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TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) 3-Year FCF Growth Rate : -99.00% (As of Mar. 2024)


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What is TCL Zhonghuan Renewable Energy Technology Co 3-Year FCF Growth Rate?

TCL Zhonghuan Renewable Energy Technology Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥-0.41.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -99.00% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -18.10% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was -5.60% 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 TCL Zhonghuan Renewable Energy Technology Co was 36.30% per year. The lowest was -123.40% per year. And the median was -18.50% per year.


Competitive Comparison of TCL Zhonghuan Renewable Energy Technology Co's 3-Year FCF Growth Rate

For the Semiconductor Equipment & Materials subindustry, TCL Zhonghuan Renewable Energy Technology 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.


TCL Zhonghuan Renewable Energy Technology Co's 3-Year FCF Growth Rate Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, TCL Zhonghuan Renewable Energy Technology Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where TCL Zhonghuan Renewable Energy Technology Co's 3-Year FCF Growth Rate falls into.



TCL Zhonghuan Renewable Energy Technology 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.


TCL Zhonghuan Renewable Energy Technology Co  (SZSE:002129) 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) %.


TCL Zhonghuan Renewable Energy Technology Co 3-Year FCF Growth Rate Related Terms

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TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Haitai East Street, Huayuan Technology Park, New and High-Tech Industrial Development Zone, Tianjin, Tianjin, CHN, 300384
TCL Zhonghuan is the second largest solar silicon wafer producer in China. It produced about 68.3GW solar wafers in 2022, accounting for 19.1% of total production in China. Solar wafers contributed 76% of revenue and 81% of gross profit in 2022. Zhonghuan is also a leading domestic semiconductor silicon wafer producer.

TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Headlines

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