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Guangdong Chaohua Technology Co (SZSE:002288) Cyclically Adjusted FCF per Share : ¥-0.02 (As of Mar. 2024)


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What is Guangdong Chaohua Technology 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.

Guangdong Chaohua Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.008. 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 ¥-0.02 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 37.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.60% 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 Guangdong Chaohua Technology Co was 37.00% per year. The lowest was 7.70% per year. And the median was 16.85% per year.

As of today (2024-06-24), Guangdong Chaohua Technology Co's current stock price is ¥0.39. Guangdong Chaohua Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.02. Guangdong Chaohua Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Guangdong Chaohua Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guangdong Chaohua Technology 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.

Guangdong Chaohua Technology Co Cyclically Adjusted FCF per Share Chart

Guangdong Chaohua Technology 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 -0.14 -0.12 -0.11 -0.06 -0.03

Guangdong Chaohua Technology 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 -0.05 -0.02 -0.01 -0.03 -0.02

Competitive Comparison of Guangdong Chaohua Technology Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Guangdong Chaohua Technology 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.


Guangdong Chaohua Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Chaohua Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangdong Chaohua Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Guangdong Chaohua Technology 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, Guangdong Chaohua Technology 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)
=0.008/115.2271*115.2271
=0.008

Current CPI (Mar. 2024) = 115.2271.

Guangdong Chaohua Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.013 98.200 -0.015
201409 -0.077 98.900 -0.090
201412 0.007 99.000 0.008
201503 -0.020 99.900 -0.023
201506 0.019 99.500 0.022
201509 -0.077 100.500 -0.088
201512 0.012 100.600 0.014
201603 0.005 102.200 0.006
201606 -0.008 101.400 -0.009
201609 -0.005 102.400 -0.006
201612 0.074 102.600 0.083
201703 -0.117 103.200 -0.131
201706 -0.015 103.100 -0.017
201709 -0.035 104.100 -0.039
201712 0.013 104.500 0.014
201803 0.024 105.300 0.026
201806 -0.038 104.900 -0.042
201809 0.024 106.600 0.026
201812 0.095 106.500 0.103
201903 -0.027 107.700 -0.029
201906 -0.001 107.700 -0.001
201909 -0.130 109.800 -0.136
201912 -0.134 111.200 -0.139
202003 0.008 112.300 0.008
202006 -0.048 110.400 -0.050
202009 -0.056 111.700 -0.058
202012 0.029 111.500 0.030
202103 0.038 112.662 0.039
202106 0.055 111.769 0.057
202109 -0.004 112.215 -0.004
202112 -0.057 113.108 -0.058
202203 0.034 114.335 0.034
202206 0.014 114.558 0.014
202209 0.069 115.339 0.069
202212 -0.009 115.116 -0.009
202303 0.049 115.116 0.049
202306 0.271 114.558 0.273
202309 0.038 115.339 0.038
202312 -0.201 114.781 -0.202
202403 0.008 115.227 0.008

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


Guangdong Chaohua Technology Co  (SZSE:002288) 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.


Guangdong Chaohua Technology Co Cyclically Adjusted FCF per Share Related Terms

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Guangdong Chaohua Technology Co (SZSE:002288) Business Description

Traded in Other Exchanges
N/A
Address
Chaohua Industrial Park, Yanyang, Meixian, Meizhou, Guangdong, CHN
Guangdong Chaohua Technology Co Ltd is engaged in manufacturing printed circuit solutions in China. The activities of the company include research, development, production, and sales of electronic copper foil, copper clad laminates, electronic substrates, and printed circuit boards.
Executives
Liang Wei Directors, executives
Wen Dai Jun Director
Fan Zhuo Directors, Directors, and Executives
Liang Hong Directors, executives
Wang Xu Dong Directors, executives
Liang Jian Feng Directors, executives
Wen Wei Jing Independent director
Yang Zhong Yan Supervisors
Wang Yong Qiang Directors, executives
Liang Jun Feng Director
Liang Zao Sheng Director
Zhou Pei Jun Directors, executives

Guangdong Chaohua Technology Co (SZSE:002288) Headlines

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