GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » International Business Settlement Holdings Ltd (HKSE:00147) » Definitions » Net-Net Working Capital

International Business Settlement Holdings (HKSE:00147) Net-Net Working Capital : HK$-0.04 (As of Sep. 2023)


View and export this data going back to 1988. Start your Free Trial

What is International Business Settlement Holdings Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

International Business Settlement Holdings's Net-Net Working Capital for the quarter that ended in Sep. 2023 was HK$-0.04.

The industry rank for International Business Settlement Holdings's Net-Net Working Capital or its related term are showing as below:

HKSE:00147's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.26
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

International Business Settlement Holdings Net-Net Working Capital Historical Data

The historical data trend for International Business Settlement Holdings's Net-Net Working Capital 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.

International Business Settlement Holdings Net-Net Working Capital Chart

International Business Settlement Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.03 -0.05 -0.05 -0.05

International Business Settlement Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net-Net Working Capital 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 -0.05 -0.06 -0.05 -0.04

Competitive Comparison of International Business Settlement Holdings's Net-Net Working Capital

For the Real Estate - Development subindustry, International Business Settlement Holdings's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


International Business Settlement Holdings's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, International Business Settlement Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where International Business Settlement Holdings's Price-to-Net-Net-Working-Capital falls into.



International Business Settlement Holdings Net-Net Working Capital Calculation

International Business Settlement Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(268.997+0.75 * 42.482+0.5 * 1057.537-1755.839
-0-32.78)/20319.1
=-0.05

International Business Settlement Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(331.918+0.75 * 56.607+0.5 * 947.785-1731.512
-0-30.818)/20319.1
=-0.04

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.


International Business Settlement Holdings  (HKSE:00147) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


International Business Settlement Holdings Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of International Business Settlement Holdings's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


International Business Settlement Holdings (HKSE:00147) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Unit 3103, 31st Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
International Business Settlement Holdings Ltd is an investment holding company. The company's operating segments include Property development; Hotel business; International business settlement; Contact lens business; Leasing and trading of computer equipment business and Financing business. It generates maximum revenue from the Property development segment which includes developing and selling commercial and residential properties, and car parking spaces including undertaking primary land development activities, in the PRC. Geographically, it derives a majority of its revenue from PRC.
Executives
Long Grand Limited 2101 Beneficial owner
Yam Yu 2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd. 2201 Interest of corporation controlled by you

International Business Settlement Holdings (HKSE:00147) Headlines

No Headlines