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SINA (SINA) Net Cash per Share : $-37.63 (As of Jun. 2020)


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What is SINA Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). SINA's Net Cash per Share for the quarter that ended in Jun. 2020 was $-37.63.

The historical rank and industry rank for SINA's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of SINA was 23.82. The lowest was 0.00. And the median was 23.82.

SINA's Price-to-Net-Cash is not ranked *
in the Interactive Media industry.
Industry Median: 6.1
* Ranked among companies with meaningful Price-to-Net-Cash only.

SINA Net Cash per Share Historical Data

The historical data trend for SINA's Net Cash per Share 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.

SINA Net Cash per Share Chart

SINA Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 2.70 5.66 -11.86 -28.14

SINA Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Net Cash per Share 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 -23.81 -25.51 -28.14 -33.34 -37.63

Competitive Comparison of SINA's Net Cash per Share

For the Internet Content & Information subindustry, SINA's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


SINA's Price-to-Net-Cash Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, SINA's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where SINA's Price-to-Net-Cash falls into.



SINA Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

SINA's Net Cash per Share for the fiscal year that ended in Dec. 2019 is calculated as

Net Cash per Share (A: Dec. 2019 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2903.839-3570.915-1259.432)/68.4502
=-28.14

SINA's Net Cash per Share for the quarter that ended in Jun. 2020 is calculated as

Net Cash per Share (Q: Jun. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2631.075-3533.447-1346.349)/59.754
=-37.63

* 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.


SINA  (NAS:SINA) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


SINA Net Cash per Share Related Terms

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SINA (SINA) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 10, the West Xibeiwang East Road, No. 8 SINA Plaza, Haidian District, Beijing, CHN, 100193
Sina is a leading online media company in China, established in 1998. In 2009, Sina launched the first Twitter-like social media platform in China, Weibo, which has reached 361 million monthly active users and 159 million daily active users. Sina holds 46% of shares and has 72% voting power in Weibo, and Alibaba holds 31.4% of shares and 14.8% voting power. About 85% of net revenue is from online advertising, with 29.5% from portal advertising and 55.4% from Weibo advertising.
Executives
Hurst Lin director
Yan Wang director
Benjamin S Tsiang officer: Executive Vice President
Pehong Chen director 460 SEAPORT COURT, SUITE 102, REDWOOD CITY CA 94063
Yongji Duan director NO 2 HAIDIAN ROAD C/O PATRICK NG ZHONGGUANCUN F4 00000
Ter Fung Tsao director 2988 CAMPUS DRIVE STE 100 SAN MATEO CA 94403
Yi Chen Zhang director 28/F CITIC TOWER 1 TIM MEI AVENUE HONG KONG K3 00000
Xiaotao Chen director C/O STONE ELECTRONIC TECHNOLOGY 27/F, K. WAH CENTRE, 191 JAVA ROAD NORTH POINT K3
Song-yi Zhang director C/O: 10/F, FUNG HOUSE, 19-20 CONNAUGHT ROAD CENTRAL, HONG KONG K3 -
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Charles Guowei Chao director, officer: CEO & President
Herman Yu officer: Acting Chief Financial Officer C/O SINA, 20F, IDEAL PLAZA NO. 58, NORTH 4TH RING ROAD WEST HAIDIAN DISTRICT, BE F4 100080
Daniel Chiang director
Shanda Interactive Entertainment Ltd 10 percent owner NO. 208 JULI ROAD PUDONG NEW AREA SHANGHAI F4 201203
Skyline Media Ltd 10 percent owner PALM GROVE HOUSE P.O. BOX 438 ROAD TOWN, TORTOLA D8 00000