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Shanghai Conant Optical Co (HKSE:02276) 3-Year FCF Growth Rate : 18.70% (As of Dec. 2023)


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What is Shanghai Conant Optical Co 3-Year FCF Growth Rate?

Shanghai Conant Optical Co's Free Cash Flow per Share for the six months ended in Dec. 2023 was HK$0.67.

During the past 12 months, Shanghai Conant Optical Co's average Free Cash Flow per Share Growth Rate was 419.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 18.70% 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 average Free Cash Flow per Share growth rate.

During the past 6 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Shanghai Conant Optical Co was 22.70% per year. The lowest was 18.70% per year. And the median was 20.70% per year.


Competitive Comparison of Shanghai Conant Optical Co's 3-Year FCF Growth Rate

For the Medical Instruments & Supplies subindustry, Shanghai Conant Optical Co's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.


Shanghai Conant Optical Co's 3-Year FCF Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Conant Optical Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Shanghai Conant Optical Co's 3-Year FCF Growth Rate falls into.



Shanghai Conant Optical Co 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Free Cash Flow per Share growth rate.


Shanghai Conant Optical Co  (HKSE:02276) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow 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. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Shanghai Conant Optical Co 3-Year FCF Growth Rate Related Terms

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Shanghai Conant Optical Co (HKSE:02276) Business Description

Traded in Other Exchanges
N/A
Address
Lane 83, Hongxiang North Road, 1st Floor, Building 36, No. 1-42, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN
Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The products are mainly resin spectacle lenses with the refractive index of 1.499, 1.56, 1.60, 1.67, and 1.74. The spectacle lenses is also be tinted or coated or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection and anti-smudge.
Executives
Fei Zhengxiang 2101 Beneficial owner

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