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Sarawak Consolidated Industries Bhd (XKLS:9237) Net-Net Working Capital : RM-0.04 (As of Dec. 2023)


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What is Sarawak Consolidated Industries Bhd 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.

Sarawak Consolidated Industries Bhd's Net-Net Working Capital for the quarter that ended in Dec. 2023 was RM-0.04.

The industry rank for Sarawak Consolidated Industries Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:9237's Price-to-Net-Net-Working-Capital is not ranked *
in the Building Materials industry.
Industry Median: 9.94
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sarawak Consolidated Industries Bhd Net-Net Working Capital Historical Data

The historical data trend for Sarawak Consolidated Industries Bhd'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.

Sarawak Consolidated Industries Bhd Net-Net Working Capital Chart

Sarawak Consolidated Industries Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.06 -0.32 -0.04 -0.04

Sarawak Consolidated Industries Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.01 -0.01 -0.04 -0.04 -0.04

Competitive Comparison of Sarawak Consolidated Industries Bhd's Net-Net Working Capital

For the Building Materials subindustry, Sarawak Consolidated Industries Bhd'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.


Sarawak Consolidated Industries Bhd's Price-to-Net-Net-Working-Capital Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sarawak Consolidated Industries Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Sarawak Consolidated Industries Bhd's Price-to-Net-Net-Working-Capital falls into.



Sarawak Consolidated Industries Bhd Net-Net Working Capital Calculation

Sarawak Consolidated Industries Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(34.903+0.75 * 44.757+0.5 * 22.736-105.224
-0-0.865)/640.241
=-0.04

Sarawak Consolidated Industries Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.698+0.75 * 71.338+0.5 * 21.868-116.536
-0-0.952)/640.241
=-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.


Sarawak Consolidated Industries Bhd  (XKLS:9237) 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.


Sarawak Consolidated Industries Bhd Net-Net Working Capital Related Terms

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Sarawak Consolidated Industries Bhd (XKLS:9237) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1258, Jalan Utama, Pending Industrial Estate, Kuching, SWK, MYS, 93450
Sarawak Consolidated Industries Bhd is an investment holding company. The company's business segments are manufacturing, property trading, Corporate and Construction/EPCC/Project Management Segment. It generates maximum revenue from the Manufacturing segment. Manufacturing Segment involved in the manufacturing and sale of precast concrete pipes, prestressed spun concrete piles and other related concrete products as well as the manufacturing, supplying and installations of prefabricated Lightweight Systems products. Geographically it derives majority of revenue from Malaysia and also in presence in Indonesia, Oman and Qatar.

Sarawak Consolidated Industries Bhd (XKLS:9237) Headlines

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