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Shun Tak Holdings (HKSE:00242) Net Cash per Share : HK$-4.46 (As of Dec. 2023)


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What is Shun Tak Holdings 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). Shun Tak Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-4.46.

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

HKSE:00242's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.615
* Ranked among companies with meaningful Price-to-Net-Cash only.

Shun Tak Holdings Net Cash per Share Historical Data

The historical data trend for Shun Tak Holdings'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.

Shun Tak Holdings Net Cash per Share Chart

Shun Tak Holdings 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 -5.72 -6.74 -5.46 -4.99 -4.46

Shun Tak Holdings Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only -5.46 -5.15 -4.99 -4.68 -4.46

Competitive Comparison of Shun Tak Holdings's Net Cash per Share

For the Real Estate - Diversified subindustry, Shun Tak Holdings'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.


Shun Tak Holdings's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shun Tak Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shun Tak Holdings's Price-to-Net-Cash falls into.



Shun Tak Holdings 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.

Shun Tak Holdings'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)
=(6633.986-17755.52-2350.945)/3017.66
=-4.46

Shun Tak Holdings'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)
=(6633.986-17755.52-2350.945)/3017.66
=-4.46

* 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.


Shun Tak Holdings  (HKSE:00242) 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.


Shun Tak Holdings Net Cash per Share Related Terms

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Shun Tak Holdings (HKSE:00242) Business Description

Traded in Other Exchanges
Address
200 Connaught Road Central, Penthouse 39th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Shun Tak Holdings Ltd is a provider of multiple lines of services predominantly in Macau. Its main business is that of property development, contributing the majority of its revenue. Shun Tak's property segment covers commercial, residential, and retail property spaces. It operates through the following business segments: Property, Transportation, Hospitality, and Investment. The Property segment includes property development and sales, leasing, and management services. The Transportation segment provides passenger transportation services. The Hospitality segment performs hotel operations, hotel management, and travel agency services. The Investment segment involves investment holding and others.
Executives
Ho Chiu King Pansy Catilina 2101 Beneficial owner
Ho Chiu Fung, Daisy 2101 Beneficial owner
Classic Time Developments Limited 2101 Beneficial owner

Shun Tak Holdings (HKSE:00242) Headlines

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