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Xinyi Solar Holdings (HKSE:00968) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Xinyi Solar Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinyi Solar Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xinyi Solar Holdings's Cyclically Adjusted Price-to-FCF 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.

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Xinyi Solar Holdings Cyclically Adjusted Price-to-FCF Chart

Xinyi Solar Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Xinyi Solar Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Xinyi Solar Holdings's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, Xinyi Solar Holdings'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.


Xinyi Solar Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's Cyclically Adjusted Price-to-FCF falls into.



Xinyi Solar Holdings Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Xinyi Solar Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Xinyi Solar Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.46/114.7809*114.7809
=-0.460

Current CPI (Dec23) = 114.7809.

Xinyi Solar Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.283 99.000 -0.328
201512 -0.417 100.600 -0.476
201612 -0.608 102.600 -0.680
201712 -0.170 104.500 -0.187
201812 -0.100 106.500 -0.108
201912 -0.096 111.200 -0.099
202012 0.121 111.500 0.125
202112 -0.148 113.108 -0.150
202212 -0.085 115.116 -0.085
202312 -0.460 114.781 -0.460

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


Xinyi Solar Holdings  (HKSE:00968) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Xinyi Solar Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Xinyi Solar Holdings (HKSE:00968) Business Description

Traded in Other Exchanges
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.
Executives
Tung Ching Sai 2202 Interest of your spouse
Lee Yin Yee 2401 A concert party to an agreement to buy shares
Tung Ching Bor 2401 A concert party to an agreement to buy shares
Lee Sing Din 2401 A concert party to an agreement to buy shares
Li Ching Leung 2401 A concert party to an agreement to buy shares
Li Ching Wai 2401 A concert party to an agreement to buy shares
Ng Ngan Ho 2401 A concert party to an agreement to buy shares
Sze Nang Sze 2401 A concert party to an agreement to buy shares
Xinyi Glass Holdings Limited 2101 Beneficial owner
Blackrock, Inc. 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2102 Investment manager
Realbest Investment Limited 2101 Beneficial owner

Xinyi Solar Holdings (HKSE:00968) Headlines

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