GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Midland Holdings Ltd (HKSE:01200) » Definitions » Net Cash per Share

Midland Holdings (HKSE:01200) Net Cash per Share : HK$-4.95 (As of Jun. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Midland Holdings 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). Midland Holdings's Net Cash per Share for the quarter that ended in Jun. 2024 was HK$-4.95.

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

HKSE:01200's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.96
* Ranked among companies with meaningful Price-to-Net-Cash only.

Midland Holdings Net Cash per Share Historical Data

The historical data trend for Midland Holdings'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.

Midland Holdings Net Cash per Share Chart

Midland Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.18 -5.11 -3.75 -3.32 -4.19

Midland Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -3.75 -3.98 -3.32 -4.95 -4.19

Competitive Comparison of Midland Holdings's Net Cash per Share

For the Real Estate Services subindustry, Midland Holdings'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.


Midland Holdings's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Midland Holdings's Price-to-Net-Cash distribution charts can be found below:

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


;
;

Midland Holdings 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.

Midland Holdings'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)
=(532.147-2911.996-0)/717.086
=-3.32

Midland Holdings's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(664.582-4212.571-0)/717.086
=-4.95

* 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.


Midland Holdings  (HKSE:01200) 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.


Midland Holdings Net Cash per Share Related Terms

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


Midland Holdings Business Description

Traded in Other Exchanges
N/A
Address
19 Des Voeux Road Central, Room 2505-8, 25th Floor, World Wide House, Hong Kong, HKG
Midland Holdings Ltd is an investment holding company principally engaged in the provision of property agency services for residential, commercial, and industrial properties and shops. The company is also engaged in the leasing of property, the operation of an Internet Website, and the provision of immigration consultancy services, administration, and treasury services to group companies, as well as professional surveying consultancy and valuation services in Hong Kong through its subsidiaries. It generates the majority of its revenue from the Residential properties segment.
Executives
Lam Yuen Hing 2101 Beneficial owner
Massachusetts Financial Services Company 2102 Investment manager
Sun Life Financial Inc. 2201 Interest of corporation controlled by you
Sun Life Of Canada (u.s.) Financial Services Holdings, Inc. 2201 Interest of corporation controlled by you
Southern Field Trading Limited 2201 Interest of corporation controlled by you
Sunluck Services Limited 2101 Beneficial owner
Tang Mei Lai Metty
Wong Kin Yip Freddie 2201 Interest of corporation controlled by you
Edgbaston Investment Partners Llp 2102 Investment manager
Hosking Partners Llp 2102 Investment manager

Midland Holdings Headlines

No Headlines