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Huaneng Power International (HKSE:00902) Cyclically Adjusted Revenue per Share : HK$5.84 (As of Mar. 2024)


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What is Huaneng Power International 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.

Huaneng Power International's adjusted revenue per share for the three months ended in Mar. 2024 was HK$3.862. 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$5.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huaneng Power International's average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% 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 Huaneng Power International was 15.40% per year. The lowest was 1.60% per year. And the median was 6.00% per year.

As of today (2024-05-14), Huaneng Power International's current stock price is HK$5.32. Huaneng Power International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$5.84. Huaneng Power International's Cyclically Adjusted PS Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Huaneng Power International was 1.58. The lowest was 0.37. And the median was 0.72.


Huaneng Power International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Huaneng Power International'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.

Huaneng Power International Cyclically Adjusted Revenue per Share Chart

Huaneng Power International 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 7.52 6.59 5.71 5.68 6.36

Huaneng Power International 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 5.64 6.22 5.76 6.36 5.84

Competitive Comparison of Huaneng Power International's Cyclically Adjusted Revenue per Share

For the Utilities - Independent Power Producers subindustry, Huaneng Power International'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.


Huaneng Power International's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Huaneng Power International's Cyclically Adjusted PS Ratio falls into.



Huaneng Power International 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, Huaneng Power International'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)
=3.862/114.6694*114.6694
=3.862

Current CPI (Mar. 2024) = 114.6694.

Huaneng Power International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.112 98.200 3.634
201409 3.042 98.900 3.527
201412 2.932 99.000 3.396
201503 2.964 99.900 3.402
201506 2.697 99.500 3.108
201509 2.700 100.500 3.081
201512 2.555 100.600 2.912
201603 2.750 102.200 3.086
201606 2.243 101.400 2.537
201609 2.756 102.400 3.086
201612 2.771 102.600 3.097
201703 2.597 103.200 2.886
201706 2.551 103.100 2.837
201709 3.184 104.100 3.507
201712 2.602 104.500 2.855
201803 3.478 105.300 3.787
201806 2.752 104.900 3.008
201809 3.440 106.600 3.700
201812 2.424 106.500 2.610
201903 3.216 107.700 3.424
201906 2.570 107.700 2.736
201909 2.777 109.800 2.900
201912 1.973 111.200 2.035
202003 2.385 112.300 2.435
202006 2.482 110.400 2.578
202009 2.572 111.700 2.640
202012 2.224 111.500 2.287
202103 3.175 112.662 3.232
202106 2.523 111.769 2.588
202109 3.843 112.215 3.927
202112 5.631 113.108 5.709
202203 7.571 114.335 7.593
202206 4.834 114.558 4.839
202209 7.045 115.339 7.004
202212 4.785 115.116 4.766
202303 3.304 115.116 3.291
202306 3.653 114.558 3.657
202309 4.268 115.339 4.243
202312 2.859 114.669 2.859
202403 3.862 114.669 3.862

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


Huaneng Power International  (HKSE:00902) 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.

Huaneng Power International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.32/5.84
=0.91

* 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 Huaneng Power International was 1.58. The lowest was 0.37. And the median was 0.72.


Be Aware

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


Huaneng Power International Cyclically Adjusted Revenue per Share Related Terms

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Huaneng Power International (HKSE:00902) Business Description

Traded in Other Exchanges
Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

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