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Tian Chang Group Holdings (HKSE:02182) Net Cash per Share : HK$-0.08 (As of Dec. 2024)


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What is Tian Chang Group 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). Tian Chang Group Holdings's Net Cash per Share for the quarter that ended in Dec. 2024 was HK$-0.08.

The historical rank and industry rank for Tian Chang Group Holdings's Net Cash per Share or its related term are showing as below:

HKSE:02182's Price-to-Net-Cash is not ranked *
in the Conglomerates industry.
Industry Median: 5.93
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tian Chang Group Holdings Net Cash per Share Historical Data

The historical data trend for Tian Chang Group 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.

Tian Chang Group Holdings Net Cash per Share Chart

Tian Chang Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.66 -0.77 -0.48 -0.10 -0.08

Tian Chang Group Holdings Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.48 -0.24 -0.10 -0.07 -0.08

Competitive Comparison of Tian Chang Group Holdings's Net Cash per Share

For the Conglomerates subindustry, Tian Chang Group 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.


Tian Chang Group Holdings's Price-to-Net-Cash Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tian Chang Group Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tian Chang Group Holdings's Price-to-Net-Cash falls into.


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Tian Chang Group 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.

Tian Chang Group Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

Net Cash per Share (A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(129.454-179.37-0)/620.000
=-0.08

Tian Chang Group Holdings's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

Net Cash per Share (Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(129.454-179.37-0)/620.000
=-0.08

* 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.


Tian Chang Group Holdings  (HKSE:02182) 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.


Tian Chang Group Holdings Net Cash per Share Related Terms

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Tian Chang Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
55 Hoi Yuen Road, Workshop Unit 6, 13th Floor, Block B, Hoi Luen Industrial Centre, Kwun Tong, Hong Kong, HKG
Tian Chang Group Holdings Ltd is principally engaged in manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and in the PRC. It operates in the segments of Integrated plastic solutions segment, Electronic cigarette products segment, and Medical consumable products segment. The E-cigarettes products segment involves the manufacture and sales of e-cigarette products whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. It derives key revenue from the PRC.
Executives
Chan Tsan Lam 2101 Beneficial owner
Fung Suk Yee May 2202 Interest of your spouse
Cheng Chak 2101 Beneficial owner
Oceanic Green Group Limited
New Strength Ventures Limited 2101 Beneficial owner
Gold Alliance Ventures Limited 2101 Beneficial owner
New Straits Ventures Limited 2101 Beneficial owner

Tian Chang Group Holdings Headlines

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