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Harbin Hatou Investment Co (SHSE:600864) Cyclically Adjusted Revenue per Share : ¥1.70 (As of Mar. 2024)


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What is Harbin Hatou Investment Co 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.

Harbin Hatou Investment Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.486. 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 ¥1.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Harbin Hatou Investment Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Harbin Hatou Investment Co was 13.10% per year. The lowest was -2.40% per year. And the median was 8.80% per year.

As of today (2024-05-01), Harbin Hatou Investment Co's current stock price is ¥5.27. Harbin Hatou Investment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.70. Harbin Hatou Investment Co's Cyclically Adjusted PS Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Harbin Hatou Investment Co was 13.93. The lowest was 1.60. And the median was 3.71.


Harbin Hatou Investment Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Harbin Hatou Investment Co'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.

Harbin Hatou Investment Co Cyclically Adjusted Revenue per Share Chart

Harbin Hatou Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.99 1.93 1.87 1.74

Harbin Hatou Investment 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 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 Premium Member Only 1.84 1.80 1.81 1.74 1.70

Competitive Comparison of Harbin Hatou Investment Co's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, Harbin Hatou Investment Co'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.


Harbin Hatou Investment Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Harbin Hatou Investment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Harbin Hatou Investment Co's Cyclically Adjusted PS Ratio falls into.



Harbin Hatou Investment Co 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, Harbin Hatou Investment Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.486/114.6694*114.6694
=0.486

Current CPI (Mar. 2024) = 114.6694.

Harbin Hatou Investment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.396 98.200 0.462
201409 0.230 98.900 0.267
201412 0.752 99.000 0.871
201503 0.768 99.900 0.882
201506 0.412 99.500 0.475
201509 0.580 100.500 0.662
201512 0.880 100.600 1.003
201603 0.706 102.200 0.792
201606 0.506 101.400 0.572
201609 0.317 102.400 0.355
201612 0.478 102.600 0.534
201703 0.352 103.200 0.391
201706 0.254 103.100 0.283
201709 0.199 104.100 0.219
201712 0.418 104.500 0.459
201803 0.382 105.300 0.416
201806 0.264 104.900 0.289
201809 0.196 106.600 0.211
201812 0.569 106.500 0.613
201903 0.416 107.700 0.443
201906 0.355 107.700 0.378
201909 0.229 109.800 0.239
201912 0.455 111.200 0.469
202003 0.473 112.300 0.483
202006 0.264 110.400 0.274
202009 0.226 111.700 0.232
202012 0.487 111.500 0.501
202103 0.408 112.662 0.415
202106 0.318 111.769 0.326
202109 0.212 112.215 0.217
202112 0.395 113.108 0.400
202203 0.429 114.335 0.430
202206 0.240 114.558 0.240
202209 0.148 115.339 0.147
202212 0.360 115.116 0.359
202303 0.484 115.116 0.482
202306 0.232 114.558 0.232
202309 0.169 115.339 0.168
202312 0.327 114.669 0.327
202403 0.486 114.669 0.486

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


Harbin Hatou Investment Co  (SHSE:600864) 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.

Harbin Hatou Investment Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.27/1.7
=3.10

* 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 PS Ratio of Harbin Hatou Investment Co was 13.93. The lowest was 1.60. And the median was 3.71.


Be Aware

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


Harbin Hatou Investment Co Cyclically Adjusted Revenue per Share Related Terms

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


Harbin Hatou Investment Co (SHSE:600864) Business Description

Traded in Other Exchanges
N/A
Address
No.27, Longshun Street, Kunlun Mall, Nangang District, Heilongjiang Province, Harbin, CHN, 150028
Website
Harbin Hatou Investment Co Ltd is engaged in the generation and supply of heat and electric power using coal. The Company is also engaged in forest harvesting, timber distribution and real estate development.

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