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Haitian Energy International (HKSE:01659) Net Cash per Share : HK$-0.04 (As of Jun. 2018)


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What is Haitian Energy International 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). Haitian Energy International's Net Cash per Share for the quarter that ended in Jun. 2018 was HK$-0.04.

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

HKSE:01659's Price-to-Net-Cash is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.97
* Ranked among companies with meaningful Price-to-Net-Cash only.

Haitian Energy International Net Cash per Share Historical Data

The historical data trend for Haitian Energy International'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.

Haitian Energy International Net Cash per Share Chart

Haitian Energy International Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Cash per Share
Get a 7-Day Free Trial -0.01 -0.11 -0.07 -0.04 -0.04

Haitian Energy International Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18
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 - -0.04 - -0.04 -0.04

Competitive Comparison of Haitian Energy International's Net Cash per Share

For the Utilities - Renewable subindustry, Haitian Energy International'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.


Haitian Energy International's Price-to-Net-Cash Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Haitian Energy International's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Haitian Energy International's Price-to-Net-Cash falls into.



Haitian Energy International 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.

Haitian Energy International's Net Cash per Share for the fiscal year that ended in Dec. 2017 is calculated as

Net Cash per Share (A: Dec. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(564.844-859.299-63.864)/9136
=-0.04

Haitian Energy International's Net Cash per Share for the quarter that ended in Jun. 2018 is calculated as

Net Cash per Share (Q: Jun. 2018 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(569.43-889.54-66.999)/9136
=-0.04

* 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.


Haitian Energy International  (HKSE:01659) 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.


Haitian Energy International Net Cash per Share Related Terms

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Haitian Energy International (HKSE:01659) Business Description

Traded in Other Exchanges
N/A
Address
Finance Street, Aojiang Road, Room 10, 21st Floor, B1 Building, Aofeng Avenue, Wanda Square Second Stages, Fujian Province, Taijiang District, Fuzhou City, CHN
Haitian Energy International Ltd is a China-based clean energy company. The company is focused on the generation of hydropower, through its owned and leased plants. In addition, it also operates and manages small hydropower plants in China. The operating segments of the company are Hydropower generation by self-owned plants, Hydropower generation by leased plants and Electricity supplies operation and installation services. It generates the majority of the revenue from the Hydropower generation by self-owned plants segment which relates to the operation of own hydropower plants in China and sales of electricity.

Haitian Energy International (HKSE:01659) Headlines

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