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Guanze Medical Information Industry (Holding) Co (HKSE:02427) Net Cash per Share : HK$0.03 (As of Dec. 2023)


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What is Guanze Medical Information Industry (Holding) Co 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). Guanze Medical Information Industry (Holding) Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.03.

The historical rank and industry rank for Guanze Medical Information Industry (Holding) Co's Net Cash per Share or its related term are showing as below:

HKSE:02427' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 23.67   Med: 23.67   Max: 26
Current: 26

During the past 5 years, the highest Price-to-Net-Cash Ratio of Guanze Medical Information Industry (Holding) Co was 26.00. The lowest was 23.67. And the median was 23.67.

HKSE:02427's Price-to-Net-Cash is ranked worse than
86.67% of 75 companies
in the Medical Diagnostics & Research industry
Industry Median: 6.92 vs HKSE:02427: 26.00

Guanze Medical Information Industry (Holding) Co Net Cash per Share Historical Data

The historical data trend for Guanze Medical Information Industry (Holding) Co'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.

Guanze Medical Information Industry (Holding) Co Net Cash per Share Chart

Guanze Medical Information Industry (Holding) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.06 -0.06 -0.03 -0.04 0.03

Guanze Medical Information Industry (Holding) Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial -0.03 -0.05 -0.04 0.02 0.03

Competitive Comparison of Guanze Medical Information Industry (Holding) Co's Net Cash per Share

For the Diagnostics & Research subindustry, Guanze Medical Information Industry (Holding) Co'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.


Guanze Medical Information Industry (Holding) Co's Price-to-Net-Cash Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Guanze Medical Information Industry (Holding) Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Guanze Medical Information Industry (Holding) Co's Price-to-Net-Cash falls into.



Guanze Medical Information Industry (Holding) Co 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.

Guanze Medical Information Industry (Holding) Co'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)
=(74.76-46.13-1.003)/950
=0.03

Guanze Medical Information Industry (Holding) Co'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)
=(74.76-46.13-1.003)/950
=0.03

* 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.


Guanze Medical Information Industry (Holding) Co  (HKSE:02427) 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.


Guanze Medical Information Industry (Holding) Co Net Cash per Share Related Terms

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Guanze Medical Information Industry (Holding) Co (HKSE:02427) Business Description

Traded in Other Exchanges
N/A
Address
No. 2966 Chunhui Road, Room 501-A, Block 10 Strategic Emerging Industry Base, High-tech Zone, Shandong Province, Jinan, CHN
Guanze Medical Information Industry (Holding) Co Ltd is a medical imaging solutions provider, principally engaged in providing medical imaging film products and medical imaging cloud services in Shandong Province.
Executives
Meng A Capital Limited 2101 Beneficial owner
Meng Xianzhen 2201 Interest of corporation controlled by you
Yang Duanling 2202 Interest of your spouse

Guanze Medical Information Industry (Holding) Co (HKSE:02427) Headlines

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