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China TMK Battery Systems (China TMK Battery Systems) Net Cash per Share : $-38.78 (As of Sep. 2011)


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What is China TMK Battery Systems 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 TMK Battery Systems's Net Cash per Share for the quarter that ended in Sep. 2011 was $-38.78.

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

DFEL's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.31
* Ranked among companies with meaningful Price-to-Net-Cash only.

China TMK Battery Systems Net Cash per Share Historical Data

The historical data trend for China TMK Battery Systems'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 TMK Battery Systems Net Cash per Share Chart

China TMK Battery Systems Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Dec10
Net Cash per Share
- 0.25 0.07 -0.02 -31.25

China TMK Battery Systems Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -23.09 -31.25 -31.37 -29.64 -38.78

Competitive Comparison of China TMK Battery Systems's Net Cash per Share

For the Electrical Equipment & Parts subindustry, China TMK Battery Systems'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 TMK Battery Systems's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China TMK Battery Systems's Price-to-Net-Cash distribution charts can be found below:

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



China TMK Battery Systems 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 TMK Battery Systems's Net Cash per Share for the fiscal year that ended in Dec. 2010 is calculated as

Net Cash per Share (A: Dec. 2010 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.869-30.692-0)/0.9222
=-31.25

China TMK Battery Systems's Net Cash per Share for the quarter that ended in Sep. 2011 is calculated as

Net Cash per Share (Q: Sep. 2011 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(10.792-46.556-0)/0.9222
=-38.78

* 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 TMK Battery Systems  (OTCPK:DFEL) 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 TMK Battery Systems Net Cash per Share Related Terms

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China TMK Battery Systems (China TMK Battery Systems) Business Description

Traded in Other Exchanges
N/A
Address
Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390
China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

China TMK Battery Systems (China TMK Battery Systems) Headlines

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