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Tsit Wing International Holdings (HKSE:02119) Net Cash per Share : HK$0.15 (As of Dec. 2023)


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What is Tsit Wing International Holdings 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). Tsit Wing International Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.15.

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

HKSE:02119' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.87   Med: 7.21   Max: 18
Current: 4.2

During the past 13 years, the highest Price-to-Net-Cash Ratio of Tsit Wing International Holdings was 18.00. The lowest was 3.87. And the median was 7.21.

HKSE:02119's Price-to-Net-Cash is ranked better than
76% of 25 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 14.9 vs HKSE:02119: 4.20

Tsit Wing International Holdings Net Cash per Share Historical Data

The historical data trend for Tsit Wing International Holdings'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.

Tsit Wing International Holdings Net Cash per Share Chart

Tsit Wing International Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.12 0.14 0.05 0.15

Tsit Wing International Holdings Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 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 Premium Member Only Premium Member Only 0.14 0.12 0.05 0.15 0.15

Competitive Comparison of Tsit Wing International Holdings's Net Cash per Share

For the Beverages - Non-Alcoholic subindustry, Tsit Wing International Holdings'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.


Tsit Wing International Holdings's Price-to-Net-Cash Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tsit Wing International Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tsit Wing International Holdings's Price-to-Net-Cash falls into.



Tsit Wing International Holdings 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.

Tsit Wing International Holdings'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)
=(253.752-144.681-0)/720.732
=0.15

Tsit Wing International Holdings'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)
=(253.752-144.681-0)/720.732
=0.15

* 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.


Tsit Wing International Holdings  (HKSE:02119) 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.


Tsit Wing International Holdings Net Cash per Share Related Terms

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Tsit Wing International Holdings (HKSE:02119) Business Description

Traded in Other Exchanges
N/A
Address
15–33 Kwai Tak Street, Flats F-J, 11th Floor, Block 1, Kwai Tak Industrial Centre, Kwai Chung, New Territories, Hong Kong, HKG
Tsit Wing International Holdings Ltd is an investment holding company engaged in the processing and sale of coffee, tea, and complementary products, sale of frozen processed food, sale and rental of coffee and tea machines, and food and beverage store operation. It has two operating segments: Beverage Solutions and Food Products. It derives majority revenue from the Beverage segment that processes and distributes coffee, tea and related complementary products, sells food and beverages, coffee machines and other related products, operates food and beverage stores and leases coffee and tea machines. The Group offers frozen food to renowned brands under its frozen food brand Papa Chef. The company operates in Hong Kong, Mainland China, and other countries with majority revenue from Hongkong.
Executives
Hero Asia Company Limited 2101 Beneficial owner
Li Ying Wah Irene 2202 Interest of your spouse
Wong Tat Tong
Hero Valour Limited 2401 A concert party to an agreement to buy shares
Dah Chong Hong Food International Holdings Limited 2101 Beneficial owner
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you

Tsit Wing International Holdings (HKSE:02119) Headlines

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