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Evergrande Property Services Group (HKSE:06666) Net Cash per Share : HK$-0.65 (As of Dec. 2023)


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What is Evergrande Property Services Group 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). Evergrande Property Services Group's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.65.

The historical rank and industry rank for Evergrande Property Services Group'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 Evergrande Property Services Group was 24.03. The lowest was 24.03. And the median was 24.03.

HKSE:06666'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.

Evergrande Property Services Group Net Cash per Share Historical Data

The historical data trend for Evergrande Property Services Group'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.

Evergrande Property Services Group Net Cash per Share Chart

Evergrande Property Services Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -0.52 0.37 -1.06 -0.78 -0.65

Evergrande Property Services Group Semi-Annual Data
Dec17 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 -1.06 -0.91 -0.78 -0.73 -0.65

Competitive Comparison of Evergrande Property Services Group's Net Cash per Share

For the Real Estate Services subindustry, Evergrande Property Services Group'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.


Evergrande Property Services Group's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Evergrande Property Services Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Evergrande Property Services Group's Price-to-Net-Cash falls into.



Evergrande Property Services Group 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.

Evergrande Property Services Group'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)
=(2517.336-8998.743-532.436)/10810.8
=-0.65

Evergrande Property Services Group'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)
=(2517.336-8998.743-532.436)/10810.8
=-0.65

* 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.


Evergrande Property Services Group  (HKSE:06666) 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.


Evergrande Property Services Group Net Cash per Share Related Terms

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Evergrande Property Services Group (HKSE:06666) Business Description

Traded in Other Exchanges
Address
No. 78, Huangpu Avenue West, Third Compartment of Room 3101, Tianhe District, Guangdong, Guangzhou, CHN, 510660
Evergrande Property Services Group Ltd is a property management service providers in China. It manages a diverse portfolio of properties, including mid- to high-end residential properties, office buildings and commercial properties. Further, it also manages other types of properties such as theme parks, industrial parks, healthcare complexes, themed towns and schools, among others.
Executives
China Evergrande Group 2201 Interest of corporation controlled by you
Ding Yu Mei 2202 Interest of your spouse
Hui Ka Yan 2201 Interest of corporation controlled by you
Xin Xin (bvi) Limited 2201 Interest of corporation controlled by you
Anji (bvi) Limited 2201 Interest of corporation controlled by you
Ceg Holdings (bvi) Limited 2101 Beneficial owner
Shengjian (bvi) Limited 2201 Interest of corporation controlled by you

Evergrande Property Services Group (HKSE:06666) Headlines

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