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China Everbright Bank Co (HKSE:06818) Net Cash per Share : HK$-108.16 (As of Sep. 2024)


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What is China Everbright Bank Co Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). China Everbright Bank Co's Net Cash per Share for the quarter that ended in Sep. 2024 was HK$-108.16.

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

HKSE:06818's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 14
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Everbright Bank Co Net Cash per Share Historical Data

The historical data trend for China Everbright Bank 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 Everbright Bank Co Net Cash per Share Chart

China Everbright Bank Co 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 -82.29 -97.19 -109.81 -108.86 -105.19

China Everbright Bank Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -105.05 -105.19 -106.88 -103.88 -108.16

Competitive Comparison of China Everbright Bank Co's Net Cash per Share

For the Banks - Regional subindustry, China Everbright Bank 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 Everbright Bank Co's Price-to-Net-Cash Distribution in the Banks Industry

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

* The bar in red indicates where China Everbright Bank Co's Price-to-Net-Cash falls into.



China Everbright Bank 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 Everbright Bank Co's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(588763.674+0-6801129.143-2618.507)/59085.6
=-105.19

China Everbright Bank Co's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(550841.097+0-6938876.441-2782.343)/59085.6
=-108.16

* 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 Everbright Bank Co  (HKSE:06818) 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 Everbright Bank Co Net Cash per Share Related Terms

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China Everbright Bank Co Business Description

Traded in Other Exchanges
Address
No. 25 and No. 25 A Taipingqiao Street, China Everbright Center, Xicheng District, Beijing, CHN, 100033
China Everbright Bank Co Ltd is a licensed bank financial institution. The principal activities of the Bank and its subsidiaries are the provision of corporate and retail deposits, loans and advances, settlement, treasury business, and other financial services as approved by the CBIRC. The Group mainly operates in Mainland China and also has a number of overseas branches and subsidiaries. The Group manages its business by business lines and geographical areas. Its segments include Corporate banking, Retail banking, Financial market business, and Others.
Executives
Qing Dao Xi Hai An Kong Gu Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Ocean Fortune Investment Limited 2101 Beneficial owner
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si 2101 Beneficial owner
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si
Zhong Guo Yuan Yang Hai Yun Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan Gong Si

China Everbright Bank Co Headlines

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