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Casablanca Group (HKSE:02223) Net Cash per Share : HK$0.18 (As of Dec. 2023)


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What is Casablanca Group 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). Casablanca Group's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.18.

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

HKSE:02223' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.74   Med: 3.65   Max: 43.63
Current: 1.97

During the past 13 years, the highest Price-to-Net-Cash Ratio of Casablanca Group was 43.63. The lowest was 1.74. And the median was 3.65.

HKSE:02223's Price-to-Net-Cash is ranked better than
80.57% of 175 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 6.5 vs HKSE:02223: 1.97

Casablanca Group Net Cash per Share Historical Data

The historical data trend for Casablanca Group'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.

Casablanca Group Net Cash per Share Chart

Casablanca Group 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 0.25 0.42 0.10 0.22 0.18

Casablanca Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 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 0.10 0.19 0.22 0.21 0.18

Competitive Comparison of Casablanca Group's Net Cash per Share

For the Textile Manufacturing subindustry, Casablanca Group'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.


Casablanca Group's Price-to-Net-Cash Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Casablanca Group's Price-to-Net-Cash distribution charts can be found below:

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



Casablanca Group 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.

Casablanca Group'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)
=(129.526-85.522--3.164)/257.854
=0.18

Casablanca Group'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)
=(129.526-85.522--3.164)/257.854
=0.18

* 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.


Casablanca Group  (HKSE:02223) 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.


Casablanca Group Net Cash per Share Related Terms

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Casablanca Group (HKSE:02223) Business Description

Traded in Other Exchanges
N/A
Address
9-13 Wong Chuk Yeung Street, 5th floor, Yan Hing Centre, Fotan, New Territories, Hong Kong, HKG
Casablanca Group Ltd is engaged in the design, production, distribution and retailing of home textile products and accessories. The company sells products including bedding sets, quilts, pillows, blankets, mattresses, towels and other household items under Casablanca, Casa Calvin and CASA-V brands. The company has operations in Hong Kong and Macau, the People's Republic of China, and others. The majority of its revenue is derived from Hong Kong and Macau.
Executives
Cheng Sze Kin 2202 Interest of your spouse
Wong Pik Hung 2202 Interest of your spouse
Cheng Sze Tsan 2101 Beneficial owner

Casablanca Group (HKSE:02223) Headlines

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