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Jiangsu Yinhe Electronics Co (SZSE:002519) Cyclically Adjusted FCF per Share : ¥0.12 (As of Mar. 2024)


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What is Jiangsu Yinhe Electronics 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.

Jiangsu Yinhe Electronics Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.081. 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 ¥0.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jiangsu Yinhe Electronics Co's average Cyclically Adjusted FCF Growth Rate was 71.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 40.10% 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 Jiangsu Yinhe Electronics Co was 40.10% per year. The lowest was 40.10% per year. And the median was 40.10% per year.

As of today (2024-06-10), Jiangsu Yinhe Electronics Co's current stock price is ¥5.08. Jiangsu Yinhe Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.12. Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF of today is 42.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jiangsu Yinhe Electronics Co was 258.50. The lowest was 36.91. And the median was 72.50.


Jiangsu Yinhe Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jiangsu Yinhe Electronics 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.

Jiangsu Yinhe Electronics Co Cyclically Adjusted FCF per Share Chart

Jiangsu Yinhe Electronics 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 - 0.04 0.08 0.05 0.11

Jiangsu Yinhe Electronics 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 0.07 0.05 0.09 0.11 0.12

Competitive Comparison of Jiangsu Yinhe Electronics Co's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Jiangsu Yinhe Electronics 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.


Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Yinhe Electronics 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, Jiangsu Yinhe Electronics 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)
=-0.081/115.2271*115.2271
=-0.081

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Yinhe Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.120 98.200 0.141
201409 -0.032 98.900 -0.037
201412 0.402 99.000 0.468
201503 -0.015 99.900 -0.017
201506 0.088 99.500 0.102
201509 -0.033 100.500 -0.038
201512 -0.003 100.600 -0.003
201603 -0.037 102.200 -0.042
201606 0.142 101.400 0.161
201609 -0.146 102.400 -0.164
201612 0.098 102.600 0.110
201703 -0.045 103.200 -0.050
201706 -0.029 103.100 -0.032
201709 -0.079 104.100 -0.087
201712 0.039 104.500 0.043
201803 -0.050 105.300 -0.055
201806 -0.058 104.900 -0.064
201809 -0.031 106.600 -0.034
201812 0.020 106.500 0.022
201903 -0.075 107.700 -0.080
201906 0.135 107.700 0.144
201909 0.010 109.800 0.010
201912 0.019 111.200 0.020
202003 0.130 112.300 0.133
202006 0.009 110.400 0.009
202009 -0.059 111.700 -0.061
202012 0.211 111.500 0.218
202103 -0.033 112.662 -0.034
202106 -0.027 111.769 -0.028
202109 -0.159 112.215 -0.163
202112 0.049 113.108 0.050
202203 -0.040 114.335 -0.040
202206 -0.020 114.558 -0.020
202209 -0.093 115.339 -0.093
202212 0.184 115.116 0.184
202303 -0.026 115.116 -0.026
202306 -0.036 114.558 -0.036
202309 0.339 115.339 0.339
202312 0.298 114.781 0.299
202403 -0.081 115.227 -0.081

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


Jiangsu Yinhe Electronics Co  (SZSE:002519) 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.

Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.08/0.12
=42.33

* 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 Jiangsu Yinhe Electronics Co was 258.50. The lowest was 36.91. And the median was 72.50.


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.


Jiangsu Yinhe Electronics Co Cyclically Adjusted FCF per Share Related Terms

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Jiangsu Yinhe Electronics Co (SZSE:002519) Business Description

Traded in Other Exchanges
N/A
Address
No. 188 NanHuan Road, TangQiao Town, ZhangJiaGang City, JiangSu Province, CHN, 215611
Jiangsu Yinhe Electronics Co Ltd engages in the military, new energy vehicle, and precision sheet metal businesses in China and internationally. The company offers new-energy electric vehicle (EV) products, including intelligent chargers for electric cars; electric scroll compressors; and precision sheet metal products, including power battery boxes for EVs, solar power inverters, high/low voltage transmission and distribution equipment.
Executives
Wu Jian Ming Directors, executives
Xu Min Executives
Wu Gang Directors, executives
Lin Chao Director
Zhang Jia Tao Supervisors
Zhang Jia Shu Executives
Zhang Yong Jun Independent director
Wang Chun Ya Supervisors
Zhang Hong Directors, executives
Xu Ge Securities Affairs Representative
Pang Ying Director
Xue Li Jun Directors, executives
Zhang Shu Hua Supervisors
Li Xin Executives
Bai Xiao Min Director

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