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Yixin Group (HKSE:02858) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Yixin Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yixin Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yixin Group'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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Yixin Group Cyclically Adjusted Price-to-FCF Chart

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

For the Credit Services subindustry, Yixin Group'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.


Yixin Group's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yixin Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Yixin Group's Cyclically Adjusted Price-to-FCF falls into.



Yixin Group 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.

Yixin Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Yixin Group'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)
=-1.416/114.7809*114.7809
=-1.416

Current CPI (Dec23) = 114.7809.

Yixin Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.000 0.000
201512 -0.531 100.600 -0.606
201612 -2.029 102.600 -2.270
201712 -11.564 104.500 -12.702
201812 -0.766 106.500 -0.826
201912 1.887 111.200 1.948
202012 2.303 111.500 2.371
202112 0.268 113.108 0.272
202212 -0.348 115.116 -0.347
202312 -1.416 114.781 -1.416

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.


Yixin Group  (HKSE:02858) 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.


Yixin Group Cyclically Adjusted Price-to-FCF Related Terms

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Yixin Group (HKSE:02858) Business Description

Traded in Other Exchanges
Address
No. 365 Linhong Road, 1 North, Zhongguancun Hongqiao Innovation Center, Changning District, Shanghai, CHN
Yixin Group Ltd is an online automobile retail transaction platform in China. The company operates in two segments namely Transaction platform services and Self-operated financing business. The transaction platform segment is comprised of facilitation and value-added services, and advertising and subscription services. Self-operated financing segment comprises financing lease services and operating lease services. The company generates a majority of its revenue from the Self-operated financing business.
Executives
Zhang Xuan 2101 Beneficial owner
Jd.com Investment Limited 2201 Interest of corporation controlled by you
Jd.com, Inc. 2201 Interest of corporation controlled by you
Liu Qiangdong Richard 2305 Beneficiary of a trust
Max Smart Limited 2201 Interest of corporation controlled by you
Jd Financial Investment Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Tsang Ling Kay Rodney 2501 Other
Tencent Holdings Limited 2201 Interest of corporation controlled by you
Hammer Capital Opportunities Fund L.p. 2201 Interest of corporation controlled by you
Cheung Siu Fai 2201 Interest of corporation controlled by you
Cheng Chi Kong 2201 Interest of corporation controlled by you
Woodbury Capital Management Limited 2201 Interest of corporation controlled by you
Silver Oryx Limited 2201 Interest of corporation controlled by you
Hammer Capital Partners Ltd. 2201 Interest of corporation controlled by you

Yixin Group (HKSE:02858) Headlines

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