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China Three Gorges Renewables (Group) Co (SHSE:600905) 3-Year FCF Growth Rate : -4.20% (As of Mar. 2024)


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What is China Three Gorges Renewables (Group) Co 3-Year FCF Growth Rate?

China Three Gorges Renewables (Group) Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥-0.08.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -4.20% 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 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of China Three Gorges Renewables (Group) Co was 2.20% per year. The lowest was -4.20% per year. And the median was -1.00% per year.


Competitive Comparison of China Three Gorges Renewables (Group) Co's 3-Year FCF Growth Rate

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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.


China Three Gorges Renewables (Group) Co's 3-Year FCF Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's 3-Year FCF Growth Rate falls into.



China Three Gorges Renewables (Group) 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.


China Three Gorges Renewables (Group) Co  (SHSE:600905) 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) %.


China Three Gorges Renewables (Group) Co 3-Year FCF Growth Rate Related Terms

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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149
China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines

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