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Changjiu Holdings (HKSE:06959) Net Cash per Share : HK$-0.32 (As of Dec. 2023)


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What is Changjiu 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). Changjiu Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.32.

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

HKSE:06959's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 7.765
* Ranked among companies with meaningful Price-to-Net-Cash only.

Changjiu Holdings Net Cash per Share Historical Data

The historical data trend for Changjiu 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.

Changjiu Holdings Net Cash per Share Chart

Changjiu Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.99 -1.22 -0.72 -0.32

Changjiu Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Cash per Share Get a 7-Day Free Trial - -0.72 -0.85 -0.32 -

Competitive Comparison of Changjiu Holdings's Net Cash per Share

For the Software - Application subindustry, Changjiu 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.


Changjiu Holdings's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Changjiu Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Changjiu 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.

Changjiu 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)
=(146.814-212.196-0)/202.16
=-0.32

Changjiu 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)
=(146.814-212.196-0)/202.16
=-0.32

* 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.


Changjiu Holdings  (HKSE:06959) 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.


Changjiu Holdings Net Cash per Share Related Terms

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Changjiu Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 99 Shigezhuang Road, Changjiu Building, Chaoyang, Beijing, CHN
Website
Changjiu Holdings Ltd provides pledged vehicle monitoring services and automobile dealership operation management services in China. It offers pledged vehicle monitoring services primarily to (i) financial institutions that provide secured financing to automobile dealerships for their purchase of vehicles; and (ii) automobile dealerships with pledged vehicles.
Executives
Bo Shijiu
Li Guiping
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