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First Service Holding (HKSE:02107) Net Cash per Share : HK$-0.27 (As of Dec. 2023)


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What is First Service Holding 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). First Service Holding's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.27.

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

During the past 7 years, the highest Price-to-Net-Cash Ratio of First Service Holding was 3.42. The lowest was 3.42. And the median was 3.42.

HKSE:02107's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.75
* Ranked among companies with meaningful Price-to-Net-Cash only.

First Service Holding Net Cash per Share Historical Data

The historical data trend for First Service Holding'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.

First Service Holding Net Cash per Share Chart

First Service Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -0.16 0.31 -0.16 -0.26 -0.27

First Service Holding Semi-Annual Data
Dec17 Dec18 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 -0.16 -0.27 -0.26 -0.29 -0.27

Competitive Comparison of First Service Holding's Net Cash per Share

For the Real Estate Services subindustry, First Service Holding'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.


First Service Holding's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Service Holding's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where First Service Holding's Price-to-Net-Cash falls into.



First Service Holding 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.

First Service Holding'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)
=(618.965-829.157-61.667)/1000
=-0.27

First Service Holding'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)
=(618.965-829.157-61.667)/1000
=-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.


First Service Holding  (HKSE:02107) 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.


First Service Holding Net Cash per Share Related Terms

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First Service Holding (HKSE:02107) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xiangheyuan Road, Dongzhimenwai, 3rd Floor, Building 10, Wanguocheng MOMA, Dongcheng District, Beijing, CHN, 100028
First Service Holding Ltd is a provider of property management services and green living solutions that cover the full property life cycle. The company's service portfolio is segregated into three business lines Property management services comprising cleaning, security, gardening and repair and maintenance; Green living solutions comprising energy operation services, green technology consulting services, systems installation services and sales of its AIRDINO systems; and Value-added services comprising parking space management services, communal area leasing services, sales assistance services, home living services, and preliminary planning and design consultancy.

First Service Holding (HKSE:02107) Headlines

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