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Greentown China Holdings (HKSE:03900) Net Cash per Share : HK$-186.14 (As of Dec. 2023)


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What is Greentown China 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). Greentown China Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-186.14.

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

HKSE:03900's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.42
* Ranked among companies with meaningful Price-to-Net-Cash only.

Greentown China Holdings Net Cash per Share Historical Data

The historical data trend for Greentown China 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.

Greentown China Holdings Net Cash per Share Chart

Greentown China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -123.86 -143.48 -199.38 -190.13 -186.14

Greentown China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -199.38 -201.36 -190.13 -190.97 -186.14

Competitive Comparison of Greentown China Holdings's Net Cash per Share

For the Real Estate - Development subindustry, Greentown China 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.


Greentown China Holdings's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greentown China Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Greentown China 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.

Greentown China 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)
=(76346.518-461139.219-85101.165)/2524.46
=-186.14

Greentown China Holdings'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)
=(76346.518-461139.219-85101.165)/2524.46
=-186.14

* 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.


Greentown China Holdings  (HKSE:03900) 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.


Greentown China Holdings Net Cash per Share Related Terms

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Greentown China Holdings Business Description

Traded in Other Exchanges
Address
No. 1 Hangda Road, 10th Floor, Block A, Dragon Century Plaza, Zhejiang, Hangzhou, CHN, 310007
Greentown China Holdings Ltd, or Greentown, is a China property developer headquartered in Hangzhou. Founded by Song Weiping, the company listed on the Hong Kong Stock Exchange in 2006. Predominantly a property developer is known for high-end residential projects with landbank geographically focused in Zhejiang and the Bohai Rim, Greentown is also noted for being one of the first developers to embark on the asset-light construction management model to generate development fee income from third-party construction and project management services. In June 2012, Wharf entered as a strategic shareholder of the company.
Executives
China Communications Construction Group Limited 2201 Interest of corporation controlled by you
Xiang Gang Xin Hu Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhe Jiang Xin Hu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Hu Zhong Bao Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Li Ping 2202 Interest of your spouse
Huang Wei 2201 Interest of corporation controlled by you
Song Weiping
Cccg Holding (hk) Limited 2101 Beneficial owner
Wheelock And Company Limited 2201 Interest of corporation controlled by you
The Wharf (holdings) Limited 2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited 2301 Trustee
Ever Step Holdings Limited 2201 Interest of corporation controlled by you
First Pioneer Holdings Limited 2201 Interest of corporation controlled by you
King Focus International Limited 2201 Interest of corporation controlled by you
Ping An Securities Group (holdings) Limited 2201 Interest of corporation controlled by you

Greentown China Holdings Headlines

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