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ZheJiang Jasan Holding Group Co (SHSE:603558) Cyclically Adjusted FCF per Share : ¥-0.16 (As of Sep. 2024)


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What is ZheJiang Jasan Holding Group Co Cyclically Adjusted FCF 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 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.

ZheJiang Jasan Holding Group Co's adjusted free cash flow per share for the three months ended in Sep. 2024 was ¥0.058. 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 ¥-0.16 for the trailing ten years ended in Sep. 2024.

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.

As of today (2025-01-18), ZheJiang Jasan Holding Group Co's current stock price is ¥11.34. ZheJiang Jasan Holding Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ¥-0.16. ZheJiang Jasan Holding Group Co's Cyclically Adjusted Price-to-FCF of today is .


ZheJiang Jasan Holding Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ZheJiang Jasan Holding Group 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.

* Premium members only.

ZheJiang Jasan Holding Group Co Cyclically Adjusted FCF per Share Chart

ZheJiang Jasan Holding Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.27 -0.16

ZheJiang Jasan Holding Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.15 -0.16 -0.13 -0.15 -0.16

Competitive Comparison of ZheJiang Jasan Holding Group Co's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, ZheJiang Jasan Holding Group 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.


ZheJiang Jasan Holding Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ZheJiang Jasan Holding Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ZheJiang Jasan Holding Group Co's Cyclically Adjusted Price-to-FCF falls into.



ZheJiang Jasan Holding Group 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, ZheJiang Jasan Holding Group Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.058/115.7848*115.7848
=0.058

Current CPI (Sep. 2024) = 115.7848.

ZheJiang Jasan Holding Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.044 99.000 0.051
201503 -0.088 99.900 -0.102
201506 -0.250 99.500 -0.291
201509 -0.039 100.500 -0.045
201512 -0.371 100.600 -0.427
201603 0.031 102.200 0.035
201606 -0.204 101.400 -0.233
201609 -0.167 102.400 -0.189
201612 -0.701 102.600 -0.791
201703 -0.189 103.200 -0.212
201706 -0.189 103.100 -0.212
201709 -0.095 104.100 -0.106
201712 -0.146 104.500 -0.162
201803 -0.032 105.300 -0.035
201806 -0.209 104.900 -0.231
201809 0.138 106.600 0.150
201812 -0.039 106.500 -0.042
201903 -0.068 107.700 -0.073
201906 0.127 107.700 0.137
201909 0.112 109.800 0.118
201912 -0.233 111.200 -0.243
202003 0.044 112.300 0.045
202006 0.049 110.400 0.051
202009 0.231 111.700 0.239
202012 0.102 111.500 0.106
202103 -0.150 112.662 -0.154
202106 -0.237 111.769 -0.246
202109 -0.070 112.215 -0.072
202112 0.327 113.108 0.335
202203 -0.052 114.335 -0.053
202206 -0.115 114.558 -0.116
202209 0.138 115.339 0.139
202212 0.206 115.116 0.207
202303 0.182 115.116 0.183
202306 0.368 114.558 0.372
202309 0.443 115.339 0.445
202312 -0.196 114.781 -0.198
202403 0.329 115.227 0.331
202406 -0.324 114.781 -0.327
202409 0.058 115.785 0.058

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


ZheJiang Jasan Holding Group Co  (SHSE:603558) 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.


ZheJiang Jasan Holding Group Co Cyclically Adjusted FCF per Share Related Terms

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ZheJiang Jasan Holding Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.111, JinYi Road, Xiaoshan Economic and Technological Development Zone, Hangzhou, CHN, 311215
ZheJiang Jasan Holding Group Co Ltd is engaged in research, development, designing manufacturing and servicing of knitwear. It offers its products under various brands such as ADIDAS, PUMA, NEW BALANCE, FILA, TOMMY HILFIGER and others.
Executives
Zhang Mao Yi Directors, senior managers
Xu Jun Chen senior management
Hu Tian Xing Director
Li Wei Ping Director
Jiang Feng Director
Zhou Shui Ying Director

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