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Hwa Create (SZSE:300045) Net Cash per Share : ¥-0.64 (As of Mar. 2024)


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What is Hwa Create 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). Hwa Create's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-0.64.

The historical rank and industry rank for Hwa Create'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 Hwa Create was 166.00. The lowest was 166.00. And the median was 166.00.

SZSE:300045's Price-to-Net-Cash is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.425
* Ranked among companies with meaningful Price-to-Net-Cash only.

Hwa Create Net Cash per Share Historical Data

The historical data trend for Hwa Create'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.

Hwa Create Net Cash per Share Chart

Hwa Create 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 -0.66 -0.67 -0.79 -0.26 -0.54

Hwa Create 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 -0.41 -0.58 -0.72 -0.54 -0.64

Competitive Comparison of Hwa Create's Net Cash per Share

For the Aerospace & Defense subindustry, Hwa Create'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.


Hwa Create's Price-to-Net-Cash Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hwa Create's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Hwa Create's Price-to-Net-Cash falls into.



Hwa Create 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.

Hwa Create'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)
=(291.225-639.382-9.325)/662.675
=-0.54

Hwa Create'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)
=(318.129-735.048-8.863)/662.675
=-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.


Hwa Create  (SZSE:300045) 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.


Hwa Create Net Cash per Share Related Terms

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Hwa Create (SZSE:300045) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Dongbeiwangxi Road, Chuangtong Technology Building, Building 18, Zhongguancun Software Park, Haidian District, Beijing, CHN, 100193
Hwa Create Corp is a China-based company engaged in the research and development, manufacturing, and sale of technologies and products of satellite navigation, radar and communication, navigation and communication antenna and embedded system. Its products are used in electromechanical industries of aviation, aerospace, ship and emulation training. The products of the company include Beidou satellite navigation chips, application modules, and their corresponding simulated test devices, designated antenna for satellite navigation, embedded modules and simulated test devices for radar and communication system, computer simulation and test platform for the electromechanical system, and computer simulation application development services.
Executives
Wang Wei Directors, executives
Wu Meng Bing Directors, executives
Xiong Yun Hong Director
Wang Qi Director
Zhang Hai Ying Independent director
Li Zong Li Director
Lu Jun Director
Chen Kang Executives
Liu Jie Hua Executives
Huang Jian Xin Executives
Fu Zheng Jun Executives
Huang Yu Bin Executives
Gao Xiao Li Directors, executives
Chen Yan Supervisors
Wang Ning Supervisors

Hwa Create (SZSE:300045) Headlines

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