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Sinic Holdings (Group) Co (HKSE:02103) Net Cash per Share : HK$-27.67 (As of Jun. 2021)


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What is Sinic Holdings (Group) 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). Sinic Holdings (Group) Co's Net Cash per Share for the quarter that ended in Jun. 2021 was HK$-27.67.

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

HKSE:02103's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.63
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sinic Holdings (Group) Co Net Cash per Share Historical Data

The historical data trend for Sinic Holdings (Group) 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.

Sinic Holdings (Group) Co Net Cash per Share Chart

Sinic Holdings (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Net Cash per Share
-5.32 -14.06 -21.21 -24.07 -24.97

Sinic Holdings (Group) Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Net Cash per Share Get a 7-Day Free Trial - -24.07 -23.31 -24.97 -27.67

Competitive Comparison of Sinic Holdings (Group) Co's Net Cash per Share

For the Real Estate - Development subindustry, Sinic Holdings (Group) 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.


Sinic Holdings (Group) Co's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sinic Holdings (Group) Co's Price-to-Net-Cash distribution charts can be found below:

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



Sinic Holdings (Group) 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.

Sinic Holdings (Group) Co's Net Cash per Share for the fiscal year that ended in Dec. 2020 is calculated as

Net Cash per Share (A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(13710.336-91947.117-10903.838)/3570.19
=-24.97

Sinic Holdings (Group) Co's Net Cash per Share for the quarter that ended in Jun. 2021 is calculated as

Net Cash per Share (Q: Jun. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24270.089-110903.856-12165.301)/3570.19
=-27.67

* 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.


Sinic Holdings (Group) Co  (HKSE:02103) 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.


Sinic Holdings (Group) Co Net Cash per Share Related Terms

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Sinic Holdings (Group) Co (HKSE:02103) Business Description

Traded in Other Exchanges
N/A
Address
No. 988 ShenChang Road, 7th Floor, HongQiao Vanke Center T6, MinHang District, Shanghai, CHN
Sinic Holdings (Group) Co Ltd is a Cayman Islands-based property developer. It is engaged in the development of residential and commercial properties. The company offers property development, property leasing, and the provision of management consulting services. It generates revenue through the sale of properties and mainly operates in Mainland China.
Executives
Zhang Yuanlin 2101 Beneficial owner
Wu Chengping 2202 Interest of your spouse
Honoured Ever Oriental Holdings Limited 2201 Interest of corporation controlled by you
Sinic Group Company Limited 2201 Interest of corporation controlled by you
Sinic Holdings Group Company Limited 2101 Beneficial owner
Tmf (cayman) Ltd. 2301 Trustee
Xin Hong Company Limited 2201 Interest of corporation controlled by you

Sinic Holdings (Group) Co (HKSE:02103) Headlines

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