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China Haisheng Juice Holdings Co (HKSE:00359) E10 : HK$0.01 (As of Jun. 2021)


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What is China Haisheng Juice Holdings Co E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

China Haisheng Juice Holdings Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2020 was HK$-0.144. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.01 for the trailing ten years ended in Dec. 2020.

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 E10 growth rate using E10 data.

As of today (2024-06-15), China Haisheng Juice Holdings Co's current stock price is HK$ 0.049. China Haisheng Juice Holdings Co's E10 for the fiscal year that ended in Dec. 2020 was HK$0.01. China Haisheng Juice Holdings Co's Shiller PE Ratio of today is 4.90.


China Haisheng Juice Holdings Co E10 Historical Data

The historical data trend for China Haisheng Juice Holdings Co's E10 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.

China Haisheng Juice Holdings Co E10 Chart

China Haisheng Juice Holdings Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.05 0.03 0.01

China Haisheng Juice Holdings Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
E10 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 - 0.03 - 0.01 -

Competitive Comparison of China Haisheng Juice Holdings Co's E10

For the Beverages - Non-Alcoholic subindustry, China Haisheng Juice Holdings Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


China Haisheng Juice Holdings Co's Shiller PE Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Haisheng Juice Holdings Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Haisheng Juice Holdings Co's Shiller PE Ratio falls into.



China Haisheng Juice Holdings Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, China Haisheng Juice Holdings Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2020 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=-0.144/109.7105*109.7105
=-0.144

Current CPI (Dec. 2020) = 109.7105.

China Haisheng Juice Holdings Co Annual Data

per_share_eps CPI Adj_EPS
201112 0.158 87.944 0.197
201212 -0.055 91.132 -0.066
201312 -0.057 95.090 -0.066
201412 0.023 99.707 0.025
201512 -0.001 102.015 -0.001
201612 0.024 103.225 0.026
201712 0.134 104.984 0.140
201812 0.070 107.622 0.071
201912 -0.056 110.700 -0.055
202012 -0.144 109.711 -0.144

Add all the adjusted EPS together and divide 10 will get our e10.


China Haisheng Juice Holdings Co  (HKSE:00359) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

China Haisheng Juice Holdings Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.049/0.01
=4.90

* 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.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


China Haisheng Juice Holdings Co E10 Related Terms

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China Haisheng Juice Holdings Co (HKSE:00359) Business Description

Traded in Other Exchanges
N/A
Address
288 Des Voeux Road Central, Room B, 3rd Floor, Eton Building, Hong Kong, HKG
China Haisheng Juice Holdings Co Ltd is a Hong Kong-based investment holding company. The company is principally engaged in fruit juice and agriculture businesses. The group has two operating segments: Fruit juice operation segment that manufactures and sells fruit juice concentrate and related products; and the Agriculture operation segment involves plantation and sale of apple saplings, apple and other fruits. The group has a global business presence from which key revenue is derived from the PRC.
Executives
Gao Liang 2202 Interest of your spouse
Xie Haiyan 2202 Interest of your spouse

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