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Shinko Electric Industries Co (TSE:6967) Net Cash per Share : 円-340.19 (As of Mar. 2024)


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What is Shinko Electric Industries 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). Shinko Electric Industries Co's Net Cash per Share for the quarter that ended in Mar. 2024 was 円-340.19.

The historical rank and industry rank for Shinko Electric Industries 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 Shinko Electric Industries Co was 70.81. The lowest was 20.01. And the median was 45.41.

TSE:6967's Price-to-Net-Cash is not ranked *
in the Semiconductors industry.
Industry Median: 10.805
* Ranked among companies with meaningful Price-to-Net-Cash only.

Shinko Electric Industries Co Net Cash per Share Historical Data

The historical data trend for Shinko Electric Industries 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.

Shinko Electric Industries Co Net Cash per Share Chart

Shinko Electric Industries Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -189.78 -329.61 -355.24 -145.04 -340.19

Shinko Electric Industries 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 -145.04 -145.52 -232.15 -335.52 -340.19

Competitive Comparison of Shinko Electric Industries Co's Net Cash per Share

For the Semiconductor Equipment & Materials subindustry, Shinko Electric Industries 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.


Shinko Electric Industries Co's Price-to-Net-Cash Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shinko Electric Industries Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shinko Electric Industries Co's Price-to-Net-Cash falls into.



Shinko Electric Industries 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.

Shinko Electric Industries Co's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(82807-128773-0)/135.117
=-340.19

Shinko Electric Industries 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)
=(82807-128773-0)/135.117
=-340.19

* 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.


Shinko Electric Industries Co  (TSE:6967) 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.


Shinko Electric Industries Co Net Cash per Share Related Terms

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Shinko Electric Industries Co (TSE:6967) Business Description

Traded in Other Exchanges
Address
80, Oshimada-machi, Nagano-shi, Nagano, JPN, 381-2287
Shinko Electric Industries Co Ltd is an integrated manufacturer of semiconductor packages. It houses eight core technologies that include hermetic seal technology, ceramic technology, multilayer build-up technology, integrated circuit assembly technology, and many others. Integrated circuit packages are the leading revenue generator, but hermetic seal tech is the traditional offering from Shinko. It connects glass and ceramics to various metals and is used in areas such as semiconductor lasers, and sensors for in-car use. The company also produces simulation technology that encompasses signal and power integrity of high-speed transmission lines and other solutions needed for high-performance semiconductor packages. Offices are located globally to serve a host of different industries.

Shinko Electric Industries Co (TSE:6967) Headlines

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