falls into.



Elite Color Environmental Resources Science & Technology 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.


Elite Color Environmental Resources Science & Technology Co  (SZSE:002998) 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) %.


Elite Color Environmental Resources Science & Technology Co 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Elite Color Environmental Resources Science & Technology Co's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Elite Color Environmental Resources Science & Technology Co (SZSE:002998) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Huanxi Road, Zhutang Town, Jiangsu Province, Jiangyin, CHN, 214415
Elite Color Environmental Resources Science & Technology Co Ltd is engaged in research and development, production and sales of polyester fiber and its products. The company manufactures synthetic fiber materials, polyester fiber, clothing, knitwear, and textiles. Its products are used in engineering, automotive interior, civil carpet, and as per customer customization.

Elite Color Environmental Resources Science & Technology Co (SZSE:002998) Headlines

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