China Rongzhong Financial Holdings Co (HKSE:03963) Net Cash per Share : HK$-0.24 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is China Rongzhong Financial Holdings 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). China Rongzhong Financial Holdings Co's Net Cash per Share for the quarter that ended in Sep. 2023 was HK$-0.24.

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

HKSE:03963's Price-to-Net-Cash is not ranked ^*
in the Credit Services industry.
Industry Median: 9.83
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Rongzhong Financial Holdings Co Net Cash per Share Historical Data

The historical data trend for China Rongzhong Financial Holdings 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.

China Rongzhong Financial Holdings Co Net Cash per Share Chart

China Rongzhong Financial Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Net Cash per Share

Get a 7-Day Free Trial

-2.22

-2.13

-2.29

-2.71

-0.27

China Rongzhong Financial Holdings Co Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Cash per Share	Get a 7-Day Free Trial													-2.43	-2.71	-2.50	-0.27	-0.24

Competitive Comparison of China Rongzhong Financial Holdings Co's Net Cash per Share

For the Credit Services subindustry, China Rongzhong Financial Holdings 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.

China Rongzhong Financial Holdings Co's Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, China Rongzhong Financial Holdings Co's Price-to-Net-Cash distribution charts can be found below:

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

China Rongzhong Financial Holdings 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.

China Rongzhong Financial Holdings Co'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)
=	(14.575	-	118.635	-	6.289)	/	412.509
=	-0.27

China Rongzhong Financial Holdings Co'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)
=	(15.269	-	106.591	-	8.41)	/	420.759
=	-0.24

China Rongzhong Financial Holdings Co (HKSE:03963) 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.

China Rongzhong Financial Holdings Co Net Cash per Share Related Terms

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

China Rongzhong Financial Holdings Co (HKSE:03963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Rongzhong Financial Holdings Co Ltd (HKSE:03963) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, Unit 3901, 39th floor, Tower One, Lippo Centre, Hong Kong, HKG

Website

http://www.chinarzfh.com

China Rongzhong Financial Holdings Co Ltd provides financial leasing services in the People's Republic of China. It operates in two segments Leasing services which include direct leasing and operating lease; and Debt collection and credit investigation services. It also provides advisory and consultancy services to its finance lease customers. Its revenue is derived from advisory income and interest income from the loan, government incentives, and bank interest income. The majority of the company's revenue from operations is derived from the People's Republic of China.

Executives

Goldbond Group Holdings Limited	2101 Beneficial owner
Wong Yu Lung, Charles	2301 Trustee
Wong Fang Pik Chun	2301 Trustee
Kwok Gareth Wing-sien	2202 Interest of your spouse
Wong Yatyee Michelle	2305 Beneficiary of a trust
Wong Jacqueline Yue Yee	2305 Beneficiary of a trust
Xie Xiaoqing
Yong Hua International Limited
Perfect Honour Limited	2101 Beneficial owner
Yeung Nam	2202 Interest of your spouse
Lee Cheuk Yin Dannis	2101 Beneficial owner
Zhao John Huan	2201 Interest of corporation controlled by you
Silver Creation Investments Limited	2101 Beneficial owner
Hony Managing Partners Limited	2201 Interest of corporation controlled by you
Hony Group Management Limited	2201 Interest of corporation controlled by you

China Rongzhong Financial Holdings Co (HKSE:03963) Headlines

No Headlines