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Timeless Resources Holdings (HKSE:08028) Net Cash per Share : HK$-0.01 (As of Sep. 2024)


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What is Timeless Resources 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). Timeless Resources Holdings's Net Cash per Share for the quarter that ended in Sep. 2024 was HK$-0.01.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Timeless Resources Holdings was 28.90. The lowest was 4.94. And the median was 13.97.

HKSE:08028's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Timeless Resources Holdings Net Cash per Share Historical Data

The historical data trend for Timeless Resources 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.

Timeless Resources Holdings Net Cash per Share Chart

Timeless Resources Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.04 0.03 0.02 -

Timeless Resources Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 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 0.02 - 0.01 - -0.01

Competitive Comparison of Timeless Resources Holdings's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Timeless Resources 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.


Timeless Resources Holdings's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Timeless Resources Holdings's Price-to-Net-Cash distribution charts can be found below:

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


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Timeless Resources 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.

Timeless Resources Holdings's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(82.639-24.82-57.602)/350.126
=0.00

Timeless Resources Holdings's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(59.78-22.726-41.835)/350.126
=-0.01

* 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.


Timeless Resources Holdings  (HKSE:08028) 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.


Timeless Resources Holdings Net Cash per Share Related Terms

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Timeless Resources Holdings Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, Room 2208, Hong Kong, HKG
Timeless Resources Holdings Ltd acts as an investment holding company. The company operates through two segments, Mining and Metal Business and Software and Innovation Business. the Mining and Metal business is involved in the exploration, development and exploitation of mines and trading of meta. The Software and Innovation Business segment is into research, development, and sale agency of bio and nanomaterials products as well as investments in startup funds, software maintenance, and development services. In addition to these operating segments, the Group has an investment in various projects including e-sports tournament services, nano applications as well as smart farming solutions and services. Its geographical segments are Hong Kong and Mainland China.
Executives
Starmax Holdings Limited
Tan Felipe
Zhang Ming 2101 Beneficial owner
Zhang Xinman 2101 Beneficial owner

Timeless Resources Holdings Headlines

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