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Anhui Huamao Textile Co (SZSE:000850) Cyclically Adjusted FCF per Share : ¥-0.08 (As of Mar. 2024)


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What is Anhui Huamao Textile 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.

Anhui Huamao Textile Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.135. 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 ¥-0.08 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -4.00% 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 Anhui Huamao Textile Co was 30.70% per year. The lowest was -21.60% per year. And the median was 3.80% per year.

As of today (2024-05-16), Anhui Huamao Textile Co's current stock price is ¥3.47. Anhui Huamao Textile Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.08. Anhui Huamao Textile Co's Cyclically Adjusted Price-to-FCF of today is .


Anhui Huamao Textile Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Anhui Huamao Textile 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.

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Anhui Huamao Textile Co Cyclically Adjusted FCF per Share Chart

Anhui Huamao Textile 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 -0.09 -0.06 -0.03 -0.11 -0.09

Anhui Huamao Textile Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.12 -0.08 -0.05 -0.09 -0.08

Competitive Comparison of Anhui Huamao Textile Co's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Anhui Huamao Textile 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.


Anhui Huamao Textile Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Anhui Huamao Textile Co's Cyclically Adjusted Price-to-FCF falls into.



Anhui Huamao Textile 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, Anhui Huamao Textile Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.135/114.6694*114.6694
=-0.135

Current CPI (Mar. 2024) = 114.6694.

Anhui Huamao Textile Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.150 98.200 0.175
201409 -0.076 98.900 -0.088
201412 -0.174 99.000 -0.202
201503 -0.078 99.900 -0.090
201506 0.446 99.500 0.514
201509 -0.353 100.500 -0.403
201512 0.093 100.600 0.106
201603 0.031 102.200 0.035
201606 0.026 101.400 0.029
201609 0.051 102.400 0.057
201612 -0.059 102.600 -0.066
201703 -0.045 103.200 -0.050
201706 -0.006 103.100 -0.007
201709 -0.030 104.100 -0.033
201712 -0.206 104.500 -0.226
201803 -0.219 105.300 -0.238
201806 -0.081 104.900 -0.089
201809 0.139 106.600 0.150
201812 -0.240 106.500 -0.258
201903 -0.114 107.700 -0.121
201906 -0.079 107.700 -0.084
201909 -0.048 109.800 -0.050
201912 0.292 111.200 0.301
202003 -0.029 112.300 -0.030
202006 0.269 110.400 0.279
202009 0.132 111.700 0.136
202012 -0.176 111.500 -0.181
202103 -0.016 112.662 -0.016
202106 0.110 111.769 0.113
202109 0.150 112.215 0.153
202112 -0.253 113.108 -0.256
202203 0.000 114.335 0.000
202206 -0.203 114.558 -0.203
202209 0.083 115.339 0.083
202212 -0.124 115.116 -0.124
202303 0.083 115.116 0.083
202306 0.184 114.558 0.184
202309 0.043 115.339 0.043
202312 -0.295 114.669 -0.295
202403 -0.135 114.669 -0.135

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


Anhui Huamao Textile Co  (SZSE:000850) 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.


Anhui Huamao Textile Co Cyclically Adjusted FCF per Share Related Terms

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Anhui Huamao Textile Co (SZSE:000850) Business Description

Traded in Other Exchanges
N/A
Address
No. 80, South Textile Road, Anhui, Anqing, CHN, 246018
Anhui Huamao Textile Co Ltd is mainly engaged in the production and distribution of cotton yarn, blended yarn, spandex core yarn line, singeing mercerized dyed yarn, and jacquard fabrics in China.

Anhui Huamao Textile Co (SZSE:000850) Headlines

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