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China Runji Cement (China Runji Cement) Net Cash per Share : $-0.61 (As of Feb. 2011)


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What is China Runji Cement 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 Runji Cement's Net Cash per Share for the quarter that ended in Feb. 2011 was $-0.61.

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

CRJI's Price-to-Net-Cash is not ranked *
in the Building Materials industry.
Industry Median: 13.04
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Runji Cement Net Cash per Share Historical Data

The historical data trend for China Runji Cement'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 Runji Cement Net Cash per Share Chart

China Runji Cement Annual Data
Trend Jan06 Jan07 Aug08 Aug09 Aug10
Net Cash per Share
- - -0.58 -0.66 -0.62

China Runji Cement Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 -0.67 -0.69 -0.62 -0.68 -0.61

Competitive Comparison of China Runji Cement's Net Cash per Share

For the Building Materials subindustry, China Runji Cement'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 Runji Cement's Price-to-Net-Cash Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Runji Cement's Price-to-Net-Cash distribution charts can be found below:

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



China Runji Cement 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 Runji Cement's Net Cash per Share for the fiscal year that ended in Aug. 2010 is calculated as

Net Cash per Share (A: Aug. 2010 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.684-49.733-0)/78.8321
=-0.62

China Runji Cement's Net Cash per Share for the quarter that ended in Feb. 2011 is calculated as

Net Cash per Share (Q: Feb. 2011 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.453-49.656-0)/78.8321
=-0.61

* 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.


China Runji Cement  (GREY:CRJI) 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 Runji Cement Net Cash per Share Related Terms

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China Runji Cement (China Runji Cement) Business Description

Traded in Other Exchanges
N/A
Address
Xianzong town, Hanshan county, Chaohu, Anhui, CHN
Website
China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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