GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Jiayuan.com International Ltd (NAS:DATE) » Definitions » Net-Net Working Capital

Jiayuan.com International (Jiayuan.com International) Net-Net Working Capital : $-0.90 (As of Sep. 2015)


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

What is Jiayuan.com International Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Jiayuan.com International's Net-Net Working Capital for the quarter that ended in Sep. 2015 was $-0.90.

The industry rank for Jiayuan.com International's Net-Net Working Capital or its related term are showing as below:

DATE's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 5.62
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jiayuan.com International Net-Net Working Capital Historical Data

The historical data trend for Jiayuan.com International's Net-Net Working Capital 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.

Jiayuan.com International Net-Net Working Capital Chart

Jiayuan.com International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net-Net Working Capital
Get a 7-Day Free Trial -0.41 2.37 1.94 0.32 -0.22

Jiayuan.com International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Net-Net Working Capital 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 -0.63 0.94 - 0.21 -0.90

Competitive Comparison of Jiayuan.com International's Net-Net Working Capital

For the Internet Content & Information subindustry, Jiayuan.com International's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Jiayuan.com International's Price-to-Net-Net-Working-Capital Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Jiayuan.com International's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Jiayuan.com International's Price-to-Net-Net-Working-Capital falls into.



Jiayuan.com International Net-Net Working Capital Calculation

Jiayuan.com International's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2014 is calculated as

Net-Net Working Capital(A: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(34.349+0.75 * 6.099+0.5 * 0.251-46.279
-0-0)/33.2873
=-0.22

Jiayuan.com International's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2015 is calculated as

Net-Net Working Capital(Q: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(31.424+0.75 * 6.24+0.5 * 0-54.503
-0-0)/20.356
=-0.90

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Jiayuan.com International  (NAS:DATE) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Jiayuan.com International Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Jiayuan.com International's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiayuan.com International (Jiayuan.com International) Business Description

Traded in Other Exchanges
N/A
Address
Jiayuan.com International Ltd was founded in October 2003. The Company, through its subsidiaries, the Group, operates online dating platform in China. It is engaged in providing a trusted, effective, and user focused online dating platform that addresses the dating and marriage needs of China's rapidly growing urban singles population. Its segments include: Online Services and Personalized Matchmaking Services. Online Services; the Group provides two types of online services through its online platforms, including message exchanging services and value-added services. Users prepay for virtual currencies that can be used as consideration for the Group's online services. The Group charges for message exchanging services when one registered user initiates contact with another registered user via the Group's online platform, and either the sender or recipient may pay for the service. Subsequently, the Group does not charge for any message exchanges between the same two users. Personalized Matchmaking Services, the Group provides personalized matchmaking services to individual users, which generally consist of unlimited access to certain online services, tickets to a number of events, personalized communications, provision of detailed background checks, dating and relationship consultation and advice and search services provided by the Group's customer service representatives in a specified contractual period. The Group's competitors include: Baihe.com, Zhenai.com and Youyuan.com.

Jiayuan.com International (Jiayuan.com International) Headlines

No Headlines