Sipai Health Technology Co (HKSE:00314) Net Cash per Share : HK$-0.10 (As of Dec. 2023)

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What is Sipai Health Technology Co 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). Sipai Health Technology Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.10.

The historical rank and industry rank for Sipai Health Technology Co's Net Cash per Share or its related term are showing as below:

During the past 3 years, the highest Price-to-Net-Cash Ratio of Sipai Health Technology Co was 29.19. The lowest was 29.19. And the median was 29.19.

HKSE:00314's Price-to-Net-Cash is not ranked ^*
in the Medical Distribution industry.
Industry Median: 11.12
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sipai Health Technology Co Net Cash per Share Historical Data

The historical data trend for Sipai Health Technology Co'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.

Sipai Health Technology Co Net Cash per Share Chart

Sipai Health Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Net Cash per Share

-10.77

0.64

-0.10

Sipai Health Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	-10.77	-	0.64	0.11	-0.10

Competitive Comparison of Sipai Health Technology Co's Net Cash per Share

For the Medical Distribution subindustry, Sipai Health Technology Co'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.

Sipai Health Technology Co's Price-to-Net-Cash Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sipai Health Technology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sipai Health Technology Co's Price-to-Net-Cash falls into.

Sipai Health Technology Co 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.

Sipai Health Technology Co'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)
=	(1235.562	-	1294.913	-	13.445)	/	761.5
=	-0.10

Sipai Health Technology Co'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)
=	(1235.562	-	1294.913	-	13.445)	/	761.5
=	-0.10

Sipai Health Technology Co (HKSE:00314) 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.

Sipai Health Technology Co Net Cash per Share Related Terms

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Sipai Health Technology Co (HKSE:00314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sipai Health Technology Co Ltd (HKSE:00314) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

AX1:Germany

Address

No. 1888, Caoyang Road, 7/F, Building 3, Xingguangyao Plaza, Putuo District, Shanghai, CHN

Website

https://www.medbankshealthtech.com

Sipai Health Technology Co Ltd is a medical technology and health management company in China. It has three reportable operating segments: Specialty Pharmacy Business - operation and distribution of specialty pharmacy stores and pharmaceutical products; Physician Research Assistance Business - offering pharmaceutical companies and other clinical trial institutions site management organization services; Health Insurance Services Business - rendering insurance brokerage services to insurance companies. The company generates key revenue from Specialty Pharmacy Business. Almost all of the company's revenues were derived from operations in the PRC.

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