GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Morris Home Holdings Ltd (HKSE:01575) » Definitions » Net Cash per Share

Morris Home Holdings (HKSE:01575) Net Cash per Share : HK$-0.17 (As of Dec. 2023)


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

What is Morris Home Holdings 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). Morris Home Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.17.

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

HKSE:01575's Price-to-Net-Cash is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 6.18
* Ranked among companies with meaningful Price-to-Net-Cash only.

Morris Home Holdings Net Cash per Share Historical Data

The historical data trend for Morris Home Holdings'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.

Morris Home Holdings Net Cash per Share Chart

Morris Home Holdings 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 -1.20 -0.67 -0.50 -0.20 -0.17

Morris Home Holdings Semi-Annual Data
Dec13 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 Premium Member Only -0.50 -0.48 -0.20 -0.19 -0.17

Competitive Comparison of Morris Home Holdings's Net Cash per Share

For the Furnishings, Fixtures & Appliances subindustry, Morris Home Holdings'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.


Morris Home Holdings's Price-to-Net-Cash Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Morris Home Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Morris Home Holdings's Price-to-Net-Cash falls into.



Morris Home Holdings 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.

Morris Home Holdings'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)
=(5.199-477.445--6.87)/2674.188
=-0.17

Morris Home Holdings'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)
=(5.199-477.445--6.87)/2674.188
=-0.17

* 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.


Morris Home Holdings  (HKSE:01575) 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.


Morris Home Holdings Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Morris Home Holdings's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Morris Home Holdings (HKSE:01575) Business Description

Traded in Other Exchanges
N/A
Address
No. 258, Shengli Road, Maqiao Street, Haining City, Zhejiang Province, Jiaxing City, CHN
Morris Home Holdings Ltd is an investment holding company engaged in the manufacturing and marketing of sofas, sofa covers, and other furniture products. The company's operating segment includes Retail and Manufacturing. It generates maximum revenue from the Retail segment. Geographically, it derives revenue from the Peoples Republic of China.
Executives
Morris Capital Limited 2101 Beneficial owner
Wu Xiangfei 2202 Interest of your spouse
Zou Gebing 2201 Interest of corporation controlled by you
Chen Jie 2106 Person having a security interest in shares
Century Icon Holdings Limited 2101 Beneficial owner
Tse Kam Pang 2201 Interest of corporation controlled by you
Morris Esop Development Limited 2306 Nominee for another person
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Morris Capital Ltd. 2101 Beneficial owner

Morris Home Holdings (HKSE:01575) Headlines

No Headlines