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Qinghailt Lake Industry Co (SZSE:000792) Cyclically Adjusted FCF per Share : ¥0.54 (As of Mar. 2024)


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What is Qinghailt Lake Industry Co Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Qinghailt Lake Industry Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.206. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥0.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Qinghailt Lake Industry Co's average Cyclically Adjusted FCF Growth Rate was 575.00% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Qinghailt Lake Industry Co was 10.60% per year. The lowest was -186.40% per year. And the median was -21.40% per year.

As of today (2024-06-09), Qinghailt Lake Industry Co's current stock price is ¥17.18. Qinghailt Lake Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.54. Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF of today is 31.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Qinghailt Lake Industry Co was 1276.00. The lowest was 30.20. And the median was 79.48.


Qinghailt Lake Industry Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Qinghailt Lake Industry Co's Cyclically Adjusted FCF 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.

Qinghailt Lake Industry Co Cyclically Adjusted FCF per Share Chart

Qinghailt Lake Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.68 -0.70 -0.50 0.02 0.46

Qinghailt Lake Industry 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 FCF 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 0.08 0.22 0.32 0.46 0.54

Competitive Comparison of Qinghailt Lake Industry Co's Cyclically Adjusted FCF per Share

For the Agricultural Inputs subindustry, Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Qinghailt Lake Industry Co Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow 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 FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF 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, Qinghailt Lake Industry Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.206/115.2271*115.2271
=0.206

Current CPI (Mar. 2024) = 115.2271.

Qinghailt Lake Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.226 98.200 -0.265
201409 -0.262 98.900 -0.305
201412 -0.389 99.000 -0.453
201503 -0.382 99.900 -0.441
201506 -0.200 99.500 -0.232
201509 -0.135 100.500 -0.155
201512 -0.221 100.600 -0.253
201603 -0.290 102.200 -0.327
201606 0.109 101.400 0.124
201609 -0.320 102.400 -0.360
201612 0.193 102.600 0.217
201703 -0.328 103.200 -0.366
201706 0.005 103.100 0.006
201709 -0.089 104.100 -0.099
201712 0.130 104.500 0.143
201803 0.256 105.300 0.280
201806 0.155 104.900 0.170
201809 0.454 106.600 0.491
201812 0.312 106.500 0.338
201903 0.346 107.700 0.370
201906 0.336 107.700 0.359
201909 -0.170 109.800 -0.178
201912 0.319 111.200 0.331
202003 0.031 112.300 0.032
202006 -0.455 110.400 -0.475
202009 0.330 111.700 0.340
202012 -0.147 111.500 -0.152
202103 0.232 112.662 0.237
202106 0.205 111.769 0.211
202109 0.292 112.215 0.300
202112 0.002 113.108 0.002
202203 0.831 114.335 0.837
202206 0.748 114.558 0.752
202209 0.472 115.339 0.472
202212 1.129 115.116 1.130
202303 0.217 115.116 0.217
202306 1.043 114.558 1.049
202309 0.091 115.339 0.091
202312 0.737 114.781 0.740
202403 0.206 115.227 0.206

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Qinghailt Lake Industry Co  (SZSE:000792) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.18/0.54
=31.81

* 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 Price-to-FCF of Qinghailt Lake Industry Co was 1276.00. The lowest was 30.20. And the median was 79.48.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Qinghailt Lake Industry Co Cyclically Adjusted FCF per Share Related Terms

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Qinghailt Lake Industry Co (SZSE:000792) Business Description

Traded in Other Exchanges
N/A
Address
Qinghai Yellow River Road on the 28th, Golmud, CHN, 816000
Qinghai Salt Lake Industry Co Ltd operates in the dry inland Qarhan Salt Lake in Qinghai province. It is engaged in salt lake resource extraction and potash production. The company is engaged in the manufacture of chemical raw materials and chemical products. The company is located in Golmud City, Qinghai Province and is the largest potash fertilizer industrial production base in China.
Executives
Qiao Hai Yuan Supervisors
Yan Xiao Jun Director
Wang Xing Fu Director
Song Pei Pei Supervisors
Han Zeng Yan Supervisors
Li Zhi Qiang Supervisors
He Shu Jun Supervisors
Ma Chao Hui Director
Zhang Rong Xiang Executives
Wei Ye Qiu Supervisors
Zhang Quan Ming Director
Tang Yong Xin Executives

Qinghailt Lake Industry Co (SZSE:000792) Headlines

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