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Zhonggan Communication (Group) Holdings (HKSE:02545) Net Cash per Share : HK$-1.52 (As of Jun. 2024)


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What is Zhonggan Communication (Group) 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). Zhonggan Communication (Group) Holdings's Net Cash per Share for the quarter that ended in Jun. 2024 was HK$-1.52.

The historical rank and industry rank for Zhonggan Communication (Group) Holdings's Net Cash per Share or its related term are showing as below:

HKSE:02545's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 10.78
* Ranked among companies with meaningful Price-to-Net-Cash only.

Zhonggan Communication (Group) Holdings Net Cash per Share Historical Data

The historical data trend for Zhonggan Communication (Group) 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.

Zhonggan Communication (Group) Holdings Net Cash per Share Chart

Zhonggan Communication (Group) Holdings Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
-1.40 -1.36 -1.63

Zhonggan Communication (Group) Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Net Cash per Share -1.40 -1.36 - -1.63 -1.52

Competitive Comparison of Zhonggan Communication (Group) Holdings's Net Cash per Share

For the Telecom Services subindustry, Zhonggan Communication (Group) 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.


Zhonggan Communication (Group) Holdings's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zhonggan Communication (Group) Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Zhonggan Communication (Group) Holdings's Price-to-Net-Cash falls into.



Zhonggan Communication (Group) 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.

Zhonggan Communication (Group) Holdings'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)
=(89.224-1130.018-0)/640.000
=-1.63

Zhonggan Communication (Group) Holdings'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)
=(7.161-982.067-0)/640
=-1.52

* 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.


Zhonggan Communication (Group) Holdings  (HKSE:02545) 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.


Zhonggan Communication (Group) Holdings Net Cash per Share Related Terms

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Zhonggan Communication (Group) Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2799 Tianxiang Avenue, Room 101, Block 99, Nanchang Jiahai Industrial Park, Jiangxi Province, Nanchang High-tech Industrial Development Zone, Nanchang, CHN
Zhonggan Communication (Group) Holdings Ltd is a integrated service provider and software developer in China. It focuses on the provision of Telecommunications Infrastructure Services and Digitalisation Solution Services. Telecommunications Infrastructure Services comprises of infrastructure Construction Services and Infrastructure Maintenance Services. Digitalisation Solution Services comprise of Integrated Solution Services, System Maintenance Services and - Software Solution Services. Key revenue is generated from Telecommunications Infrastructure Services.

Zhonggan Communication (Group) Holdings Headlines

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