Vanov Holdings Co (HKSE:02260) Net Cash per Share: HK$-0.91 (As of Dec. 2025)


HKSE:02260 Vanov Holdings Co Ltd HKSE:02260
85 GF Score
Price HK$1.43
GF Value HK$1.58
Valuation Fairly Valued
! 7 Warning Signs
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What is Vanov Holdings Co Net Cash per Share?

Vanov Holdings Co HKSE:02260 85 Net Cash per Share is HK$-0.91 as of Dec. 2025. GuruFocus rates HKSE:02260 with a GF Score™ of 85/100 and a GF Value™ of HK$1.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 35 Forest Products companies, Vanov Holdings Co ranks worse than 2857140% on this metric.

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). Vanov Holdings Co's Net Cash per Share for the quarter that ended in Dec. 2025 was HK$-0.91.

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

HKSE:02260's Price-to-Net-Cash is not ranked *
in the Forest Products industry.
Industry Median: 7.43
* Ranked among companies with meaningful Price-to-Net-Cash only.

Vanov Holdings Co  (HKSE:02260) 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.


Vanov Holdings Co Net Cash per Share Related Terms


Vanov Holdings Co Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Vanov Holdings 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.

Vanov Holdings Co Net Cash per Share Chart

Vanov Holdings Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial -0.49 -0.49 -0.76 -0.92 -0.91

Vanov Holdings Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.76 -0.84 -0.92 -0.92 -0.91

Vanov Holdings Co Net Cash per Share Competitor Comparison

For the Paper & Paper Products subindustry, Vanov Holdings 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.


Vanov Holdings Co Price-to-Net-Cash vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanov Holdings Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Vanov Holdings Co's Price-to-Net-Cash falls into.


HKSE:02260
85GF Score
Vanov Holdings Co Ltd HKSE:02260
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Vanov Holdings 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.

Vanov Holdings Co's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(47.39-483.004-4.322)/483.442
=-0.91

Vanov Holdings Co's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(47.39-483.004-4.322)/483.442
=-0.91

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of HK$-0.91 mean?
Vanov Holdings Co (HKSE:02260) has a Net Cash per Share of HK$-0.91 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Vanov Holdings Co and its competitors. According to the industry distribution chart, Vanov Holdings Co ranks #999999 out of 35 companies in the Forest Products industry.
Is Vanov Holdings Co's Net Cash per Share too high?
Vanov Holdings Co's current Net Cash per Share is HK$-0.91. Based on the distribution chart, Vanov Holdings Co ranks #999999 out of 35 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Vanov Holdings Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vanov Holdings Co's Net Cash per Share compare to competitors?
According to the Forest Products industry distribution chart, Vanov Holdings Co ranks #999999 out of 35 companies for Net Cash per Share. This places Vanov Holdings Co in the lower half of its industry. The industry median Net Cash per Share is 7.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Forest Products company?
The median Net Cash per Share among Forest Products companies is 7.43, based on 35 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Vanov Holdings Co and its competitors. For the Forest Products industry, the median Net Cash per Share is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanov Holdings Co's current Net Cash per Share is HK$-0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanov Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Vanov Holdings Co (HKSE:02260) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.58, compared to a current price of HK$1.43 — trading 9.5% below its estimated fair value. The current Net Cash per Share is HK$-0.91. Vanov Holdings Co's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Vanov Holdings Co (HKSE:02260), the current Net Cash per Share is HK$-0.91 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vanov Holdings Co (HKSE:02260) Overvalued in 2026?

Based on GuruFocus' analysis, Vanov Holdings Co stock appears to be undervalued. The current stock price of HK$1.43 is trading 9.5% below its estimated GF Value™ of HK$1.58. GuruFocus considers Vanov Holdings Co to be Fairly Valued.

Key valuation signals for HKSE:02260:

  • Net Cash per Share: HK$-0.91
  • GF Value™: HK$1.58 vs. price of HK$1.43 (9.5% below fair value)
  • GF Score™: 85/100 with 7 warning signs

No single metric tells the full story. See the HKSE:02260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vanov Holdings Co Business Description

Address No. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN
Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture, and sales of papermaking felts. The company has a collection of products which include Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, and Pulp papermaking felts. The company generates the majority of revenue from The PRC region.
85GF Score

Get the complete analysis for HKSE:02260

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.43
Price
HK$1.58
GF Value