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Greater China Financial Holdings (HKSE:00431) Net Cash per Share : HK$-0.13 (As of Dec. 2023)


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What is Greater China Financial 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). Greater China Financial Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.13.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Greater China Financial Holdings was 20.00. The lowest was 18.00. And the median was 19.00.

HKSE:00431's Price-to-Net-Cash is not ranked *
in the Credit Services industry.
Industry Median: 10
* Ranked among companies with meaningful Price-to-Net-Cash only.

Greater China Financial Holdings Net Cash per Share Historical Data

The historical data trend for Greater China Financial 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.

Greater China Financial Holdings Net Cash per Share Chart

Greater China Financial 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 -0.02 -0.10 -0.14 -0.14 -0.13

Greater China Financial 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 -0.14 -0.14 -0.14 -0.14 -0.13

Competitive Comparison of Greater China Financial Holdings's Net Cash per Share

For the Credit Services subindustry, Greater China Financial 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.


Greater China Financial Holdings's Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Greater China Financial Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Greater China Financial 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.

Greater China Financial 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)
=(35.363-1068.894--17.143)/7775.86
=-0.13

Greater China Financial 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)
=(35.363-1068.894--17.143)/7775.86
=-0.13

* 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.


Greater China Financial Holdings  (HKSE:00431) 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.


Greater China Financial Holdings Net Cash per Share Related Terms

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Greater China Financial Holdings (HKSE:00431) Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, Suites 3612-16, 36th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Greater China Financial Holdings Ltd, through its subsidiaries, is engaged in investment holding, industrial property development, general trading of consumable goods, securities brokerage, insurance brokerage, asset management and loan financing operation including loan financing, financial guarantee services, loan referral and consultancy services. It generates maximum revenue from the loan financing operation segment. It operates in Hong Kong and the PRC. Geographically, it derives a majority of revenue from China.
Executives
Liu Kequan 2101 Beneficial owner
Chen Zheng 2201 Interest of corporation controlled by you
Skill Rich Limited 2101 Beneficial owner
Chu Lam Yiu 2101 Beneficial owner
Eastern Spring Global Limited 2101 Beneficial owner
Yang Dayong
Greater China Financial Holdings Limited 2201 Interest of corporation controlled by you
Harmonic Edge Limited 2106 Person having a security interest in shares
Liang Miaoxin 2202 Interest of your spouse

Greater China Financial Holdings (HKSE:00431) Headlines

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