Hangzhou Silan Microelectronics Co (SHSE:600460) Cyclically Adjusted FCF per Share: ¥-0.49 (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:600460 Hangzhou Silan Microelectronics Co Ltd SHSE:600460
88 GF Score
Price ¥27.77
GF Value ¥34.23
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hangzhou Silan Microelectronics Co Cyclically Adjusted FCF per Share?

Hangzhou Silan Microelectronics Co SHSE:600460 -7.12% 88 Cyclically Adjusted FCF per Share is ¥-0.49 as of Mar. 2026. GuruFocus rates SHSE:600460 with a GF Score™ of 88/100 and a GF Value™ of ¥34.23 (Modestly Undervalued). 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.

Hangzhou Silan Microelectronics Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.166. 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 ¥-0.49 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -10.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -14.70% 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 Hangzhou Silan Microelectronics Co was 2.90% per year. The lowest was -26.00% per year. And the median was -9.40% per year.

As of today (2026-07-30), Hangzhou Silan Microelectronics Co's current stock price is ¥27.77. Hangzhou Silan Microelectronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥-0.49. Hangzhou Silan Microelectronics Co's Cyclically Adjusted Price-to-FCF of today is .


Hangzhou Silan Microelectronics Co  (SHSE:600460) 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.


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.


Hangzhou Silan Microelectronics Co Cyclically Adjusted FCF per Share Related Terms


Hangzhou Silan Microelectronics Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Hangzhou Silan Microelectronics Co'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.

Hangzhou Silan Microelectronics Co Cyclically Adjusted FCF per Share Chart

Hangzhou Silan Microelectronics Co 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 -0.30 -0.37 -0.44 -0.51 -0.49

Hangzhou Silan Microelectronics Co 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 -0.49 -0.52 -0.48 -0.49 -0.49

SHSE:600460 vs NVDA, AVGO, MU: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Hangzhou Silan Microelectronics Co'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.


Hangzhou Silan Microelectronics Co Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Hangzhou Silan Microelectronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hangzhou Silan Microelectronics Co's Cyclically Adjusted Price-to-FCF falls into.


SHSE:600460
88GF Score
Hangzhou Silan Microelectronics Co Ltd SHSE:600460
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou Silan Microelectronics Co 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, Hangzhou Silan Microelectronics Co'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)
=-0.166/116.3033*116.3033
=-0.166

Current CPI (Mar. 2026) = 116.3033.

Hangzhou Silan Microelectronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.095 101.400 -0.109
201609 -0.081 102.400 -0.092
201612 -0.081 102.600 -0.092
201703 -0.246 103.200 -0.277
201706 -0.139 103.100 -0.157
201709 -0.128 104.100 -0.143
201712 -0.071 104.500 -0.079
201803 -0.236 105.300 -0.261
201806 -0.212 104.900 -0.235
201809 -0.079 106.600 -0.086
201812 -0.030 106.500 -0.033
201903 -0.117 107.700 -0.126
201906 -0.129 107.700 -0.139
201909 -0.078 109.800 -0.083
201912 -0.085 111.200 -0.089
202003 -0.163 112.300 -0.169
202006 -0.099 110.400 -0.104
202009 -0.042 111.700 -0.044
202012 -0.069 111.500 -0.072
202103 -0.188 112.662 -0.194
202106 -0.020 111.769 -0.021
202109 0.054 112.215 0.056
202112 0.154 113.108 0.158
202203 -0.419 114.335 -0.426
202206 -0.335 114.558 -0.340
202209 -0.070 115.339 -0.071
202212 -0.131 115.116 -0.132
202303 -0.391 115.116 -0.395
202306 -0.263 114.558 -0.267
202309 -0.073 115.339 -0.074
202312 0.123 114.781 0.125
202403 -0.233 115.227 -0.235
202406 -0.139 114.781 -0.141
202409 -0.299 115.785 -0.300
202412 -0.049 114.893 -0.050
202503 0.037 115.116 0.037
202506 -0.247 114.907 -0.250
202509 0.258 115.471 0.260
202512 -0.132 115.832 -0.133
202603 -0.166 116.303 -0.166

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 ¥-0.49 mean?
Hangzhou Silan Microelectronics Co (SHSE:600460) has a Cyclically Adjusted FCF per Share of ¥-0.49 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 Hangzhou Silan Microelectronics Co and its competitors.
Is Hangzhou Silan Microelectronics Co's Cyclically Adjusted FCF per Share too high?
Hangzhou Silan Microelectronics Co's current Cyclically Adjusted FCF per Share is ¥-0.49. Overall, Hangzhou Silan Microelectronics Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Silan Microelectronics Co's Cyclically Adjusted FCF per Share compare to NVDA and AVGO?
Hangzhou Silan Microelectronics Co's Cyclically Adjusted FCF per Share of ¥-0.49 can be compared against companies in the Semiconductors 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 a Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors 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 Hangzhou Silan Microelectronics Co and its competitors. Hangzhou Silan Microelectronics Co's current Cyclically Adjusted FCF per Share is ¥-0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Silan Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Silan Microelectronics Co (SHSE:600460) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥34.23, compared to a current price of ¥27.77 — trading 18.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥-0.49. Hangzhou Silan Microelectronics Co's overall GF Score™ is 88/100 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 Hangzhou Silan Microelectronics Co (SHSE:600460), the current Cyclically Adjusted FCF per Share is ¥-0.49 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 Hangzhou Silan Microelectronics Co (SHSE:600460) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Silan Microelectronics Co stock appears to be undervalued. The current stock price of ¥27.77 is trading 18.9% below its estimated GF Value™ of ¥34.23. GuruFocus considers Hangzhou Silan Microelectronics Co to be Modestly Undervalued.

Key valuation signals for SHSE:600460:

  • Cyclically Adjusted FCF per Share: ¥-0.49
  • GF Value™: ¥34.23 vs. price of ¥27.77 (18.9% below fair value)
  • GF Score™: 88/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600460 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Silan Microelectronics Co Business Description

Address No. 4 Huanggushan Road, Zhejiang Province, Hangzhou, CHN, 310012
Hangzhou Silan Microelectronics Co Ltd is a China-based company principally engaged in the design, manufacture, and sale of electronic components. It is also engaged in the importing and exporting of mechanical and electrical products. The company's main products include integrated circuits, semiconductor discrete devices, and light-emitting diode (LED) products.
88GF Score

Get the complete analysis for SHSE:600460

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

¥27.77
Price
¥34.23
GF Value