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Haimo Technologies Group (SZSE:300084) Net Cash per Share : ¥-1.79 (As of Mar. 2024)


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What is Haimo Technologies 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). Haimo Technologies Group's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-1.79.

The historical rank and industry rank for Haimo Technologies Group'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 Haimo Technologies Group was 20.96. The lowest was 20.96. And the median was 20.96.

SZSE:300084's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.515
* Ranked among companies with meaningful Price-to-Net-Cash only.

Haimo Technologies Group Net Cash per Share Historical Data

The historical data trend for Haimo Technologies 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.

Haimo Technologies Group Net Cash per Share Chart

Haimo Technologies Group 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 -2.36 -2.33 -2.14 -2.37 -1.95

Haimo Technologies Group 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 -2.24 -2.16 -2.09 -1.95 -1.79

Competitive Comparison of Haimo Technologies Group's Net Cash per Share

For the Oil & Gas Equipment & Services subindustry, Haimo Technologies 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.


Haimo Technologies Group's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Haimo Technologies Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Haimo Technologies Group's Price-to-Net-Cash falls into.



Haimo Technologies 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.

Haimo Technologies 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)
=(214.644-970.784-11.085)/393.796
=-1.95

Haimo Technologies Group'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)
=(205.479-900.717-11.007)/393.796
=-1.79

* 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.


Haimo Technologies Group  (SZSE:300084) 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.


Haimo Technologies Group Net Cash per Share Related Terms

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Haimo Technologies Group (SZSE:300084) Business Description

Traded in Other Exchanges
N/A
Address
No. 593, Zhang Sutan, Chengguan District, Gansu Province, Lanzhou, CHN, 730010
Haimo Technologies Group Corp is engaged in energy production, equipment supply, environmental protection, and data management and production optimization services. The company also offers multi-phase metering services to oil field service companies. The products and services of the company include fracturing equipment and services, environmental protection equipment and services, and integrated production optimization services.
Executives
Su Zhan Cai Directors, executives
Ma Jun Executives
Dou Jian Wen Executives, directors
Wu Rui Rui Securities Affairs Representative
Li Jian Guo Directors, executives
Zhou Jian Feng Director
Zhang Li Qiang Directors, Directors, and Executives
Chen Ji Ge Directors, executives
Lu Yi Xin Executives
Wang Zhen Gang Supervisors
Long Li Juan Supervisors
Guo Shen Director
He Gong An Executives
Pan Zhao Bai Executives

Haimo Technologies Group (SZSE:300084) Headlines

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