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China ITS (Holdings) Co (HKSE:01900) Net Cash per Share : HK$-0.41 (As of Jun. 2024)


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What is China ITS (Holdings) 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). China ITS (Holdings) Co's Net Cash per Share for the quarter that ended in Jun. 2024 was HK$-0.41.

The historical rank and industry rank for China ITS (Holdings) Co's Net Cash per Share or its related term are showing as below:

HKSE:01900's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 9.035
* Ranked among companies with meaningful Price-to-Net-Cash only.

China ITS (Holdings) Co Net Cash per Share Historical Data

The historical data trend for China ITS (Holdings) 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.

China ITS (Holdings) Co Net Cash per Share Chart

China ITS (Holdings) 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 -1.16 -1.08 -0.71 -0.50 -0.44

China ITS (Holdings) Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.62 -0.50 -0.45 -0.44 -0.41

Competitive Comparison of China ITS (Holdings) Co's Net Cash per Share

For the Information Technology Services subindustry, China ITS (Holdings) 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.


China ITS (Holdings) Co's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, China ITS (Holdings) Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China ITS (Holdings) Co's Price-to-Net-Cash falls into.



China ITS (Holdings) 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.

China ITS (Holdings) 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)
=(529.998-1129.974-149.381)/1697.69
=-0.44

China ITS (Holdings) Co's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(487.051-1038.105-155.22)/1720.19
=-0.41

* 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.


China ITS (Holdings) Co  (HKSE:01900) 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.


China ITS (Holdings) Co Net Cash per Share Related Terms

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China ITS (Holdings) Co Business Description

Traded in Other Exchanges
N/A
Address
Jiuxianqiao North Road, Building 204, No. A10, Chaoyang District, Beijing, CHN, 100015
China ITS (Holdings) Co Ltd and its subsidiaries mainly provide products, solutions, and services related to infrastructure technology in the railway and electric power sectors. The operating business segments are Railway business is engaged in the provision of products and specialized solutions mainly including railway communication products and energy-base products and the provision of operation and services such as maintenance, network optimization and planning, and technical consulting for the products related to the communication system. The Electric power business segment provides products and specialized solutions related to electric power equipment for customers in the electric power infrastructure construction area. Geographically, the company operates in China and Myanmar.
Executives
Best Partners Development Limited 2501 Other
China Its Co., Ltd. 2101 Beneficial owner
Jiang Hailin 2201 Interest of corporation controlled by you
Liao Jie 2101 Beneficial owner
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares
Joyful Business Holdings Limited 2101 Beneficial owner
Credit Suisse Trust Limited 2301 Trustee
Fino Investments Limited 2201 Interest of corporation controlled by you
Tesco Investments Limited 2201 Interest of corporation controlled by you

China ITS (Holdings) Co Headlines

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