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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) 3-Year FCF Growth Rate : -147.00% (As of Mar. 2024)


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What is Luoyang Xinqianglian Slewing Bearing Co 3-Year FCF Growth Rate?

Luoyang Xinqianglian Slewing Bearing Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥0.10.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -147.00% 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 average Free Cash Flow per Share growth rate.

During the past 8 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Luoyang Xinqianglian Slewing Bearing Co was -74.50% per year. The lowest was -237.80% per year. And the median was -147.00% per year.


Competitive Comparison of Luoyang Xinqianglian Slewing Bearing Co's 3-Year FCF Growth Rate

For the Metal Fabrication subindustry, Luoyang Xinqianglian Slewing Bearing 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.


Luoyang Xinqianglian Slewing Bearing Co's 3-Year FCF Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang Xinqianglian Slewing Bearing Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Luoyang Xinqianglian Slewing Bearing Co's 3-Year FCF Growth Rate falls into.



Luoyang Xinqianglian Slewing Bearing 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.


Luoyang Xinqianglian Slewing Bearing Co  (SZSE:300850) 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) %.


Luoyang Xinqianglian Slewing Bearing Co 3-Year FCF Growth Rate Related Terms

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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Traded in Other Exchanges
N/A
Address
Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800
Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Headlines

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