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Lee & Man Paper Manufacturing (HKSE:02314) Net Cash per Share : HK$-6.01 (As of Jun. 2024)


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What is Lee & Man Paper Manufacturing 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). Lee & Man Paper Manufacturing's Net Cash per Share for the quarter that ended in Jun. 2024 was HK$-6.01.

The historical rank and industry rank for Lee & Man Paper Manufacturing's Net Cash per Share or its related term are showing as below:

HKSE:02314's Price-to-Net-Cash is not ranked *
in the Forest Products industry.
Industry Median: 7.295
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lee & Man Paper Manufacturing Net Cash per Share Historical Data

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Net Cash per Share Chart

Lee & Man Paper Manufacturing 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 -3.32 -3.42 -3.96 -4.62 -5.53

Lee & Man Paper Manufacturing Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -4.22 -4.62 -5.03 -5.53 -6.01

Competitive Comparison of Lee & Man Paper Manufacturing's Net Cash per Share

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.


Lee & Man Paper Manufacturing's Price-to-Net-Cash Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Price-to-Net-Cash falls into.



Lee & Man Paper Manufacturing 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.

Lee & Man Paper Manufacturing'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)
=(1517.149-25330.359-9.45)/4308.81
=-5.53

Lee & Man Paper Manufacturing's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1746.371-27543.542-9.276)/4295
=-6.01

* 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.


Lee & Man Paper Manufacturing  (HKSE:02314) 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.


Lee & Man Paper Manufacturing Net Cash per Share Related Terms

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Lee & Man Paper Manufacturing Business Description

Traded in Other Exchanges
Address
169 Electric Road, 39/F, Lee & Man Commercial Center, North Point, Hong Kong, HKG
Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. The People's Republic of China accounts for the majority of the revenue.
Executives
Ho Tsz Wan 2202 Interest of your spouse
Lee Man Bun 2101 Beneficial owner
Lee Wan Keung 2101 Beneficial owner
Lee Wong Wai Kuen 2202 Interest of your spouse
Lee Man Chun Raymond

Lee & Man Paper Manufacturing Headlines

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