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Billion Industrial Holdings (HKSE:02299) Net Cash per Share : HK$-8.57 (As of Dec. 2024)


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What is Billion Industrial 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). Billion Industrial Holdings's Net Cash per Share for the quarter that ended in Dec. 2024 was HK$-8.57.

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

HKSE:02299's Price-to-Net-Cash is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 6.015
* Ranked among companies with meaningful Price-to-Net-Cash only.

Billion Industrial Holdings Net Cash per Share Historical Data

The historical data trend for Billion Industrial 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.

Billion Industrial Holdings Net Cash per Share Chart

Billion Industrial 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 -6.13 -7.90 -8.60 -8.18 -8.57

Billion Industrial Holdings Semi-Annual Data
Jun15 Dec15 Jun16 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 Premium Member Only -8.60 -8.31 -8.18 -8.90 -8.57

Competitive Comparison of Billion Industrial Holdings's Net Cash per Share

For the Textile Manufacturing subindustry, Billion Industrial 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.


Billion Industrial Holdings's Price-to-Net-Cash Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Billion Industrial 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.

Billion Industrial 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)
=(259.785-18390.853-0)/2115.552
=-8.57

Billion Industrial 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)
=(259.785-18390.853-0)/2115.552
=-8.57

* 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.


Billion Industrial Holdings  (HKSE:02299) 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.


Billion Industrial Holdings Net Cash per Share Related Terms

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Billion Industrial Holdings Business Description

Traded in Other Exchanges
N/A
Address
Fenglin Industrial Zone, Longhu Town, Fujian, Jinjiang City, CHN
Billion Industrial Holdings Ltd is an investment holding. The company develops, manufactures, and sells polyester filament yarns and polyester thin films, polyester products, polyester industrial yarns products and ES fiber products in the People's Republic of China. Its polyester filament yarns include drawn textured, fully drawn, and partially oriented yarns for use in the production of fabrics and textiles for various consumer products, including apparel, footwear, and home furnishings.
Executives
Xiang Gang Rong An Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhong Guo Jie Neng Huan Bao Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Chong Qing Zhong Jie Neng Shi Ye You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Jie Neng Jie Neng Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Huang Shaorong 2201 Interest of corporation controlled by you
Ever Luxuriant Global Trading Limited 2101 Beneficial owner
Haibin International Investments Limited 2101 Beneficial owner
Kingom Power Limited 2401 A concert party to an agreement to buy shares
Sze Tin Yau 2401 A concert party to an agreement to buy shares
Lin Haibin 2306 Nominee for another person
Winwett Investments Limited 2101 Beneficial owner
Wu Jinbiao 2201 Interest of corporation controlled by you

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