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ZO Future Group (HKSE:02309) Net Cash per Share : HK$-0.64 (As of Dec. 2023)


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What is ZO Future 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). ZO Future Group's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.64.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of ZO Future Group was 42.66. The lowest was 42.66. And the median was 42.66.

HKSE:02309's Price-to-Net-Cash is not ranked *
in the Media - Diversified industry.
Industry Median: 5.7
* Ranked among companies with meaningful Price-to-Net-Cash only.

ZO Future Group Net Cash per Share Historical Data

The historical data trend for ZO Future 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.

ZO Future Group Net Cash per Share Chart

ZO Future Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 -0.99 -0.65 -0.65 -0.55

ZO Future 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 -0.58 -0.65 -0.39 -0.55 -0.64

Competitive Comparison of ZO Future Group's Net Cash per Share

For the Entertainment subindustry, ZO Future 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.


ZO Future Group's Price-to-Net-Cash Distribution in the Media - Diversified Industry

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

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



ZO Future 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.

ZO Future Group's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(14.749-758.135--318.615)/771.56
=-0.55

ZO Future 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)
=(79.95-729.249--158.438)/771.56
=-0.64

* 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.


ZO Future Group  (HKSE:02309) 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.


ZO Future Group Net Cash per Share Related Terms

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ZO Future Group (HKSE:02309) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Heung Yip Road, 31st Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG
ZO Future Group is an investment holding company principally engaged in the operation of the football club in the United Kingdom. The activity of the company includes offering season and match day tickets, television broadcasting, and local media businesses. Its segments are the operation of a professional football club; Investment in properties; and healthcare business. The company's activity primarily functions in the United Kingdom and it generates revenue through corporate hospitality income, merchandising income, sponsorship income, and conference income. The company generates the majority of its revenue from the operation of a professional football club in the UK.
Executives
Trillion Trophy Asia Limited 2101 Beneficial owner
Wealthy Associates International Limited 2201 Interest of corporation controlled by you
Graticity Real Estate Development Co., Ltd 2201 Interest of corporation controlled by you
Vong Pech 2201 Interest of corporation controlled by you
Lei Sutong 2201 Interest of corporation controlled by you
Suen Cho Hung, Paul 2201 Interest of corporation controlled by you
Yong Ju You Xian Gong Si 2101 Beneficial owner
Hong Long You Xian Gong Si 2101 Beneficial owner

ZO Future Group (HKSE:02309) Headlines

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