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Huatai Securities Co (Huatai Securities Co) Cyclically Adjusted Revenue per Share : $0.29 (As of Mar. 2024)


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What is Huatai Securities Co Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Huatai Securities Co's adjusted revenue per share for the three months ended in Mar. 2024 was $0.082. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $0.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huatai Securities Co's average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Huatai Securities Co was 10.40% per year. The lowest was 6.40% per year. And the median was 8.20% per year.

As of today (2024-06-10), Huatai Securities Co's current stock price is $1.25. Huatai Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.29. Huatai Securities Co's Cyclically Adjusted PS Ratio of today is 4.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Huatai Securities Co was 10.60. The lowest was 4.00. And the median was 6.61.


Huatai Securities Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Huatai Securities Co's Cyclically Adjusted Revenue per Share 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.

Huatai Securities Co Cyclically Adjusted Revenue per Share Chart

Huatai Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.25 0.28 0.29 0.29

Huatai Securities 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 Revenue per Share 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 0.30 0.28 0.25 0.29 0.29

Competitive Comparison of Huatai Securities Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Huatai Securities Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Huatai Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Huatai Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Huatai Securities Co's Cyclically Adjusted PS Ratio falls into.



Huatai Securities Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Huatai Securities Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.082/117.7354*117.7354
=0.082

Current CPI (Mar. 2024) = 117.7354.

Huatai Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.061 96.409 0.074
201409 0.078 97.948 0.094
201412 0.141 99.707 0.166
201503 0.138 99.927 0.163
201506 0.256 99.267 0.304
201509 0.111 99.927 0.131
201512 0.134 102.015 0.155
201603 0.071 102.785 0.081
201606 0.082 101.686 0.095
201609 0.098 102.565 0.112
201612 0.092 103.225 0.105
201703 0.074 103.335 0.084
201706 0.087 103.664 0.099
201709 0.097 103.994 0.110
201712 0.173 104.984 0.194
201803 0.083 105.973 0.092
201806 0.075 106.193 0.083
201809 0.077 106.852 0.085
201812 0.065 107.622 0.071
201903 0.093 108.172 0.101
201906 0.082 109.601 0.088
201909 0.089 110.260 0.095
201912 0.101 110.700 0.107
202003 0.096 110.920 0.102
202006 0.107 110.590 0.114
202009 0.130 107.512 0.142
202012 0.104 109.711 0.112
202103 0.143 111.579 0.151
202106 0.142 111.360 0.150
202109 0.143 109.051 0.154
202112 0.171 112.349 0.179
202203 0.125 113.558 0.130
202206 0.125 113.448 0.130
202209 0.116 113.778 0.120
202212 0.112 114.548 0.115
202303 0.128 115.427 0.131
202306 0.125 115.647 0.127
202309 0.115 116.087 0.117
202312 0.130 117.296 0.130
202403 0.082 117.735 0.082

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Huatai Securities Co  (OTCPK:HUATF) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Huatai Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.25/0.29
=4.31

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Huatai Securities Co was 10.60. The lowest was 4.00. And the median was 6.61.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Huatai Securities Co Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Huatai Securities Co's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Huatai Securities Co (Huatai Securities Co) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, Room 4201, 62nd Floor, The Center, Hong Kong, HKG
Huatai Securities Co Ltd is a financial services provider. The divisions through which the company operates include Wealth management business, Institutional services business, Investment management business, international business, and Others. It has operations spread across Mainland China and Hong Kong, while the Mainland China division drives most of the company revenues. The company generates most of its revenues from the wealth management business division.

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