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Vinacomin - Power Holding (HSTC:DTK) Net-Net Working Capital : ₫-5,587.29 (As of Mar. 2024)


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What is Vinacomin - Power Holding 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.

Vinacomin - Power Holding's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₫-5,587.29.

The industry rank for Vinacomin - Power Holding's Net-Net Working Capital or its related term are showing as below:

HSTC:DTK's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.12
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vinacomin - Power Holding Net-Net Working Capital Historical Data

The historical data trend for Vinacomin - Power Holding'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.

Vinacomin - Power Holding Net-Net Working Capital Chart

Vinacomin - Power Holding Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
-11,814.43 -8,327.44 -6,336.86

Vinacomin - Power Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -7,641.90 -7,268.68 -7,091.73 -6,336.86 -5,587.29

Competitive Comparison of Vinacomin - Power Holding's Net-Net Working Capital

For the Utilities - Renewable subindustry, Vinacomin - Power Holding'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.


Vinacomin - Power Holding's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vinacomin - Power Holding's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Vinacomin - Power Holding's Price-to-Net-Net-Working-Capital falls into.



Vinacomin - Power Holding Net-Net Working Capital Calculation

Vinacomin - Power Holding's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(721920.867+0.75 * 4210645.232+0.5 * 314040.745-8346544.627
-0-16982.667)/682.767
=-6,336.86

Vinacomin - Power Holding's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1029968.692+0.75 * 4074179.465+0.5 * 363791.289-8066635.721
-0-15677.533)/682.767
=-5,587.29

* 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.


Vinacomin - Power Holding  (HSTC:DTK) 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.


Vinacomin - Power Holding Net-Net Working Capital Related Terms

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Vinacomin - Power Holding (HSTC:DTK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No 78 Duy Tan street, Dich Vong Hiep ward, 2 floor, Sannam building, Cau Giay district, Ha Noi, VNM
Vinacomin - Power Holding Corp is engaged in production, transmission, and selling of electricity. The company invests, constructs, exploits and operates thermal power plants, hydropower plants, electricity using new energy, renewable energy and power grids, power supply systems.

Vinacomin - Power Holding (HSTC:DTK) Headlines

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