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Leader Education (HKSE:01449) Net Cash per Share : HK$-1.66 (As of Feb. 2024)


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What is Leader Education 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). Leader Education's Net Cash per Share for the quarter that ended in Feb. 2024 was HK$-1.66.

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

HKSE:01449's Price-to-Net-Cash is not ranked *
in the Education industry.
Industry Median: 6.15
* Ranked among companies with meaningful Price-to-Net-Cash only.

Leader Education Net Cash per Share Historical Data

The historical data trend for Leader Education'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.

Leader Education Net Cash per Share Chart

Leader Education Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Cash per Share
Get a 7-Day Free Trial -1.64 -1.23 -1.52 -1.56 -1.65

Leader Education Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -1.66 -1.56 -1.59 -1.65 -1.66

Competitive Comparison of Leader Education's Net Cash per Share

For the Education & Training Services subindustry, Leader Education'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.


Leader Education's Price-to-Net-Cash Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Leader Education's Price-to-Net-Cash distribution charts can be found below:

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



Leader Education 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.

Leader Education's Net Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as

Net Cash per Share (A: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(292.356-1389.48--0.016)/666.667
=-1.65

Leader Education's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(363.93-1473.39--0.022)/666.667
=-1.66

* 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.


Leader Education  (HKSE:01449) 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.


Leader Education Net Cash per Share Related Terms

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Leader Education (HKSE:01449) Business Description

Traded in Other Exchanges
N/A
Address
Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025
Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Shuren Education Limited 2101 Beneficial owner
Dong Ling 2201 Interest of corporation controlled by you
Liu Laixiang 2202 Interest of your spouse
Junhua Education Limited 2101 Beneficial owner

Leader Education (HKSE:01449) Headlines

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