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YuanShengTai Dairy Farm (HKSE:01431) Net Cash per Share : HK$-0.60 (As of Dec. 2023)


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What is YuanShengTai Dairy Farm 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). YuanShengTai Dairy Farm's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.60.

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

During the past 12 years, the highest Price-to-Net-Cash Ratio of YuanShengTai Dairy Farm was 18.75. The lowest was 2.43. And the median was 4.29.

HKSE:01431's Price-to-Net-Cash is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 9.86
* Ranked among companies with meaningful Price-to-Net-Cash only.

YuanShengTai Dairy Farm Net Cash per Share Historical Data

The historical data trend for YuanShengTai Dairy Farm'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.

YuanShengTai Dairy Farm Net Cash per Share Chart

YuanShengTai Dairy Farm Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.04 -0.18 -0.49 -0.60

YuanShengTai Dairy Farm Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 -0.18 -0.28 -0.49 -0.46 -0.60

Competitive Comparison of YuanShengTai Dairy Farm's Net Cash per Share

For the Farm Products subindustry, YuanShengTai Dairy Farm'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.


YuanShengTai Dairy Farm's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, YuanShengTai Dairy Farm's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where YuanShengTai Dairy Farm's Price-to-Net-Cash falls into.



YuanShengTai Dairy Farm 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.

YuanShengTai Dairy Farm'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)
=(1126.538-3918.066-0)/4690.5
=-0.60

YuanShengTai Dairy Farm's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1126.538-3918.066-0)/4690.5
=-0.60

* 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.


YuanShengTai Dairy Farm  (HKSE:01431) 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.


YuanShengTai Dairy Farm Net Cash per Share Related Terms

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YuanShengTai Dairy Farm (HKSE:01431) Business Description

Traded in Other Exchanges
N/A
Address
Qingxiang Street, Kedong County, Heilongjiang Province, Qiqihar, CHN
YuanShengTai Dairy Farm Ltd is a China-based dairy farming company. Along with its subsidiaries, it principally engages in the production and sale of milk in the People's Republic of China. Its dairy farms are in Heilongjiang and Jilin province, which includes Gannan Oumei Farm, Kedong Oumei Farm, Kedong YST Farm, Zhenlai Farm Phase I, Kedong Yongjin Farm, Baiquan Ruixincheng Farm, and Keshan Farm. The group generates revenue from its operations mainly in Mainland China.
Executives
Leng Youbin 2201 Interest of corporation controlled by you
China Feihe Limited 2101 Beneficial owner
Garland Glory Holdings Limited 2201 Interest of corporation controlled by you
Harneys Trustees Limited 2301 Trustee
Lyb International Holding Limited 2201 Interest of corporation controlled by you

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