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Jardine Strategic Holdings (Jardine Strategic Holdings) Net-Net Working Capital : $-19.28 (As of Dec. 2020)


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What is Jardine Strategic Holdings 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.

Jardine Strategic Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2020 was $-19.28.

The industry rank for Jardine Strategic Holdings's Net-Net Working Capital or its related term are showing as below:

JSHLY's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 5.92
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jardine Strategic Holdings Net-Net Working Capital Historical Data

The historical data trend for Jardine Strategic Holdings'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.

Jardine Strategic Holdings Net-Net Working Capital Chart

Jardine Strategic Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.56 -19.43 -20.70 -21.01 -19.28

Jardine Strategic Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 -20.70 -21.43 -21.01 -21.32 -19.28

Competitive Comparison of Jardine Strategic Holdings's Net-Net Working Capital

For the Conglomerates subindustry, Jardine Strategic Holdings'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.


Jardine Strategic Holdings's Price-to-Net-Net-Working-Capital Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Strategic Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Jardine Strategic Holdings's Price-to-Net-Net-Working-Capital falls into.



Jardine Strategic Holdings Net-Net Working Capital Calculation

Jardine Strategic Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net-Net Working Capital(A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8731+0.75 * 6152+0.5 * 2106-28446
-0-28700)/2216.82
=-19.28

Jardine Strategic Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2020 is calculated as

Net-Net Working Capital(Q: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8731+0.75 * 6152+0.5 * 2106-28446
-0-28700)/2216.82
=-19.28

* 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.


Jardine Strategic Holdings  (OTCPK:JSHLY) 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.


Jardine Strategic Holdings Net-Net Working Capital Related Terms

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Jardine Strategic Holdings (Jardine Strategic Holdings) Business Description

Traded in Other Exchanges
N/A
Address
33-35 Reid Street, Jardine House, 4th Floor, Hamilton, BMU, HM 12
Jardine Strategic Holdings Ltd is a conglomerate of businesses operating in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining and agribusiness. The large businesses by net income within the group are Hong Kong Land and Dairy Farm, which are a property investment firm and a food retailer, respectively.

Jardine Strategic Holdings (Jardine Strategic Holdings) Headlines

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