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Ruisen Life Service Co (HKSE:01922) Net Cash per Share : HK$-2.30 (As of Dec. 2023)


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What is Ruisen Life Service 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). Ruisen Life Service Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-2.30.

The historical rank and industry rank for Ruisen Life Service Co's Net Cash per Share or its related term are showing as below:

HKSE:01922's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.69
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ruisen Life Service Co Net Cash per Share Historical Data

The historical data trend for Ruisen Life Service 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.

Ruisen Life Service Co Net Cash per Share Chart

Ruisen Life Service Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -0.52 -1.05 -1.62 -2.31 -2.30

Ruisen Life Service Co Semi-Annual Data
Dec16 Dec17 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 -1.62 -2.19 -2.31 -2.90 -2.30

Competitive Comparison of Ruisen Life Service Co's Net Cash per Share

For the Real Estate Services subindustry, Ruisen Life Service 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.


Ruisen Life Service Co's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ruisen Life Service Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ruisen Life Service Co's Price-to-Net-Cash falls into.


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Ruisen Life Service 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.

Ruisen Life Service 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)
=(502.535-1057.502-58.519)/267.152
=-2.30

Ruisen Life Service 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)
=(502.535-1057.502-58.519)/267.152
=-2.30

* 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.


Ruisen Life Service Co  (HKSE:01922) 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.


Ruisen Life Service Co Net Cash per Share Related Terms

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Ruisen Life Service Co Business Description

Traded in Other Exchanges
N/A
Address
289 Jiangdong Avenue North, 5th Floor, Block A Yincheng Plaza, Jiangsu Province, Nanjing, CHN
Ruisen Life Service Co Ltd Formerly Yincheng Life Service Co Ltd is a property management service provider. It provides diversified property management services and value-added services for living communities. The business covers a wide range of properties, including residential and non-residential properties such as government facilities, financial institutions, property sales offices, hospitals, commercial complex, parks, highway service areas.
Executives
First Beijing Investment Limited 2102 Investment manager
Silver Huang Holding Limited 2101 Beneficial owner
Huang Qingping 2201 Interest of corporation controlled by you
Hongkong Ruihua Investment Management Limited 2101 Beneficial owner
Zhang Jianbin 2201 Interest of corporation controlled by you
Jiang Su Rui Hua Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Silver Zhu Holding Limited 2101 Beneficial owner
Zhu Linnan 2201 Interest of corporation controlled by you

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