GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guangzhou Rural Commercial Bank Co Ltd (HKSE:01551) » Definitions » Net Cash per Share

Guangzhou Rural Commercial Bank Co (HKSE:01551) Net Cash per Share : HK$-81.52 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Guangzhou Rural Commercial Bank Co 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). Guangzhou Rural Commercial Bank Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-81.52.

The historical rank and industry rank for Guangzhou Rural Commercial Bank Co's Net Cash per Share or its related term are showing as below:

HKSE:01551's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 17.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

Guangzhou Rural Commercial Bank Co Net Cash per Share Historical Data

The historical data trend for Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank Co Net Cash per Share Chart

Guangzhou Rural Commercial Bank Co 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 -76.57 -97.64 -100.63 -98.87 -81.52

Guangzhou Rural Commercial Bank Co Semi-Annual Data
Dec14 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 -100.63 -103.69 -98.87 -99.02 -81.52

Competitive Comparison of Guangzhou Rural Commercial Bank Co's Net Cash per Share

For the Banks - Regional subindustry, Guangzhou Rural Commercial Bank 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.


Guangzhou Rural Commercial Bank Co's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Guangzhou Rural Commercial Bank Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Guangzhou Rural Commercial Bank Co's Price-to-Net-Cash falls into.



Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank Co'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)
=(165465.854+0-1331677.514-8438.178)/14409.8
=-81.52

Guangzhou Rural Commercial Bank Co'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)
=(165465.854+0-1331677.514-8438.178)/14409.8
=-81.52

* 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.


Guangzhou Rural Commercial Bank Co  (HKSE:01551) 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.


Guangzhou Rural Commercial Bank Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Guangzhou Rural Commercial Bank Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangzhou Rural Commercial Bank Co (HKSE:01551) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Guangzhou Rural Commercial Bank Co Ltd is engaged in providing banking and related financial services. The company's operating segments are Corporate banking, Retail banking, Treasury business, and others. It generates maximum revenue from the Corporate banking segment, which covers financial products and services for corporate customers, including deposits, loans, settlement, clearing, and other trade-related services. The Bank primarily operates in the Guangdong Province.
Executives
Harvest Fund Management Co., Ltd.
China Credit Trust Co., Ltd.
Guang Zhou Shi Jian She Tou Zi Fa Zhan You Xian Gong Si 2101 Beneficial owner
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Goncius I Limited 2101 Beneficial owner
Guang Zhou Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Guangzhou Finance Holdings (hk) Company Limited 2101 Beneficial owner
Guang Rong Finance Company Limited 2101 Beneficial owner
Manureen Investment Limited 2101 Beneficial owner
Lin Xiaohui 2201 Interest of corporation controlled by you
Su Jiaohua 2202 Interest of your spouse
Lead Straight Limited 2101 Beneficial owner
Grandbuy International Trade (hk) Limited 2101 Beneficial owner
Guang Zhou Bai Huo Qi Ye Ji Tuan You Xian Gong Si 2101 Beneficial owner
Lei Manying 2201 Interest of corporation controlled by you

Guangzhou Rural Commercial Bank Co (HKSE:01551) Headlines

No Headlines