MedSci Healthcare Holdings (HKSE:02415) Net Cash per Share : HK$1.96 (As of Dec. 2023)

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What is MedSci Healthcare 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). MedSci Healthcare Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$1.96.

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

HKSE:02415' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.39 Med: 2.43 Max: 2.43
Current: 1.39

During the past 4 years, the highest Price-to-Net-Cash Ratio of MedSci Healthcare Holdings was 2.43. The lowest was 1.39. And the median was 2.43.

HKSE:02415's Price-to-Net-Cash is ranked better than
90.48% of 126 companies
in the Healthcare Providers & Services industry
Industry Median: 7.805 vs HKSE:02415: 1.39

MedSci Healthcare Holdings Net Cash per Share Historical Data

The historical data trend for MedSci Healthcare 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.

MedSci Healthcare Holdings Net Cash per Share Chart

MedSci Healthcare Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

0.24

-0.36

-0.53

1.96

MedSci Healthcare Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial			-0.36	-	-0.53	2.00	1.96

Competitive Comparison of MedSci Healthcare Holdings's Net Cash per Share

For the Health Information Services subindustry, MedSci Healthcare 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.

MedSci Healthcare Holdings's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MedSci Healthcare Holdings's Price-to-Net-Cash distribution charts can be found below:

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

MedSci Healthcare 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.

MedSci Healthcare 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)
=	(1241.314	-	191.654	-	0)	/	535.841
=	1.96

MedSci Healthcare 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)
=	(1241.314	-	191.654	-	0)	/	535.841
=	1.96

MedSci Healthcare Holdings (HKSE:02415) 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.

MedSci Healthcare Holdings Net Cash per Share Related Terms

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MedSci Healthcare Holdings (HKSE:02415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MedSci Healthcare Holdings Ltd (HKSE:02415) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258, Xinzhuan Road, 18th Floor, Building 34, Songjiang District, Shanghai, CHN

Website

https://ir.medsci.cn

MedSci Healthcare Holdings Ltd is an investment holding company. It operates online professional physician platforms in China. The principal activities of the Company are the provision of physician platform solutions, precision omni-channel marketing solutions, and real-world study solutions in the People's Republic of China.

Executives

Li Xinmei	2202 Interest of your spouse
Zhang Fabao	2201 Interest of corporation controlled by you
Dtx Health Limited	2101 Beneficial owner
Yu Jia	2201 Interest of corporation controlled by you
Dragon Step Ventures Limited	2101 Beneficial owner
Shanghai Qichang Investment Consulting Co., Ltd.	2201 Interest of corporation controlled by you
Suzhou Qicheng Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Suzhou Qiming Ronghe Venture Capital Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Image Frame Investment (hk) Limited
Tencent Holdings Limited
Microhealth Limited	2101 Beneficial owner
Hu Xubo	2201 Interest of corporation controlled by you
Meiyue Limited	2101 Beneficial owner

MedSci Healthcare Holdings (HKSE:02415) Headlines

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