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China Success Finance Group Holdings (HKSE:03623) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is China Success Finance Group Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Success Finance Group Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Success Finance Group Holdings's Cyclically Adjusted Price-to-FCF 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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China Success Finance Group Holdings Cyclically Adjusted Price-to-FCF Chart

China Success Finance Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Success Finance Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of China Success Finance Group Holdings's Cyclically Adjusted Price-to-FCF

For the Financial Conglomerates subindustry, China Success Finance Group Holdings'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.


China Success Finance Group Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Success Finance Group Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Success Finance Group Holdings's Cyclically Adjusted Price-to-FCF falls into.



China Success Finance Group Holdings Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

China Success Finance Group Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Success Finance Group Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.016/117.2957*117.2957
=0.016

Current CPI (Dec23) = 117.2957.

China Success Finance Group Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.584 99.707 -0.687
201512 -0.287 102.015 -0.330
201612 -0.255 103.225 -0.290
201712 -0.247 104.984 -0.276
201812 0.194 107.622 0.211
201912 -0.083 110.700 -0.088
202012 -0.255 109.711 -0.273
202112 -0.239 112.349 -0.250
202212 -0.053 114.548 -0.054
202312 0.016 117.296 0.016

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


China Success Finance Group Holdings  (HKSE:03623) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


China Success Finance Group Holdings Cyclically Adjusted Price-to-FCF Related Terms

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China Success Finance Group Holdings (HKSE:03623) Business Description

Traded in Other Exchanges
N/A
Address
28 Queen’s Road East, 604 6th Floor, Tesbury Centre, Wanchai, Hong Kong, HKG
China Success Finance Group Holdings Ltd is an investment holding company. It is a guaranteed service provider offering financial and non-financial guarantee services, financial leasing, and financial consultancy services in China. The company's diversified business lines include asset management, fund management, investment and mergers and acquisitions, financial leasing, financing guarantee, overseas investment Capital, real estate finance, and microfinance The group operates two business segments: Financial services and Yangmianshan. The main business of Yangmianshan is sales of market hogs in the PRC business. The business operations of the company are carried out principally in the PRC.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
China Construction Bank Corporation 2201 Interest of corporation controlled by you
Pang Haoquan 2401 A concert party to an agreement to buy shares
Xu Kaiying 2401 A concert party to an agreement to buy shares
Zhang Tiewei 2201 Interest of corporation controlled by you
Expert Depot Limited 2101 Beneficial owner
Novel Heritage Limited 2101 Beneficial owner
Bliss Success Investments Limited 2101 Beneficial owner
Chen Guoxian 2401 A concert party to an agreement to buy shares
He Darong
Bliss Success Investments Limited 2101 Beneficial owner

China Success Finance Group Holdings (HKSE:03623) Headlines

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