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Edvantage Group Holdings (HKSE:00382) Net Current Asset Value : HK$-2.42 (As of Feb. 2025)


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What is Edvantage Group Holdings 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).

Edvantage Group Holdings's net current asset value per share for the quarter that ended in Feb. 2025 was HK$-2.42.

The historical rank and industry rank for Edvantage Group Holdings's Net Current Asset Value or its related term are showing as below:

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Edvantage Group Holdings was 15.17. The lowest was 15.17. And the median was 15.17.

HKSE:00382's Price-to-Net-Current-Asset-Value is not ranked *
in the Education industry.
Industry Median: 5.72
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Edvantage Group Holdings Net Current Asset Value Historical Data

The historical data trend for Edvantage Group Holdings'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.

Edvantage Group Holdings Net Current Asset Value Chart

Edvantage Group Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -0.38 -2.52 -2.74 -2.68 -2.46

Edvantage Group Holdings Semi-Annual Data
Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 -2.98 -2.68 -2.61 -2.46 -2.42

Competitive Comparison of Edvantage Group Holdings's Net Current Asset Value

For the Education & Training Services subindustry, Edvantage Group Holdings'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.


Edvantage Group Holdings's Price-to-Net-Current-Asset-Value Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Edvantage Group Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Edvantage Group Holdings's Price-to-Net-Current-Asset-Value falls into.


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Edvantage Group Holdings Net Current Asset Value Calculation

Edvantage Group Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2024 is calculated as

Net Current Asset Value Per Share(A: Aug. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2686.572-4639.587-853.246-0)/1142.276
=-2.46

Edvantage Group Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2025 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2400.389-4370.598-876.339-0)/1178.230
=-2.42

* 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.


Edvantage Group Holdings  (HKSE:00382) 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.


Edvantage Group Holdings Net Current Asset Value Related Terms

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Edvantage Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN
Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service. Higher education accounted for about 86% of revenue in fiscal 2024.
Executives
Chen Yuan Rita 2201 Interest of corporation controlled by you
Liu Yung Chau 2201 Interest of corporation controlled by you
De Bo Jiao Yu Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner

Edvantage Group Holdings Headlines

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