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Sinohope Technology Holdings (HKSE:01611) Cyclically Adjusted Revenue per Share : HK$5.00 (As of Sep. 2023)


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What is Sinohope Technology Holdings Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Sinohope Technology Holdings's adjusted revenue per share data for the fiscal year that ended in Sep. 2023 was HK$9.066. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is HK$5.00 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Sinohope Technology Holdings's average Cyclically Adjusted Revenue Growth Rate was 19.60% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-20), Sinohope Technology Holdings's current stock price is HK$ 2.31. Sinohope Technology Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep. 2023 was HK$5.00. Sinohope Technology Holdings's Cyclically Adjusted PS Ratio of today is 0.46.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Sinohope Technology Holdings was 0.98. The lowest was 0.32. And the median was 0.55.


Sinohope Technology Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sinohope Technology Holdings's Cyclically Adjusted Revenue 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.

Sinohope Technology Holdings Cyclically Adjusted Revenue per Share Chart

Sinohope Technology Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.18 5.00

Sinohope Technology Holdings Semi-Annual Data
Sep13 Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted Revenue 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 - - 4.18 - 5.00

Competitive Comparison of Sinohope Technology Holdings's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Sinohope Technology Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Sinohope Technology Holdings's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sinohope Technology Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sinohope Technology Holdings's Cyclically Adjusted PS Ratio falls into.



Sinohope Technology Holdings Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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, Sinohope Technology Holdings's adjusted Revenue per Share data for the fiscal year that ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=9.066/116.0865*116.0865
=9.066

Current CPI (Sep. 2023) = 116.0865.

Sinohope Technology Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.411 97.948 1.672
201509 1.382 99.927 1.605
201609 0.963 102.565 1.090
201709 1.052 103.994 1.174
201809 1.150 106.852 1.249
201909 1.022 110.260 1.076
202009 0.905 107.512 0.977
202109 1.975 109.051 2.102
202209 29.388 113.778 29.984
202309 9.066 116.087 9.066

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Sinohope Technology Holdings  (HKSE:01611) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Sinohope Technology Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.31/5
=0.46

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Sinohope Technology Holdings was 0.98. The lowest was 0.32. And the median was 0.55.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Sinohope Technology Holdings Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Sinohope Technology Holdings's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sinohope Technology Holdings (HKSE:01611) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 Queen's Road Central, 6th Floor, 7th Floor, Unit 702-3, Central, Hong Kong, HKG
Sinohope Technology Holdings Ltd Formerly New Huo Technology Holdings Ltd is a digital asset and blockchain specialist company. The Company is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a variety of services in virtual asset ecosystem, such as asset management, trust and custodian business, cryptocurrency trading, and contract manufacturing, on electronic manufacturing services basis, of a wide range of power-related and electrical/electronic products. The company operates in three reportable segments; Virtual asset ecosystem; Provision of technology solution services and Contract manufacturing. The majority of revenue is derived from the Virtual asset ecosystem Segment.
Executives
Avenir Holdings Limited 2101 Beneficial owner
Avenir Investment Limited 2101 Beneficial owner
Shen Nan Peng 2201 Interest of corporation controlled by you
Snp China Enterprises Limited 2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p. 2201 Interest of corporation controlled by you
Hsg Cv Iv Senior Holdco, Ltd. 2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd. 2101 Beneficial owner
Hongshan Capital Venture Fund Iv, L.p. 2201 Interest of corporation controlled by you
Hsg Holding Limited 2201 Interest of corporation controlled by you
Avenir Capital Inc. 2101 Beneficial owner
Li Lin 2201 Interest of corporation controlled by you
Du Jun 2101 Beneficial owner
Avenir Cayman Holding Limited 2101 Beneficial owner
On Chain Technology Limited 2101 Beneficial owner
Zhong Gengfa 2101 Beneficial owner

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