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Wealthink AI-Innovation Capital (HKSE:01140) Net Cash per Share : HK$-0.04 (As of Sep. 2024)


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What is Wealthink AI-Innovation Capital Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Wealthink AI-Innovation Capital's Net Cash per Share for the quarter that ended in Sep. 2024 was HK$-0.04.

The historical rank and industry rank for Wealthink AI-Innovation Capital's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of Wealthink AI-Innovation Capital was 19.75. The lowest was 1.34. And the median was 2.36.

HKSE:01140's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.88
* Ranked among companies with meaningful Price-to-Net-Cash only.

Wealthink AI-Innovation Capital Net Cash per Share Historical Data

The historical data trend for Wealthink AI-Innovation Capital'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.

Wealthink AI-Innovation Capital Net Cash per Share Chart

Wealthink AI-Innovation Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.27 -0.45 -0.12 -0.14

Wealthink AI-Innovation Capital Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -0.15 -0.12 -0.12 -0.14 -0.04

Competitive Comparison of Wealthink AI-Innovation Capital's Net Cash per Share

For the Asset Management subindustry, Wealthink AI-Innovation Capital'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.


Wealthink AI-Innovation Capital's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Wealthink AI-Innovation Capital's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Wealthink AI-Innovation Capital's Price-to-Net-Cash falls into.


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Wealthink AI-Innovation Capital 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.

Wealthink AI-Innovation Capital's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(45.006+0-1509.777-0)/10520.325
=-0.14

Wealthink AI-Innovation Capital's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(87.361+0-519.262-0)/10520.325
=-0.04

* 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.


Wealthink AI-Innovation Capital  (HKSE:01140) 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.


Wealthink AI-Innovation Capital Net Cash per Share Related Terms

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Wealthink AI-Innovation Capital Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, Room 3910-13, 39th Floor, COSCO Building, Grand Millennium Plaza, Hong Kong, HKG
Wealthink AI-Innovation Capital Ltd is a cross-border and cross-sector investment company. Wealthking has a capability of investment, financing and industry consolidation, while its investment portfolios cover many listed and unlisted companies across geographies and industries. The principal investment objective is to achieve earnings for the Company in the form of medium to long-term capital appreciation through investing in a diversified portfolio of worldwide investments in listed and unlisted enterprises. Geographically it generates majority of the revenue from Hong Kong Followed by Mainland China and United states.
Executives
Ming Yang Capital Limited 2201 Interest of corporation controlled by you
Tycoon Champ Limited 2201 Interest of corporation controlled by you
Yang Fan 2201 Interest of corporation controlled by you
Marvel Champion Investment Limited 2101 Beneficial owner
Gofintech Innovation Limited 2201 Interest of corporation controlled by you
Liu Zhiwei 2101 Beneficial owner
Bright Victory International Limited 2101 Beneficial owner
Tongchuang Holdings Limited 2201 Interest of corporation controlled by you
Tongchuang Jiuding Investment Holding Co. Ltd. 2201 Interest of corporation controlled by you
Tongchuangjiuding Investment Management Group Co., Ltd. 2201 Interest of corporation controlled by you
Wu Gang 2201 Interest of corporation controlled by you
Chen Jiabin 2201 Interest of corporation controlled by you
Yang Fang 2201 Interest of corporation controlled by you
Blossom International Investment Holdings Limited 2201 Interest of corporation controlled by you
Acorn Harvest Holdings Limited 2101 Beneficial owner

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