YH Entertainment Group (HKSE:02306) Net Cash per Share : HK$0.51 (As of Dec. 2023)

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What is YH Entertainment 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). YH Entertainment Group's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.51.

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

HKSE:02306' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.22 Med: 11.29 Max: 11.29
Current: 1.24

During the past 5 years, the highest Price-to-Net-Cash Ratio of YH Entertainment Group was 11.29. The lowest was 1.22. And the median was 11.29.

HKSE:02306's Price-to-Net-Cash is ranked better than
89.87% of 237 companies
in the Media - Diversified industry
Industry Median: 5.66 vs HKSE:02306: 1.24

YH Entertainment Group Net Cash per Share Historical Data

The historical data trend for YH Entertainment 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.

YH Entertainment Group Net Cash per Share Chart

YH Entertainment Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

0.24

-0.44

-0.52

-0.69

0.51

YH Entertainment Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial			-0.52	-	-0.69	1.07	0.51

Competitive Comparison of YH Entertainment Group's Net Cash per Share

For the Entertainment subindustry, YH Entertainment 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.

YH Entertainment Group's Price-to-Net-Cash Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, YH Entertainment Group's Price-to-Net-Cash distribution charts can be found below:

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

YH Entertainment 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.

YH Entertainment 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)
=	(1221.289	-	789.469	-	3.351)	/	843.756
=	0.51

YH Entertainment 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)
=	(1221.289	-	789.469	-	3.351)	/	843.756
=	0.51

YH Entertainment Group (HKSE:02306) 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.

YH Entertainment Group Net Cash per Share Related Terms

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YH Entertainment Group (HKSE:02306) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YH Entertainment Group (HKSE:02306) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

YHEGF:USA

Address

No. 27 West Dawang Road, Room 150, Building 119, Chaoyang District, Beijing, CHN

Website

https://www.yuehuamusic.com

YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform comprising three complementary business segments artist management, music IP production and operation, and pan-entertainment business. The artist management business, provides services to customers, including corporate customers, media platforms, content producers, and advertising agencies, by arranging for managed artists to participate in commercial activities and perform in movies, drama series, and a variety of programs. With the music IP production and operation business, the company licenses the music IPs in the library to music streaming platforms and other music service providers for licensing fees and sells digital and physical copies of music IPs.

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YH Entertainment Group (HKSE:02306) Headlines

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