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China Beststudy Education Group (HKSE:03978) Net Cash per Share : HK$-0.56 (As of Dec. 2024)


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What is China Beststudy Education Group 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 Beststudy Education Group's Net Cash per Share for the quarter that ended in Dec. 2024 was HK$-0.56.

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

During the past 10 years, the highest Price-to-Net-Cash Ratio of China Beststudy Education Group was 10.65. The lowest was 10.65. And the median was 10.65.

HKSE:03978's Price-to-Net-Cash is not ranked *
in the Education industry.
Industry Median: 7.715
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Beststudy Education Group Net Cash per Share Historical Data

The historical data trend for China Beststudy Education Group'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 Beststudy Education Group Net Cash per Share Chart

China Beststudy Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.25 -0.41 -0.16 -0.20 -0.56

China Beststudy Education Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.16 -0.17 -0.20 -0.37 -0.56

Competitive Comparison of China Beststudy Education Group's Net Cash per Share

For the Education & Training Services subindustry, China Beststudy Education Group'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 Beststudy Education Group's Price-to-Net-Cash Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Beststudy Education Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Beststudy Education Group's Price-to-Net-Cash falls into.


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China Beststudy Education Group 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 Beststudy Education Group's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

Net Cash per Share (A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(790.369-1263.802-0)/847.221
=-0.56

China Beststudy Education Group's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

Net Cash per Share (Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(790.369-1263.802-0)/847.221
=-0.56

* 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.


China Beststudy Education Group  (HKSE:03978) 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 Beststudy Education Group Net Cash per Share Related Terms

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China Beststudy Education Group Business Description

Traded in Other Exchanges
N/A
Address
65 Xianlie Middle Road, 11th Floor, Yuexiu District, Guangdong, Guangzhou, CHN
China Beststudy Education Group is an investment holding company. Along with its subsidiaries, it is engaged in providing education-related courses which include full-time revision business, talent education, self-study programs, vocational education, and after-school tutoring programs for high school students. It generates the majority of its revenue from the Full-time test preparation programs segment. Geographically the company operates in mainland China.
Executives
Huang Yanyun 2202 Interest of your spouse
Tang Junjing 2101 Beneficial owner
Tang Junying 2101 Beneficial owner
Yu Hua 2202 Interest of your spouse
Zhang Xiaoying 2202 Interest of your spouse
Zhou Gui 2101 Beneficial owner
Elite Education Investment Co. Ltd. 2103 Interests held jointly with another person
Jameson Ying Industrial Co. Ltd. 2103 Interests held jointly with another person
Texcellence Holding Company Limited 2103 Interests held jointly with another person
Jtc Trustees (bvi) Limited 2301 Trustee
Hung Sing Global Fund Limited Spc – Hung Sing Global Multi-strategy No.3 Fund Sp 2102 Investment manager
Fu Shaoping 2301 Trustee
Soarise Bulex Limited 2306 Nominee for another person

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