China Mining (ASX:CMF) Net Cash per Share : A$0.00 (As of . 20)

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

What is China Mining 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). China Mining's Net Cash per Share for the quarter that ended in . 20 was A$0.00.

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

ASX:CMF's Price-to-Net-Cash is not ranked ^*
in the Metals & Mining industry.
Industry Median: 5.24
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Mining Net Cash per Share Historical Data

The historical data trend for China Mining'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.

China Mining Net Cash per Share Chart

China Mining Annual Data

Trend

Net Cash per Share

China Mining Quarterly Data

Net Cash per Share

Competitive Comparison of China Mining's Net Cash per Share

For the Gold subindustry, China Mining'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.

China Mining's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Mining's Price-to-Net-Cash distribution charts can be found below:

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

China Mining 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.

China Mining's Net Cash per Share for the fiscal year that ended in . 20 is calculated as

	Net Cash per Share (A: . 20 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(	-	N/A	-	)	/	0
=	N/A

China Mining's Net Cash per Share for the quarter that ended in . 20 is calculated as

	Net Cash per Share (Q: . 20 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(	-	N/A	-	)	/	0
=	N/A

China Mining (ASX:CMF) 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.

China Mining Net Cash per Share Related Terms

Thank you for viewing the detailed overview of China Mining's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

China Mining (ASX:CMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Mining Ltd (ASX:CMF) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.chinamininggroup.com

China Mining Ltd was incorporated on 27 January 2011 with the purpose of establishing a mineral exploration and mining company, as well as seeking opportunities to assist Chinese investors to invest in overseas mining projects. The Company's focus will initially be on its Yarri Range Project for gold exploration in Western Australia. Yarri Range Project comprises 2 exploration licences E31/859 and E31/887 with a total area of 97.2 sq km for gold exploration. The Project is located in the Eastern Goldfields of Western Australia, approximately 170 km northeast of Kalgoorlie around the Laverton Tectonic Zone, a gold mining fields, estimated to contain over 22 million ounces of gold with deposits such as Sunrise Dam (8.0 Moz), Wallaby (8.0 Moz), Granny Smith (2.5 Moz) and Mt Morgans (1.3 Moz).