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Goldway Education Group (HKSE:08160) Net Cash per Share : HK$-0.05 (As of Sep. 2023)


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What is Goldway 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). Goldway Education Group's Net Cash per Share for the quarter that ended in Sep. 2023 was HK$-0.05.

The historical rank and industry rank for Goldway 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 Goldway Education Group was 13.95. The lowest was 1.65. And the median was 4.64.

HKSE:08160's Price-to-Net-Cash is not ranked *
in the Education industry.
Industry Median: 6.59
* Ranked among companies with meaningful Price-to-Net-Cash only.

Goldway Education Group Net Cash per Share Historical Data

The historical data trend for Goldway 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.

Goldway Education Group Net Cash per Share Chart

Goldway Education Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.16 0.19 0.07 -0.08

Goldway Education Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.10 - -0.08 - -0.05

Competitive Comparison of Goldway Education Group's Net Cash per Share

For the Education & Training Services subindustry, Goldway 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.


Goldway Education Group's Price-to-Net-Cash Distribution in the Education Industry

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

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



Goldway 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.

Goldway Education Group'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)
=(10.036-16.888-3.288)/125.4
=-0.08

Goldway Education Group'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)
=(10.001-15.067-3.322)/181.59
=-0.05

* 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.


Goldway Education Group  (HKSE:08160) 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.


Goldway Education Group Net Cash per Share Related Terms

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Goldway Education Group (HKSE:08160) Business Description

Traded in Other Exchanges
N/A
Address
Shop B10, 1/F, Goodrich Shopping Arcade, Tuen Mun, New Territories, Hong Kong, HKG
Goldway Education Group Ltd is an investment holding company. Its subsidiaries are principally engaged in the provision of tutoring services and franchising services in Hong Kong. The Group provides private tutoring services including primary and secondary tutoring services under the trade name of "Logic Tutorial Centre" and "Pedagog Education Centre".

Goldway Education Group (HKSE:08160) Headlines

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