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Dongfeng Motor Group Co (Dongfeng Motor Group Co) Net Current Asset Value : $0.01 (As of Dec. 2023)


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What is Dongfeng Motor Group Co Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Dongfeng Motor Group Co's net current asset value per share for the quarter that ended in Dec. 2023 was $0.01.

The historical rank and industry rank for Dongfeng Motor Group Co's Net Current Asset Value or its related term are showing as below:

DNFGF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.93   Med: 9.23   Max: 43.22
Current: 36.96

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Dongfeng Motor Group Co was 43.22. The lowest was 3.93. And the median was 9.23.

DNFGF's Price-to-Net-Current-Asset-Value is ranked worse than
90.27% of 668 companies
in the Vehicles & Parts industry
Industry Median: 4.895 vs DNFGF: 36.96

Dongfeng Motor Group Co Net Current Asset Value Historical Data

The historical data trend for Dongfeng Motor Group Co's Net Current Asset Value 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.

Dongfeng Motor Group Co Net Current Asset Value Chart

Dongfeng Motor Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.16 0.05 0.15 0.01

Dongfeng Motor Group Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Current Asset Value 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 0.05 0.21 0.15 0.13 0.01

Competitive Comparison of Dongfeng Motor Group Co's Net Current Asset Value

For the Auto Manufacturers subindustry, Dongfeng Motor Group Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Dongfeng Motor Group Co's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dongfeng Motor Group Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Dongfeng Motor Group Co's Price-to-Net-Current-Asset-Value falls into.



Dongfeng Motor Group Co Net Current Asset Value Calculation

Dongfeng Motor Group Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(25014.425-23958.573-955.435-0)/8302.25
=0.01

Dongfeng Motor Group Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(25014.425-23958.573-955.435-0)/8302.25
=0.01

* 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.


Dongfeng Motor Group Co  (OTCPK:DNFGF) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Dongfeng Motor Group Co Net Current Asset Value Related Terms

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Dongfeng Motor Group Co (Dongfeng Motor Group Co) Business Description

Traded in Other Exchanges
Address
Special No. 1 Dongfeng Road, Wuhan Economic and Technology Development Zone, Hubei, Wuhan, CHN, 430056
Dongfeng Motor Group Co Ltd is engaged in vehicle manufacturing, covering other complete business systems relating to automobiles such as R&D of automobiles, parts and equipment manufacturing, automobile finance, automobile sales, and travel business. The company's segments include commercial vehicles, passenger vehicles, financing services, and corporate and others. The majority of its revenue is generated from the Passenger vehicles segment.

Dongfeng Motor Group Co (Dongfeng Motor Group Co) Headlines

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