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Glory Health Industry (HKSE:02329) Net Cash per Share : HK$-11.34 (As of Dec. 2024)


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What is Glory Health Industry 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). Glory Health Industry's Net Cash per Share for the quarter that ended in Dec. 2024 was HK$-11.34.

The historical rank and industry rank for Glory Health Industry's Net Cash per Share or its related term are showing as below:

HKSE:02329's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.86
* Ranked among companies with meaningful Price-to-Net-Cash only.

Glory Health Industry Net Cash per Share Historical Data

The historical data trend for Glory Health Industry'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.

Glory Health Industry Net Cash per Share Chart

Glory Health Industry 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 -14.25 -13.20 -11.44 -11.10 -11.34

Glory Health Industry 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 -11.44 -10.93 -11.10 -10.63 -11.34

Competitive Comparison of Glory Health Industry's Net Cash per Share

For the Real Estate - Development subindustry, Glory Health Industry'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.


Glory Health Industry's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Glory Health Industry's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Glory Health Industry's Price-to-Net-Cash falls into.


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Glory Health Industry 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.

Glory Health Industry'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)
=(75.219-47868.838-2606.413)/4444.418
=-11.34

Glory Health Industry'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)
=(75.219-47868.838-2606.413)/4444.418
=-11.34

* 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.


Glory Health Industry  (HKSE:02329) 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.


Glory Health Industry Net Cash per Share Related Terms

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Glory Health Industry Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Yard, Chongwenmenwai Street, Building 1, East Block, Hademen Plaza, Dongcheng District, Beijing, CHN, 100062
Glory Health Industry Ltd formerly Guorui Properties Ltd is an investment holding company. The company's operating segments are Property development that develops and sells commercial and residential properties; primary land construction and development services that derive revenue from primary land development, including services for resettlement, construction of land infrastructure, and ancillary public facilities on land owned by the local governments; Property investment that derives rental income from investment properties developed by the group; and Property management that derive income from property management and related services. The majority of the revenue is derived from the Property development segment. All the revenue of the company is derived from the PRC.
Executives
Alltogether Land Company Limited 2101 Beneficial owner
Ruan Wenjuan 2202 Interest of your spouse
Zhang Zhangsun 2201 Interest of corporation controlled by you

Glory Health Industry Headlines

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