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Lushang Life Services Co (HKSE:02376) Free Cash Flow per Share : HK$-0.49 (TTM As of Dec. 2024)


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What is Lushang Life Services Co Free Cash Flow per Share?

Lushang Life Services Co's Free Cash Flow per Share for the six months ended in Dec. 2024 was HK$-0.06. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-0.49.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Lushang Life Services Co was -233.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -5.30% 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 FCF Growth Rate using Free Cash Flow per Share data.

The historical rank and industry rank for Lushang Life Services Co's Free Cash Flow per Share or its related term are showing as below:

HKSE:02376' s 3-Year FCF Growth Rate Range Over the Past 10 Years
Min: -15   Med: -10.15   Max: -5.3
Current: -5.3

During the past 6 years, Lushang Life Services Co's highest 3-Year average Free Cash Flow per Share Growth Rate was -5.30% per year. The lowest was -15.00% per year. And the median was -10.15% per year.

HKSE:02376's 3-Year FCF Growth Rate is ranked worse than
58.87% of 1128 companies
in the Real Estate industry
Industry Median: 2.05 vs HKSE:02376: -5.30

Lushang Life Services Co Free Cash Flow per Share Historical Data

The historical data trend for Lushang Life Services Co's Free Cash Flow 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.

Lushang Life Services Co Free Cash Flow per Share Chart

Lushang Life Services Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Free Cash Flow per Share
Get a 7-Day Free Trial 0.14 -0.10 -0.10 0.08 -0.11

Lushang Life Services Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Free Cash Flow per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.31 -0.02 -0.43 -0.06

Competitive Comparison of Lushang Life Services Co's Free Cash Flow per Share

For the Real Estate Services subindustry, Lushang Life Services Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Lushang Life Services Co's Price-to-Free-Cash-Flow Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lushang Life Services Co's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Lushang Life Services Co's Price-to-Free-Cash-Flow falls into.


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Lushang Life Services Co Free Cash Flow per Share Calculation

Free Cashflow per Share is the amount of Free Cashflow per outstanding share of the company's stock.

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

Note: GuruFocus does not calculate Free Cash Flow Per Share when Capital Expenditure is 0.

Lushang Life Services Co's Free Cash Flow Per Share for the fiscal year that ended in Dec. 2024 is calculated as

Free Cash Flow Per Share(A: Dec. 2024 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(-5.871+-8.935)/132.622
=-14.806/132.622
=-0.11

Lushang Life Services Co's Free Cash Flow Per Share for the quarter that ended in Dec. 2024 is calculated as

Free Cash Flow Per Share(Q: Dec. 2024 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(0+-7.229)/129.827
=-7.229/129.827
=-0.06

Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.49

* 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.


Lushang Life Services Co  (HKSE:02376) Free Cash Flow per Share Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is because research shows that five years is the length of the typical business cycle.

Therefore, as of Dec24, Lushang Life Services Co's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Dec24)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.02633333/1.14+0.067
=9.01 %

* 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

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


Lushang Life Services Co Free Cash Flow per Share Related Terms

Thank you for viewing the detailed overview of Lushang Life Services Co's Free Cash Flow per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lushang Life Services Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9777 Jingshi Road, Room 202, Block 2, Lushang Guo’ao City, Lixia District, Shandong Province, Jinan, CHN
Lushang Life Services Co Ltd is principally engaged in the provision of property management services, community value-added services, and value-added services to non-property owners. It manages a diverse portfolio of properties, including residential properties; commercial properties such as commercial complexes, office buildings, and apartments; and other types of properties including municipal facilities such as city roads, schools, theme towns, hospitals, banks, industrial parks, and airline base property. It derives the majority of from property management services that comprise comprising cleaning, security, greening, repair and maintenance, public area maintenance, and other property management-related services.
Executives
Bei Jing Cheng Jian Fang Di Chan Kai Fa You Xian Gong Si
Bei Jing Cheng Jian Ji Tuan You Xian Ze Ren Gong Si
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Abc International Holdings Limited 2201 Interest of corporation controlled by you
Abci Securities Company Limited 2105 Underwriter
Agricultural Bank Of China Limited 2201 Interest of corporation controlled by you
China International Economic Trading Limited
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Hwabao Trust Co., Ltd 2301 Trustee
Abci Capital Limited 2501 Other
Lu Dunke 2201 Interest of corporation controlled by you
Fan Qinyuan 2201 Interest of corporation controlled by you
Wen Shang Xian Ke Jin Jian An Lao Wu You Xian Ze Ren Gong Si 2101 Beneficial owner
Nan Tong Chen Yun Jian Zhu Lao Wu You Xian Gong Si 2101 Beneficial owner
Shan Dong Tian Qi Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner

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