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AIA Group (HKSE:01299) Net Cash per Share : HK$-99.72 (As of Dec. 2023)


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What is AIA Group 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). AIA Group's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-99.72.

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

HKSE:01299's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 4.47
* Ranked among companies with meaningful Price-to-Net-Cash only.

AIA Group Net Cash per Share Historical Data

The historical data trend for AIA Group'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.

AIA Group Net Cash per Share Chart

AIA Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.77 -59.09 -73.07 -87.39 -99.72

AIA Group Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -73.07 -80.14 -87.39 -96.49 -99.72

Competitive Comparison of AIA Group's Net Cash per Share

For the Insurance - Life subindustry, AIA Group'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.


AIA Group's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AIA Group's Price-to-Net-Cash distribution charts can be found below:

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



AIA Group 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.

AIA Group's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(90007.945+692041.998-1911253.305-3772.133)/11361.8
=-99.72

AIA Group's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(90007.945+692041.998-1911253.305-3772.133)/11361.8
=-99.72

* 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.


AIA Group  (HKSE:01299) 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.


AIA Group Net Cash per Share Related Terms

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AIA Group (HKSE:01299) Business Description

Traded in Other Exchanges
Address
No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG
AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group (HKSE:01299) Headlines

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