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China Literature (FRA:C2X) Net Cash per Share : €0.27 (As of Dec. 2023)


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What is China Literature Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). China Literature's Net Cash per Share for the quarter that ended in Dec. 2023 was €0.27.

The historical rank and industry rank for China Literature's Net Cash per Share or its related term are showing as below:

FRA:C2X' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 10.07   Med: 12.8   Max: 1517.5
Current: 11.7

During the past 10 years, the highest Price-to-Net-Cash Ratio of China Literature was 1517.50. The lowest was 10.07. And the median was 12.80.

FRA:C2X's Price-to-Net-Cash is ranked worse than
70.31% of 229 companies
in the Interactive Media industry
Industry Median: 6.24 vs FRA:C2X: 11.70

China Literature Net Cash per Share Historical Data

The historical data trend for China Literature's Net Cash 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.

China Literature Net Cash per Share Chart

China Literature Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 - 0.15 0.36 0.27

China Literature Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash 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 0.15 0.28 0.36 0.41 0.27

Competitive Comparison of China Literature's Net Cash per Share

For the Internet Content & Information subindustry, China Literature's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


China Literature's Price-to-Net-Cash Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Literature's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Literature's Price-to-Net-Cash falls into.



China Literature Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

China Literature's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(806.944-534.779--0.069)/1023.39
=0.27

China Literature's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(806.944-534.779--0.069)/1023.39
=0.27

* 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.


China Literature  (FRA:C2X) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


China Literature Net Cash per Share Related Terms

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China Literature (FRA:C2X) Business Description

Traded in Other Exchanges
Address
No. 5169 Binjiang Avenue, N3 Lujiazui Binjiang Center, Pudong New Area, Shanghai, CHN, 200135
China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and others segment includes licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, in-house online games operations.

China Literature (FRA:C2X) Headlines

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