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Aotecar New Energy Technology Co (SZSE:002239) Net Cash per Share : ¥-1.51 (As of Mar. 2024)


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What is Aotecar New Energy Technology Co 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). Aotecar New Energy Technology Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-1.51.

The historical rank and industry rank for Aotecar New Energy Technology Co'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 Aotecar New Energy Technology Co was 195.00. The lowest was 8.77. And the median was 60.80.

SZSE:002239's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.645
* Ranked among companies with meaningful Price-to-Net-Cash only.

Aotecar New Energy Technology Co Net Cash per Share Historical Data

The historical data trend for Aotecar New Energy Technology Co'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.

Aotecar New Energy Technology Co Net Cash per Share Chart

Aotecar New Energy Technology Co 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 -0.71 -0.82 -1.05 -1.34 -1.55

Aotecar New Energy Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.33 -1.31 -1.44 -1.55 -1.51

Competitive Comparison of Aotecar New Energy Technology Co's Net Cash per Share

For the Auto Parts subindustry, Aotecar New Energy Technology Co'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.


Aotecar New Energy Technology Co's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aotecar New Energy Technology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Aotecar New Energy Technology Co's Price-to-Net-Cash falls into.



Aotecar New Energy Technology Co 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.

Aotecar New Energy Technology Co'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)
=(2231.623-7117.001-125.675)/3243.26
=-1.55

Aotecar New Energy Technology Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2122.647-6899.725-124.158)/3243.26
=-1.51

* 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.


Aotecar New Energy Technology Co  (SZSE:002239) 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.


Aotecar New Energy Technology Co Net Cash per Share Related Terms

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Aotecar New Energy Technology Co (SZSE:002239) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Wenchang Road, High-tech Industrial Development Zone, Jiangsu Province, Nantong, CHN, 226300
Aotecar New Energy Technology Co Ltd is engaged in automotive thermal management system technology development, product production and sales. It offers automotive air conditioning compressors, automotive air conditioning systems, and engines. The company's main products include automotive air-conditioning compressors, automotive air-conditioning systems and related technical solutions.

Aotecar New Energy Technology Co (SZSE:002239) Headlines

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