Palasino Holdings (HKSE:02536) Net Cash per Share : HK$-0.20 (As of Sep. 2023)

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What is Palasino Holdings 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). Palasino Holdings's Net Cash per Share for the quarter that ended in Sep. 2023 was HK$-0.20.

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

HKSE:02536's Price-to-Net-Cash is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 8.71
* Ranked among companies with meaningful Price-to-Net-Cash only.

Palasino Holdings Net Cash per Share Historical Data

The historical data trend for Palasino Holdings'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.

Palasino Holdings Net Cash per Share Chart

Palasino Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Net Cash per Share

-0.19

-0.12

-0.20

Palasino Holdings Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Net Cash per Share	-0.19	-0.12	-	-0.20	-0.20

Competitive Comparison of Palasino Holdings's Net Cash per Share

For the Resorts & Casinos subindustry, Palasino Holdings'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.

Palasino Holdings's Price-to-Net-Cash Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Palasino Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Palasino Holdings's Price-to-Net-Cash falls into.

Palasino Holdings 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.

Palasino Holdings's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

	Net Cash per Share (A: Mar. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(107.173	-	229.053	-	38.776)	/	800.000
=	-0.20

Palasino Holdings's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

	Net Cash per Share (Q: Sep. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(98.927	-	231.359	-	29.762)	/	800
=	-0.20

Palasino Holdings (HKSE:02536) 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.

Palasino Holdings Net Cash per Share Related Terms

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Palasino Holdings (HKSE:02536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Palasino Holdings Ltd (HKSE:02536) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Des Voeux Road Central, 16 floor, Far East Consortium Building, Hong Kong, HKG

Website

https://www.palasinoholdings.com

Palasino Holdings Ltd is an entertainment, gaming, and leisure group comprising (i) one integrated land-based casino and resort and two full-service land-based casinos operating in the Czech Republic, offering primarily slot machines and table games, and (ii) three hotels in Germany and one hotel in Austria that offer accommodation, catering, conference, and leisure services. It operates into two reportable segments: Gaming operations - operation of casinos and Hotel and catering operations - operation of hotel, catering, and related services. Key revenue is generated from Gaming operations - operation of casinos.

Executives

Chiu David	2201 Interest of corporation controlled by you
Chiu Ng Nancy	2202 Interest of your spouse
Far East Organization (international) Limited	2201 Interest of corporation controlled by you
Sumptuous Assets Limited	2201 Interest of corporation controlled by you
Ample Bonus Limited	2101 Beneficial owner
Far East Consortium International Limited	2201 Interest of corporation controlled by you
Blossom Industrial Investment Limited	2201 Interest of corporation controlled by you
Blossom International Investment Holdings Limited	2201 Interest of corporation controlled by you
Blossom Investment Consultant Limited	2201 Interest of corporation controlled by you
Yang Fang	2201 Interest of corporation controlled by you

Palasino Holdings (HKSE:02536) Headlines

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