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Hainan Mining Co (SHSE:601969) Cyclically Adjusted Revenue per Share : ¥1.69 (As of Sep. 2024)


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What is Hainan Mining 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.

Hainan Mining Co's adjusted revenue per share for the three months ended in Sep. 2024 was ¥0.539. 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 ¥1.69 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hainan Mining Co's average Cyclically Adjusted Revenue Growth Rate was 5.00% 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.

As of today (2024-12-11), Hainan Mining Co's current stock price is ¥7.60. Hainan Mining Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥1.69. Hainan Mining Co's Cyclically Adjusted PS Ratio of today is 4.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hainan Mining Co was 5.79. The lowest was 3.23. And the median was 4.26.


Hainan Mining Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hainan Mining 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.

Hainan Mining Co Cyclically Adjusted Revenue per Share Chart

Hainan Mining 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 - - - 1.55 1.60

Hainan Mining Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.61 1.60 1.63 1.65 1.69

Competitive Comparison of Hainan Mining Co's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Hainan Mining 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.


Hainan Mining Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hainan Mining Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hainan Mining Co's Cyclically Adjusted PS Ratio falls into.



Hainan Mining 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, Hainan Mining Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.539/115.7848*115.7848
=0.539

Current CPI (Sep. 2024) = 115.7848.

Hainan Mining Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.246 99.000 0.288
201503 0.178 99.900 0.206
201506 0.099 99.500 0.115
201509 0.090 100.500 0.104
201512 0.343 100.600 0.395
201603 0.066 102.200 0.075
201606 0.124 101.400 0.142
201609 0.137 102.400 0.155
201612 0.155 102.600 0.175
201703 0.253 103.200 0.284
201706 0.414 103.100 0.465
201709 0.395 104.100 0.439
201712 0.437 104.500 0.484
201803 0.259 105.300 0.285
201806 0.717 104.900 0.791
201809 0.299 106.600 0.325
201812 0.267 106.500 0.290
201903 0.471 107.700 0.506
201906 0.595 107.700 0.640
201909 0.360 109.800 0.380
201912 0.386 111.200 0.402
202003 0.323 112.300 0.333
202006 0.258 110.400 0.271
202009 0.326 111.700 0.338
202012 0.424 111.500 0.440
202103 0.394 112.662 0.405
202106 0.673 111.769 0.697
202109 0.583 112.215 0.602
202112 0.448 113.108 0.459
202203 0.574 114.335 0.581
202206 0.824 114.558 0.833
202209 0.522 115.339 0.524
202212 0.466 115.116 0.469
202303 0.606 115.116 0.610
202306 0.585 114.558 0.591
202309 0.660 115.339 0.663
202312 0.473 114.781 0.477
202403 0.538 115.227 0.541
202406 0.548 114.781 0.553
202409 0.539 115.785 0.539

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


Hainan Mining Co  (SHSE:601969) 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.

Hainan Mining Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.60/1.69
=4.50

* 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 Hainan Mining Co was 5.79. The lowest was 3.23. And the median was 4.26.


Be Aware

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


Hainan Mining Co Cyclically Adjusted Revenue per Share Related Terms

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


Hainan Mining Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Changjiang Li Autonomous County, Hainan Shilu, CHN
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.

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