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Hangjin Technology Co (SZSE:000818) Cyclically Adjusted Price-to-FCF : 122.60 (As of Jun. 05, 2024)


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What is Hangjin Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Hangjin Technology Co's current share price is ¥24.52. Hangjin Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.20. Hangjin Technology Co's Cyclically Adjusted Price-to-FCF for today is 122.60.

The historical rank and industry rank for Hangjin Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000818' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 68.64   Med: 119.64   Max: 1407
Current: 123.38

During the past years, Hangjin Technology Co's highest Cyclically Adjusted Price-to-FCF was 1407.00. The lowest was 68.64. And the median was 119.64.

SZSE:000818's Cyclically Adjusted Price-to-FCF is ranked worse than
89.76% of 576 companies
in the Chemicals industry
Industry Median: 24.74 vs SZSE:000818: 123.38

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Hangjin Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-1.097. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hangjin Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hangjin Technology Co'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.

* Premium members only.

Hangjin Technology Co Cyclically Adjusted Price-to-FCF Chart

Hangjin Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.38 107.52 124.69 77.16 99.72

Hangjin Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.39 94.49 92.06 99.72 147.03

Competitive Comparison of Hangjin Technology Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Hangjin Technology Co'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.


Hangjin Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hangjin Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hangjin Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Hangjin Technology Co 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.

Hangjin Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.52/0.2
=122.60

* 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.

Hangjin Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hangjin Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.097/115.2271*115.2271
=-1.097

Current CPI (Mar. 2024) = 115.2271.

Hangjin Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.038 98.200 -0.045
201409 0.098 98.900 0.114
201412 0.385 99.000 0.448
201503 0.032 99.900 0.037
201506 0.151 99.500 0.175
201509 0.110 100.500 0.126
201512 -0.108 100.600 -0.124
201603 -0.093 102.200 -0.105
201606 0.000 101.400 0.000
201609 0.039 102.400 0.044
201612 0.172 102.600 0.193
201703 0.026 103.200 0.029
201706 -0.105 103.100 -0.117
201709 0.209 104.100 0.231
201712 0.519 104.500 0.572
201803 -0.052 105.300 -0.057
201806 0.032 104.900 0.035
201809 0.300 106.600 0.324
201812 0.195 106.500 0.211
201903 0.053 107.700 0.057
201906 0.131 107.700 0.140
201909 0.033 109.800 0.035
201912 -0.041 111.200 -0.042
202003 -0.035 112.300 -0.036
202006 0.030 110.400 0.031
202009 0.058 111.700 0.060
202012 -0.024 111.500 -0.025
202103 0.113 112.662 0.116
202106 0.177 111.769 0.182
202109 0.356 112.215 0.366
202112 0.364 113.108 0.371
202203 -0.147 114.335 -0.148
202206 0.126 114.558 0.127
202209 -0.066 115.339 -0.066
202212 0.325 115.116 0.325
202303 -0.163 115.116 -0.163
202306 0.152 114.558 0.153
202309 0.002 115.339 0.002
202312 -0.498 114.781 -0.500
202403 -1.097 115.227 -1.097

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.


Hangjin Technology Co  (SZSE:000818) 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.


Hangjin Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Hangjin Technology Co (SZSE:000818) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Chemical Street, Lianshan District, Liaoning Province, Huludao, CHN, 125001
Hangjin Technology Co Ltd engages in the manufacturing of chemical products in China. Its main products are caustic soda, polyvinyl chloride, propylene oxide, polyether, trichloroethylene, propylene glycol, and chlorinated benzenes. Geographically, the business activities are carried out through China.
Executives
Lu Zhi Jun Executives
Wang Di Fei Executives
Ding Xiao Hong Executives
Wang Dong Dong Directors, executives
Cai Wei Dong Director
Jin Yong Executives
Zhang Ge Liang Executives
Wang Xiao Xing Executives
Qian Yong Chun Executives
Zhang Jian Li Executives
Ding Gui Bao Directors, executives
Liu Chun Yan Independent director
Ou Yang Guo Liang Executives
Sun Gui Chen Director
Zhu Di Supervisors

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