GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Zheshang Securities Co Ltd (SHSE:601878) » Definitions » Price-to-Free-Cash-Flow

Zheshang Securities Co (SHSE:601878) Price-to-Free-Cash-Flow : 5.65 (As of May. 21, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Zheshang Securities Co Price-to-Free-Cash-Flow?

As of today (2024-05-21), Zheshang Securities Co's share price is ¥11.77. Zheshang Securities Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2.08. Hence, Zheshang Securities Co's Price-to-Free-Cash-Flow Ratio for today is 5.65.

The historical rank and industry rank for Zheshang Securities Co's Price-to-Free-Cash-Flow or its related term are showing as below:

SHSE:601878' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.16   Med: 24.94   Max: 148.27
Current: 5.63

During the past 13 years, Zheshang Securities Co's highest Price-to-Free-Cash-Flow Ratio was 148.27. The lowest was 3.16. And the median was 24.94.

SHSE:601878's Price-to-Free-Cash-Flow is ranked better than
75% of 396 companies
in the Capital Markets industry
Industry Median: 15.54 vs SHSE:601878: 5.63

Zheshang Securities Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥0.80. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was ¥2.08.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Zheshang Securities Co was 873.40% per year.

During the past 13 years, Zheshang Securities Co's highest 3-Year average Free Cash Flow per Share Growth Rate was 54.80% per year. The lowest was -64.20% per year. And the median was -8.90% per year.


Zheshang Securities Co Price-to-Free-Cash-Flow Historical Data

The historical data trend for Zheshang Securities Co's Price-to-Free-Cash-Flow 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.

Zheshang Securities Co Price-to-Free-Cash-Flow Chart

Zheshang Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.67 - 33.88 146.03 7.69

Zheshang Securities Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 47.06 12.03 3.23 7.69 5.43

Competitive Comparison of Zheshang Securities Co's Price-to-Free-Cash-Flow

For the Capital Markets subindustry, Zheshang Securities Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Zheshang Securities Co's Price-to-Free-Cash-Flow Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Zheshang Securities Co's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Zheshang Securities Co's Price-to-Free-Cash-Flow falls into.



Zheshang Securities Co Price-to-Free-Cash-Flow Calculation

Zheshang Securities Co's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=11.77/2.083
=5.65

Zheshang Securities Co's Share Price of today is ¥11.77.
Zheshang Securities Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2.08.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Zheshang Securities Co  (SHSE:601878) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Zheshang Securities Co Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Zheshang Securities Co's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Zheshang Securities Co (SHSE:601878) Business Description

Traded in Other Exchanges
N/A
Address
201 Wuxing Road, Jianggan District, Zhejiang Province, Hangzhou Shi, CHN, 310020
Zheshang Securities Co Ltd is a securities brokerage firm. The company offers a variety of services such as securities brokerage, investment banking, asset management, financial adviser services, investment consulting, securities self-operation, and, margin trading services. It also engages in the financial futures brokerage business, commodity futures brokerage business, and asset management.

Zheshang Securities Co (SHSE:601878) Headlines

No Headlines