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Ping An Healthcare And Technology Co (HKSE:01833) Net Cash per Share : HK$7.93 (As of Dec. 2023)


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What is Ping An Healthcare And Technology Co 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). Ping An Healthcare And Technology Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$7.93.

The historical rank and industry rank for Ping An Healthcare And Technology Co's Net Cash per Share or its related term are showing as below:

HKSE:01833' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.39   Med: 4.68   Max: 11.7
Current: 1.41

During the past 9 years, the highest Price-to-Net-Cash Ratio of Ping An Healthcare And Technology Co was 11.70. The lowest was 1.39. And the median was 4.68.

HKSE:01833's Price-to-Net-Cash is ranked better than
89.63% of 135 companies
in the Healthcare Providers & Services industry
Industry Median: 8.29 vs HKSE:01833: 1.41

Ping An Healthcare And Technology Co Net Cash per Share Historical Data

The historical data trend for Ping An Healthcare And Technology 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.

Ping An Healthcare And Technology Co Net Cash per Share Chart

Ping An Healthcare And Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only 4.86 11.12 6.77 6.44 7.93

Ping An Healthcare And Technology Co Semi-Annual Data
Dec15 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 6.77 7.33 6.44 7.94 7.93

Competitive Comparison of Ping An Healthcare And Technology Co's Net Cash per Share

For the Health Information Services subindustry, Ping An Healthcare And Technology 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.


Ping An Healthcare And Technology Co's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ping An Healthcare And Technology Co's Price-to-Net-Cash falls into.



Ping An Healthcare And Technology 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.

Ping An Healthcare And Technology 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 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(12410.567-3558.123--18.205)/1118.81
=7.93

Ping An Healthcare And Technology Co'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)
=(12410.567-3558.123--18.205)/1118.81
=7.93

* 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.


Ping An Healthcare And Technology Co  (HKSE:01833) 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.


Ping An Healthcare And Technology Co Net Cash per Share Related Terms

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Ping An Healthcare And Technology Co (HKSE:01833) Business Description

Traded in Other Exchanges
Address
No. 166, Kaibin Road, Shanghai Ping An Building, 17th-19th Floor, Block B, Shanghai, CHN
Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has 978 corporate clients and 43 million paying users. PAGD is 38.43% owned by its parent company.

Ping An Healthcare And Technology Co (HKSE:01833) Headlines

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