GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sunho Biologics Inc (HKSE:02898) » Definitions » Net Cash per Share

Sunho Biologics (HKSE:02898) Net Cash per Share : HK$3.13 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Sunho Biologics 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). Sunho Biologics's Net Cash per Share for the quarter that ended in Jun. 2024 was HK$3.13.

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

HKSE:02898' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.33   Med: 2.25   Max: 2.25
Current: 1.33

During the past 2 years, the highest Price-to-Net-Cash Ratio of Sunho Biologics was 2.25. The lowest was 1.33. And the median was 2.25.

HKSE:02898's Price-to-Net-Cash is ranked better than
83.29% of 838 companies
in the Biotechnology industry
Industry Median: 4.36 vs HKSE:02898: 1.33

Sunho Biologics Net Cash per Share Historical Data

The historical data trend for Sunho Biologics'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.

Sunho Biologics Net Cash per Share Chart

Sunho Biologics Annual Data
Trend Dec22 Dec23
Net Cash per Share
-0.50 -1.29

Sunho Biologics Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Net Cash per Share -0.50 - -1.29 3.13

Competitive Comparison of Sunho Biologics's Net Cash per Share

For the Biotechnology subindustry, Sunho Biologics'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.


Sunho Biologics's Price-to-Net-Cash Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sunho Biologics's Price-to-Net-Cash distribution charts can be found below:

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



Sunho Biologics 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.

Sunho Biologics'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)
=(229.767-431.56-0)/156.667
=-1.29

Sunho Biologics'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)
=(532.665-42.376-0)/156.667
=3.13

* 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.


Sunho Biologics  (HKSE:02898) 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.


Sunho Biologics Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Sunho Biologics's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunho Biologics Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 198 Peninsula Middle Road, Dipu Street, Room 302, Building 3, Anji County, Zhejiang Province, Huzhou, CHN
Sunho Biologics Inc is a clinical-stage biopharmaceutical company that focuses on the discovery, development and commercialization of biologics for the treatment of cancers and autoimmune diseases. It has three Core Products, IAH0968, IAP0971, and IAE0972, all of which are developed in-house. IAH0968 is an antibody-dependent cell-mediated cytotoxicity (ADCC) enhanced monoclonal antibody (mAb), and the company has initiated Phase II clinical trials for biliary tract carcinoma (BTC) and colorectal cancer (CRC). IAP0971 and IAE0972 are both immunocytokines and It has completed Phase I clinical trials for advanced solid tumors including non-small cell lung cancer (NSCLC) and CRC.
Executives
Sunho Fortune Investments Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2301 Trustee
Zhang Feng 2201 Interest of corporation controlled by you
Sunho Wisdom Investments Limited 2101 Beneficial owner

Sunho Biologics Headlines

No Headlines