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Tianjin Jinran Public Utilities Co (HKSE:01265) Net Cash per Share : HK$0.03 (As of Dec. 2024)


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What is Tianjin Jinran Public Utilities 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). Tianjin Jinran Public Utilities Co's Net Cash per Share for the quarter that ended in Dec. 2024 was HK$0.03.

The historical rank and industry rank for Tianjin Jinran Public Utilities Co's Net Cash per Share or its related term are showing as below:

HKSE:01265' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.37   Med: 2.54   Max: 8.03
Current: 5.77

During the past 13 years, the highest Price-to-Net-Cash Ratio of Tianjin Jinran Public Utilities Co was 8.03. The lowest was 1.37. And the median was 2.54.

HKSE:01265's Price-to-Net-Cash is ranked better than
58.97% of 39 companies
in the Utilities - Regulated industry
Industry Median: 6.95 vs HKSE:01265: 5.77

Tianjin Jinran Public Utilities Co Net Cash per Share Historical Data

The historical data trend for Tianjin Jinran Public Utilities 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.

Tianjin Jinran Public Utilities Co Net Cash per Share Chart

Tianjin Jinran Public Utilities Co 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 0.35 0.31 0.09 0.03 0.03

Tianjin Jinran Public Utilities Co 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 0.09 0.08 0.03 -0.08 0.03

Competitive Comparison of Tianjin Jinran Public Utilities Co's Net Cash per Share

For the Utilities - Regulated Gas subindustry, Tianjin Jinran Public Utilities 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.


Tianjin Jinran Public Utilities Co's Price-to-Net-Cash Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tianjin Jinran Public Utilities Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tianjin Jinran Public Utilities Co's Price-to-Net-Cash falls into.


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Tianjin Jinran Public Utilities 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.

Tianjin Jinran Public Utilities Co's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

Net Cash per Share (A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(741.808-690.899--0.754)/1839.308
=0.03

Tianjin Jinran Public Utilities Co's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

Net Cash per Share (Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(741.808-690.899--0.754)/1839.308
=0.03

* 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.


Tianjin Jinran Public Utilities Co  (HKSE:01265) 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.


Tianjin Jinran Public Utilities Co Net Cash per Share Related Terms

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Tianjin Jinran Public Utilities Co Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Nankai Fourth Road, 5th Floor, Court A, Nankai District, Tianjin, CHN
Tianjin Jinran Public Utilities Co Ltd is engaged in the sale of piped natural gas, the sale of natural gas appliances, natural gas pipeline grid connection, and natural gas transportation via pipelines, while principal operation activities include the sale and distribution of piped gas, the lease of pipelines, the operation and management of gas pipeline infrastructure, the sale and installation of gas appliances, the lease of self-owned buildings and facilities of gas stations. Its segments include Sales of piped gas; Gas connection; Gas transportation; Sales of gas appliances and others; and Gas pipeline rent. It derives the majority of the revenue from Sales of the piped gas segment.

Tianjin Jinran Public Utilities Co Headlines

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