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XiangXing International Holding (HKSE:01732) Net Cash per Share : HK$0.02 (As of Dec. 2023)


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What is XiangXing International Holding 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). XiangXing International Holding's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.02.

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

HKSE:01732' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.8   Med: 8.7   Max: 22.5
Current: 6.95

During the past 10 years, the highest Price-to-Net-Cash Ratio of XiangXing International Holding was 22.50. The lowest was 5.80. And the median was 8.70.

HKSE:01732's Price-to-Net-Cash is ranked better than
50.45% of 111 companies
in the Transportation industry
Industry Median: 7.28 vs HKSE:01732: 6.95

XiangXing International Holding Net Cash per Share Historical Data

The historical data trend for XiangXing International Holding'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.

XiangXing International Holding Net Cash per Share Chart

XiangXing International Holding 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 0.05 - -0.01 -0.01 0.02

XiangXing International Holding 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 -0.01 -0.02 -0.01 0.03 0.02

Competitive Comparison of XiangXing International Holding's Net Cash per Share

For the Integrated Freight & Logistics subindustry, XiangXing International Holding'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.


XiangXing International Holding's Price-to-Net-Cash Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, XiangXing International Holding's Price-to-Net-Cash distribution charts can be found below:

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



XiangXing International Holding 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.

XiangXing International Holding'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)
=(54.464-23.201-1.645)/1200
=0.02

XiangXing International Holding'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)
=(54.464-23.201-1.645)/1200
=0.02

* 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.


XiangXing International Holding  (HKSE:01732) 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.


XiangXing International Holding Net Cash per Share Related Terms

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XiangXing International Holding (HKSE:01732) Business Description

Traded in Other Exchanges
N/A
Address
No. 233 Jiangang Road, Xiamen Area (Bonded Port), China (Fujian) Pilot Free Trade Zone, Haicang District, Fujian Province, Xiamen City, CHN
XiangXing International Holding Ltd is an investment holding company. The operating segments of the group are Import and export agency services; Container and stone blocks road freight forwarding services; Intra-port ancillary services; Intra-port container transportation services; and Trading of building materials and automobile accessories. Geographically, the operations of the company are carried out in the PRC.

XiangXing International Holding (HKSE:01732) Headlines

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