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Qingdao Tianneng Heavy Industries Co (SZSE:300569) Cyclically Adjusted FCF per Share : ¥-0.71 (As of Mar. 2025)


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What is Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was ¥-0.113. 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 ¥-0.71 for the trailing ten years ended in Mar. 2025.

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 (2025-04-28), Qingdao Tianneng Heavy Industries Co's current stock price is ¥4.76. Qingdao Tianneng Heavy Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ¥-0.71. Qingdao Tianneng Heavy Industries Co's Cyclically Adjusted Price-to-FCF of today is .


Qingdao Tianneng Heavy Industries Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries Co Cyclically Adjusted FCF per Share Chart

Qingdao Tianneng Heavy Industries Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.72

Qingdao Tianneng Heavy Industries Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - -0.80 -0.77 -0.72 -0.71

Competitive Comparison of Qingdao Tianneng Heavy Industries Co's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Qingdao Tianneng Heavy Industries 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.


Qingdao Tianneng Heavy Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Tianneng Heavy Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Qingdao Tianneng Heavy Industries Co's Cyclically Adjusted Price-to-FCF falls into.


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Qingdao Tianneng Heavy Industries 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, Qingdao Tianneng Heavy Industries Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.113/115.1156*115.1156
=-0.113

Current CPI (Mar. 2025) = 115.1156.

Qingdao Tianneng Heavy Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 0.016 102.200 0.018
201606 -0.105 101.400 -0.119
201609 -0.086 102.400 -0.097
201612 0.063 102.600 0.071
201703 0.008 103.200 0.009
201706 0.026 103.100 0.029
201709 -0.005 104.100 -0.006
201712 -0.485 104.500 -0.534
201803 -0.746 105.300 -0.816
201806 -0.262 104.900 -0.288
201809 -0.214 106.600 -0.231
201812 0.016 106.500 0.017
201903 0.013 107.700 0.014
201906 0.216 107.700 0.231
201909 -0.194 109.800 -0.203
201912 -0.576 111.200 -0.596
202003 -0.371 112.300 -0.380
202006 0.290 110.400 0.302
202009 -0.301 111.700 -0.310
202012 -0.254 111.500 -0.262
202103 -0.474 112.662 -0.484
202106 -0.153 111.769 -0.158
202109 -0.573 112.215 -0.588
202112 -0.097 113.108 -0.099
202203 -0.539 114.335 -0.543
202206 -0.244 114.558 -0.245
202209 -0.514 115.339 -0.513
202212 0.139 115.116 0.139
202303 -0.566 115.116 -0.566
202306 -0.202 114.558 -0.203
202309 -0.113 115.339 -0.113
202312 -0.174 114.781 -0.175
202403 0.102 115.227 0.102
202406 -0.184 114.781 -0.185
202409 0.044 115.785 0.044
202412 0.259 114.893 0.260
202503 -0.113 115.116 -0.113

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


Qingdao Tianneng Heavy Industries Co  (SZSE:300569) 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.


Qingdao Tianneng Heavy Industries Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Qingdao Tianneng Heavy Industries Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Qingdao Tianneng Heavy Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Longxiang Street, Datunhe Industrial Park, Ligezhuang Town, Shandong Province, Jiaozhou, CHN
Qingdao Tianneng Heavy Industries Co Ltd specializes in the manufacture and sale of megawatt wind turbine towers and related products. Its other business activities include chemical production equipment manufacturing, photovoltaic power generation, biomass energy generation and electric energy sales. In addition, the company is engaged in biomass energy power station construction, operation and maintenance. The products are sold to more than 20 provinces, municipalities and autonomous regions in China and foreign markets such as Italy, the United States, Iran and other countries.
Executives
Zhao Bo Executives
Yu Fu Hai Supervisors
Zhang Shi Qi Director
Hu Peng Peng Executives
Song De Hai Directors, executives
Liu Ping Executives
Fang Rui Zheng Directors, executives

Qingdao Tianneng Heavy Industries Co Headlines

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