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Hongda Xingye Co (SZSE:002002) Cyclically Adjusted Price-to-FCF : 58.00 (As of Sep. 24, 2024)


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What is Hongda Xingye Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-24), Hongda Xingye Co's current share price is ¥0.58. Hongda Xingye Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ¥0.01. Hongda Xingye Co's Cyclically Adjusted Price-to-FCF for today is 58.00.

The historical rank and industry rank for Hongda Xingye Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002002' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 58   Med: 137   Max: 424
Current: 62.02

During the past years, Hongda Xingye Co's highest Cyclically Adjusted Price-to-FCF was 424.00. The lowest was 58.00. And the median was 137.00.

SZSE:002002's Cyclically Adjusted Price-to-FCF is not ranked
in the Chemicals industry.
Industry Median: 23.78 vs SZSE:002002: 62.02

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.

Hongda Xingye Co's adjusted free cash flow per share data for the three months ended in Sep. 2023 was ¥0.001. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.01 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hongda Xingye Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hongda Xingye Co'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.

* Premium members only.

Hongda Xingye Co Cyclically Adjusted Price-to-FCF Chart

Hongda Xingye Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Hongda Xingye Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Price-to-FCF 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 - - - - 197.82

Competitive Comparison of Hongda Xingye Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Hongda Xingye 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.


Hongda Xingye Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hongda Xingye Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hongda Xingye Co's Cyclically Adjusted Price-to-FCF falls into.



Hongda Xingye Co 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.

Hongda Xingye Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.58/0.01
=58.00

* 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.

Hongda Xingye Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Hongda Xingye Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.001/115.3387*115.3387
=0.001

Current CPI (Sep. 2023) = 115.3387.

Hongda Xingye Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.213 97.624 -0.252
201403 -0.106 98.600 -0.124
201406 -0.128 98.200 -0.150
201409 -0.095 98.900 -0.111
201412 0.059 99.000 0.069
201503 -0.114 99.900 -0.132
201506 0.062 99.500 0.072
201509 -0.071 100.500 -0.081
201512 0.063 100.600 0.072
201603 0.107 102.200 0.121
201606 -0.162 101.400 -0.184
201609 0.004 102.400 0.005
201612 0.276 102.600 0.310
201703 -0.009 103.200 -0.010
201706 0.011 103.100 0.012
201709 0.096 104.100 0.106
201712 0.172 104.500 0.190
201803 0.014 105.300 0.015
201806 0.167 104.900 0.184
201809 0.080 106.600 0.087
201812 0.289 106.500 0.313
201903 0.255 107.700 0.273
201906 -0.045 107.700 -0.048
201909 0.171 109.800 0.180
201912 -0.290 111.200 -0.301
202003 -0.488 112.300 -0.501
202006 -0.009 110.400 -0.009
202009 0.029 111.700 0.030
202012 0.068 111.500 0.070
202103 -0.033 112.662 -0.034
202106 0.001 111.769 0.001
202109 0.007 112.215 0.007
202112 -0.076 113.108 -0.077
202203 0.000 114.335 0.000
202206 0.002 114.558 0.002
202209 -0.006 115.339 -0.006
202212 -0.012 115.116 -0.012
202303 0.000 115.116 0.000
202306 0.000 114.558 0.000
202309 0.001 115.339 0.001

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.


Hongda Xingye Co  (SZSE:002002) 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.


Hongda Xingye Co Cyclically Adjusted Price-to-FCF Related Terms

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Hongda Xingye Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Guangzhou Circle Road, Guangzhou Circle, 28th Floor, Guangzhou, CHN, 510385
Hongda Xingye Co Ltd is a Chinese chemical resource company. It is engaged in the manufacture and sale of chemical products. The business areas of the company are New materials, Environmental protection, and Electronic trading. It offers products like soil conditioner, desulfurizer; environmental modification engineering services such as soil remediation, desulfuration, and denitration; PVC new materials like PVC, modified PVC, PVC building formwork, PVC pharmaceutical packaging material, PVC ecological houses; rare earth new materials such as rare earth heat stabilizer and rare earth catalyst. In addition, the company also provide services of the business to business e-commerce, comprehensive logistics, technical support for large spot industrial raw materials.
Executives
Chen Yong Supervisors
Liao Rui Hao Independent director
Zhou Yi Feng Directors, executives
Lin Shao Han Secretary, Director
Liu Dong Sheng Independent director
Wang Yu Yue Directors, executives
Yu Jing Securities Affairs Representative
Huang Ze Jun Executives
Ni Bao Zhu Executives
Fan Yu Ren Director

Hongda Xingye Co Headlines

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