Huaneng Lancang River Hydropower (SHSE:600025) Cyclically Adjusted FCF per Share: ¥0.25 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600025 Huaneng Lancang River Hydropower Inc SHSE:600025
82 GF Score
Price ¥10.04
GF Value ¥9.78
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Huaneng Lancang River Hydropower Cyclically Adjusted FCF per Share?

Huaneng Lancang River Hydropower SHSE:600025 -1.28% 82 Cyclically Adjusted FCF per Share is ¥0.25 as of Mar. 2026. GuruFocus rates SHSE:600025 with a GF Score™ of 82/100 and a GF Value™ of ¥9.78 (Fairly Valued). The stock has 6 warning signs investors should review.

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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Huaneng Lancang River Hydropower's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥0.045. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥0.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Huaneng Lancang River Hydropower's average Cyclically Adjusted FCF Growth Rate was 13.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Huaneng Lancang River Hydropower was 51.90% per year. The lowest was 4.60% per year. And the median was 25.40% per year.

As of today (2026-07-24), Huaneng Lancang River Hydropower's current stock price is ¥10.04. Huaneng Lancang River Hydropower's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥0.25. Huaneng Lancang River Hydropower's Cyclically Adjusted Price-to-FCF of today is 40.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Huaneng Lancang River Hydropower was 148.20. The lowest was 31.18. And the median was 41.17.


Huaneng Lancang River Hydropower  (SHSE:600025) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Huaneng Lancang River Hydropower's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.04/0.25
=40.16

* 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 Price-to-FCF of Huaneng Lancang River Hydropower was 148.20. The lowest was 31.18. And the median was 41.17.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Huaneng Lancang River Hydropower Cyclically Adjusted FCF per Share Related Terms


Huaneng Lancang River Hydropower Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Huaneng Lancang River Hydropower's Cyclically Adjusted FCF 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.

Huaneng Lancang River Hydropower Cyclically Adjusted FCF per Share Chart

Huaneng Lancang River Hydropower Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.21 0.24 0.23 0.24

Huaneng Lancang River Hydropower Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF 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 0.22 0.22 0.23 0.24 0.25

Huaneng Lancang River Hydropower Cyclically Adjusted FCF per Share Competitor Comparison

For the Utilities - Renewable subindustry, Huaneng Lancang River Hydropower'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.


Huaneng Lancang River Hydropower Cyclically Adjusted Price-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Lancang River Hydropower's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Huaneng Lancang River Hydropower's Cyclically Adjusted Price-to-FCF falls into.


SHSE:600025
82GF Score
Huaneng Lancang River Hydropower Inc SHSE:600025
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huaneng Lancang River Hydropower Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow 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 FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Huaneng Lancang River Hydropower's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.045/116.3033*116.3033
=0.045

Current CPI (Mar. 2026) = 116.3033.

Huaneng Lancang River Hydropower Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.045 101.400 -0.052
201609 -0.003 102.400 -0.003
201612 -0.018 102.600 -0.020
201703 -0.046 103.200 -0.052
201706 0.015 103.100 0.017
201709 0.084 104.100 0.094
201712 -0.021 104.500 -0.023
201803 0.045 105.300 0.050
201806 0.004 104.900 0.004
201809 0.116 106.600 0.127
201812 0.023 106.500 0.025
201903 0.131 107.700 0.141
201906 0.159 107.700 0.172
201909 0.221 109.800 0.234
201912 0.149 111.200 0.156
202003 0.115 112.300 0.119
202006 0.170 110.400 0.179
202009 0.171 111.700 0.178
202012 0.122 111.500 0.127
202103 0.119 112.662 0.123
202106 0.290 111.769 0.302
202109 0.193 112.215 0.200
202112 -0.001 113.108 -0.001
202203 0.075 114.335 0.076
202206 0.244 114.558 0.248
202209 0.144 115.339 0.145
202212 -0.045 115.116 -0.045
202303 0.020 115.116 0.020
202306 -0.027 114.558 -0.027
202309 0.076 115.339 0.077
202312 -0.138 114.781 -0.140
202403 -0.006 115.227 -0.006
202406 0.030 114.781 0.030
202409 0.136 115.785 0.137
202412 -0.315 114.893 -0.319
202503 -0.011 115.116 -0.011
202506 0.117 114.907 0.118
202509 0.162 115.471 0.163
202512 -0.132 115.832 -0.133
202603 0.045 116.303 0.045

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ¥0.25 mean?
Huaneng Lancang River Hydropower (SHSE:600025) has a Cyclically Adjusted FCF per Share of ¥0.25 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Huaneng Lancang River Hydropower and its competitors.
Is Huaneng Lancang River Hydropower's Cyclically Adjusted FCF per Share too high?
Huaneng Lancang River Hydropower's current Cyclically Adjusted FCF per Share is ¥0.25. Overall, Huaneng Lancang River Hydropower has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huaneng Lancang River Hydropower's Cyclically Adjusted FCF per Share compare to competitors?
Huaneng Lancang River Hydropower's Cyclically Adjusted FCF per Share of ¥0.25 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Utilities - Independent Power Producers company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Independent Power Producers industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Huaneng Lancang River Hydropower and its competitors. Huaneng Lancang River Hydropower's current Cyclically Adjusted FCF per Share is ¥0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huaneng Lancang River Hydropower stock overvalued right now?
Based on GuruFocus' analysis, Huaneng Lancang River Hydropower (SHSE:600025) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.78, compared to a current price of ¥10.04 — trading 2.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.25. Huaneng Lancang River Hydropower's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Huaneng Lancang River Hydropower (SHSE:600025), the current Cyclically Adjusted FCF per Share is ¥0.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Huaneng Lancang River Hydropower (SHSE:600025) Overvalued in 2026?

Based on GuruFocus' analysis, Huaneng Lancang River Hydropower stock appears to be overvalued. The current stock price of ¥10.04 is trading 2.7% above its estimated GF Value™ of ¥9.78. GuruFocus considers Huaneng Lancang River Hydropower to be Fairly Valued.

Key valuation signals for SHSE:600025:

  • Cyclically Adjusted FCF per Share: ¥0.25
  • GF Value™: ¥9.78 vs. price of ¥10.04 (2.7% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600025 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huaneng Lancang River Hydropower Business Description

Address No. 1 Century City Middle Road, Guandu District, Kunming, CHN, 650214
Huaneng Lancang River Hydropower Inc is engaged in the development and operation of the Lancang River and the surrounding areas of hydropower resources. The company is also engaged in the exploration of solar photovoltaic, wind power, shale gas, and other new energy construction.
82GF Score

Get the complete analysis for SHSE:600025

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥10.04
Price
¥9.78
GF Value