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Jiangsu Polygee Environmental Technology Co (BJSE:832802) Net Cash per Share : ¥1.96 (As of Mar. 2024)


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What is Jiangsu Polygee Environmental Technology Co 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). Jiangsu Polygee Environmental Technology Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥1.96.

The historical rank and industry rank for Jiangsu Polygee Environmental Technology Co's Net Cash per Share or its related term are showing as below:

BJSE:832802' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.88   Med: 14.63   Max: 1290
Current: 4.56

During the past 11 years, the highest Price-to-Net-Cash Ratio of Jiangsu Polygee Environmental Technology Co was 1290.00. The lowest was 2.88. And the median was 14.63.

BJSE:832802's Price-to-Net-Cash is ranked better than
72.26% of 674 companies
in the Industrial Products industry
Industry Median: 8.225 vs BJSE:832802: 4.56

Jiangsu Polygee Environmental Technology Co Net Cash per Share Historical Data

The historical data trend for Jiangsu Polygee Environmental Technology Co'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.

Jiangsu Polygee Environmental Technology Co Net Cash per Share Chart

Jiangsu Polygee Environmental Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.46 0.69 0.92 2.14

Jiangsu Polygee Environmental Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.13 1.94 2.06 2.14 1.96

Competitive Comparison of Jiangsu Polygee Environmental Technology Co's Net Cash per Share

For the Pollution & Treatment Controls subindustry, Jiangsu Polygee Environmental Technology Co'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.


Jiangsu Polygee Environmental Technology Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Polygee Environmental Technology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Jiangsu Polygee Environmental Technology Co's Price-to-Net-Cash falls into.



Jiangsu Polygee Environmental Technology Co 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.

Jiangsu Polygee Environmental Technology Co's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(195.033-60.173-0)/63.0833
=2.14

Jiangsu Polygee Environmental Technology Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(179.181-55.352-0)/63.0833
=1.96

* 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.


Jiangsu Polygee Environmental Technology Co  (BJSE:832802) 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.


Jiangsu Polygee Environmental Technology Co Net Cash per Share Related Terms

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Jiangsu Polygee Environmental Technology Co (BJSE:832802) Business Description

Traded in Other Exchanges
N/A
Address
Jiangsu Yangtze River International Metallurgical Industrial Park, Jinfeng Town, Jiangsu Province, Zhangjiagang City, Suzhou City, CHN, 215600
Jiangsu Polygee Environmental Technology Co Ltd engages in research and development, production, and sales of electrostatic commercial oil fume purification equipment and electrostatic industrial oil fume purification equipment. It offers environmental protection equipment, organic waste gas purification equipment, waste gas purification equipment, textile machinery equipment, and mechanical parts.

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