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Cheshi Technology (HKSE:01490) Net Cash per Share : HK$0.32 (As of Dec. 2023)


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What is Cheshi Technology 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). Cheshi Technology's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.32.

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

HKSE:01490' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.43   Med: 0.7   Max: 3.33
Current: 0.81

During the past 7 years, the highest Price-to-Net-Cash Ratio of Cheshi Technology was 3.33. The lowest was 0.43. And the median was 0.70.

HKSE:01490's Price-to-Net-Cash is ranked better than
95.36% of 237 companies
in the Media - Diversified industry
Industry Median: 5.7 vs HKSE:01490: 0.81

Cheshi Technology Net Cash per Share Historical Data

The historical data trend for Cheshi Technology'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.

Cheshi Technology Net Cash per Share Chart

Cheshi Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -0.02 0.02 0.27 0.29 0.32

Cheshi Technology Semi-Annual Data
Dec17 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 0.27 0.28 0.29 0.33 0.32

Competitive Comparison of Cheshi Technology's Net Cash per Share

For the Advertising Agencies subindustry, Cheshi Technology'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.


Cheshi Technology's Price-to-Net-Cash Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cheshi Technology's Price-to-Net-Cash distribution charts can be found below:

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



Cheshi Technology 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.

Cheshi Technology'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)
=(475.299-84.947--3.463)/1234.6
=0.32

Cheshi Technology'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)
=(475.299-84.947--3.463)/1234.6
=0.32

* 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.


Cheshi Technology  (HKSE:01490) 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.


Cheshi Technology Net Cash per Share Related Terms

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Cheshi Technology (HKSE:01490) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Jingshun Road, Block C, Shuguang Tower, Room 401, Chaoyang District, Beijing, CHN, 100028
Cheshi Technology Inc is an investment holding company that is engaged in the advertising service of automobiles in the People's Republic of China. It offers automobile content produced by an in-house content team and distributed across the group's proprietary. It operates in two segments: Online Advertising Services, which provides automobile-related advertising services, and publication of automobile-related articles and videos, both of which are published on the Group's online platform and Transaction Facilitation Services. Nearly all of its revenue comes from the Online Advertising segment. Geographically, it operates only in China.
Executives
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Ma Yuanyuan 2202 Interest of your spouse
Xc Group Limited 2101 Beneficial owner
Xu Chong 2201 Interest of corporation controlled by you

Cheshi Technology (HKSE:01490) Headlines

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