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Huafon Microfibre (Shanghai) Co (SZSE:300180) Cyclically Adjusted Revenue per Share : ¥2.49 (As of Mar. 2024)


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What is Huafon Microfibre (Shanghai) 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.

Huafon Microfibre (Shanghai) Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.678. 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 ¥2.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huafon Microfibre (Shanghai) Co's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% 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 Huafon Microfibre (Shanghai) Co was 11.00% per year. The lowest was 10.90% per year. And the median was 10.95% per year.

As of today (2024-05-23), Huafon Microfibre (Shanghai) Co's current stock price is ¥4.17. Huafon Microfibre (Shanghai) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.49. Huafon Microfibre (Shanghai) Co's Cyclically Adjusted PS Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Huafon Microfibre (Shanghai) Co was 10.19. The lowest was 1.23. And the median was 2.58.


Huafon Microfibre (Shanghai) Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Huafon Microfibre (Shanghai) 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.

Huafon Microfibre (Shanghai) Co Cyclically Adjusted Revenue per Share Chart

Huafon Microfibre (Shanghai) 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 1.64 1.78 2.03 2.24 2.43

Huafon Microfibre (Shanghai) 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 2.28 2.33 2.39 2.43 2.49

Competitive Comparison of Huafon Microfibre (Shanghai) Co's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Huafon Microfibre (Shanghai) 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.


Huafon Microfibre (Shanghai) Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huafon Microfibre (Shanghai) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Huafon Microfibre (Shanghai) Co's Cyclically Adjusted PS Ratio falls into.



Huafon Microfibre (Shanghai) 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, Huafon Microfibre (Shanghai) 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)
=0.678/115.2271*115.2271
=0.678

Current CPI (Mar. 2024) = 115.2271.

Huafon Microfibre (Shanghai) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.242 98.200 0.284
201409 0.205 98.900 0.239
201412 0.238 99.000 0.277
201503 0.232 99.900 0.268
201506 0.303 99.500 0.351
201509 0.253 100.500 0.290
201512 0.251 100.600 0.287
201603 0.200 102.200 0.225
201606 0.278 101.400 0.316
201609 0.219 102.400 0.246
201612 0.368 102.600 0.413
201703 0.363 103.200 0.405
201706 0.277 103.100 0.310
201709 0.447 104.100 0.495
201712 0.732 104.500 0.807
201803 0.427 105.300 0.467
201806 0.459 104.900 0.504
201809 0.424 106.600 0.458
201812 0.385 106.500 0.417
201903 0.531 107.700 0.568
201906 0.408 107.700 0.437
201909 0.432 109.800 0.453
201912 5.380 111.200 5.575
202003 0.325 112.300 0.333
202006 0.364 110.400 0.380
202009 0.541 111.700 0.558
202012 0.690 111.500 0.713
202103 0.589 112.662 0.602
202106 0.535 111.769 0.552
202109 0.673 112.215 0.691
202112 0.976 113.108 0.994
202203 0.788 114.335 0.794
202206 0.492 114.558 0.495
202209 0.657 115.339 0.656
202212 0.507 115.116 0.507
202303 0.561 115.116 0.562
202306 0.886 114.558 0.891
202309 0.688 115.339 0.687
202312 0.700 114.781 0.703
202403 0.678 115.227 0.678

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


Huafon Microfibre (Shanghai) Co  (SZSE:300180) 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.

Huafon Microfibre (Shanghai) Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.17/2.49
=1.67

* 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 Huafon Microfibre (Shanghai) Co was 10.19. The lowest was 1.23. And the median was 2.58.


Be Aware

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


Huafon Microfibre (Shanghai) Co Cyclically Adjusted Revenue per Share Related Terms

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Huafon Microfibre (Shanghai) Co (SZSE:300180) Business Description

Traded in Other Exchanges
N/A
Address
888 South Tingwei Road, Jinshan District, Shanghai, CHN, 201508
Huafon Microfibre (Shanghai) Co Ltd is engaged in the development, manufacture, and marketing of microfibre leather. Its main products include PU resin, bundle superfine fibre, non-woven fabric, coagulation, coating, and dyeing. Geographically the activities are carried out through China.

Huafon Microfibre (Shanghai) Co (SZSE:300180) Headlines

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