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Wanda Film Holding Co (SZSE:002739) Net Current Asset Value : ¥-3.94 (As of Mar. 2024)


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What is Wanda Film Holding 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).

Wanda Film Holding Co's net current asset value per share for the quarter that ended in Mar. 2024 was ¥-3.94.

The historical rank and industry rank for Wanda Film Holding Co's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wanda Film Holding Co was 81.63. The lowest was 27.89. And the median was 50.78.

SZSE:002739's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 3.33
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Wanda Film Holding Co Net Current Asset Value Historical Data

The historical data trend for Wanda Film Holding 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.

Wanda Film Holding Co Net Current Asset Value Chart

Wanda Film Holding 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 -1.60 -5.11 -4.85 -5.28 -4.37

Wanda Film Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.91 -4.77 -4.21 -4.37 -3.94

Competitive Comparison of Wanda Film Holding Co's Net Current Asset Value

For the Entertainment subindustry, Wanda Film Holding 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.


Wanda Film Holding Co's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wanda Film Holding Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Wanda Film Holding Co's Price-to-Net-Current-Asset-Value falls into.



Wanda Film Holding Co Net Current Asset Value Calculation

Wanda Film Holding 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)
=(7578.895-16949.955-145.265-0)/2179.37
=-4.37

Wanda Film Holding Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(7310.833-15741.096-146.362-0)/2179.37
=-3.94

* 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.


Wanda Film Holding Co  (SZSE:002739) 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.


Wanda Film Holding Co Net Current Asset Value Related Terms

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Wanda Film Holding Co (SZSE:002739) Business Description

Traded in Other Exchanges
N/A
Address
No. 93 Jianguo Road, Tower B, Wanda Plaza, Chaoyang District, Beijing, CHN, 100022
Wanda Film Holding Co Ltd operates and manages cinema in China. Its business activities include cinema investment, and construction of cinemas, film distribution, film screening, rental of commercial facilities, ticketing agent, graphic design and advertising. It is also engaged in the theater-related derivatives businesses, including the sale of goods and food and drinks, as well as advertising publishing.
Executives
Yin Xiang Jin Director
Huang Shuo Executives
Liu Xiao Bin Directors, executives
Wang Hui Wu Secretary, Director
Ceng Mao Jun Directors, executives
Ceng Guang Executives
Bo Yi Fei Executives
Bao Wen Executives

Wanda Film Holding Co (SZSE:002739) Headlines

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