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Yangzijiang Financial Holding (SGX:YF8) Net Cash per Share : S$0.64 (As of Dec. 2023)


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What is Yangzijiang Financial 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). Yangzijiang Financial Holding's Net Cash per Share for the quarter that ended in Dec. 2023 was S$0.64.

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

SGX:YF8' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.5   Med: 0.51   Max: 0.51
Current: 0.51

During the past 5 years, the highest Price-to-Net-Cash Ratio of Yangzijiang Financial Holding was 0.51. The lowest was 0.50. And the median was 0.51.

SGX:YF8's Price-to-Net-Cash is ranked better than
96.78% of 497 companies
in the Asset Management industry
Industry Median: 6.68 vs SGX:YF8: 0.51

Yangzijiang Financial Holding Net Cash per Share Historical Data

The historical data trend for Yangzijiang Financial 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.

Yangzijiang Financial Holding Net Cash per Share Chart

Yangzijiang Financial Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
0.54 0.68 0.84 0.71 0.64

Yangzijiang Financial Holding Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial 0.84 0.67 0.71 0.62 0.64

Competitive Comparison of Yangzijiang Financial Holding's Net Cash per Share

For the Asset Management subindustry, Yangzijiang Financial 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.


Yangzijiang Financial Holding's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Yangzijiang Financial Holding's Price-to-Net-Cash distribution charts can be found below:

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



Yangzijiang Financial 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.

Yangzijiang Financial 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)
=(2656.004-262.456-77.487)/3597.88
=0.64

Yangzijiang Financial 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)
=(2656.004-262.456-77.487)/3597.88
=0.64

* 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.


Yangzijiang Financial Holding  (SGX:YF8) 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.


Yangzijiang Financial Holding Net Cash per Share Related Terms

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Yangzijiang Financial Holding (SGX:YF8) Business Description

Traded in Other Exchanges
Address
9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619
Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

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