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Wan Cheng Metal Packaging Co (HKSE:08291) Net Cash per Share : HK$-1.15 (As of Dec. 2023)


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What is Wan Cheng Metal Packaging Co 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). Wan Cheng Metal Packaging Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-1.15.

The historical rank and industry rank for Wan Cheng Metal Packaging Co's Net Cash per Share or its related term are showing as below:

HKSE:08291's Price-to-Net-Cash is not ranked *
in the Packaging & Containers industry.
Industry Median: 8.18
* Ranked among companies with meaningful Price-to-Net-Cash only.

Wan Cheng Metal Packaging Co Net Cash per Share Historical Data

The historical data trend for Wan Cheng Metal Packaging 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.

Wan Cheng Metal Packaging Co Net Cash per Share Chart

Wan Cheng Metal Packaging 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 -3.67 -9.07 -2.18 -0.95 -1.15

Wan Cheng Metal Packaging Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.95 - -0.86 - -1.15

Competitive Comparison of Wan Cheng Metal Packaging Co's Net Cash per Share

For the Packaging & Containers subindustry, Wan Cheng Metal Packaging 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.


Wan Cheng Metal Packaging Co's Price-to-Net-Cash Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Wan Cheng Metal Packaging Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Wan Cheng Metal Packaging Co's Price-to-Net-Cash falls into.



Wan Cheng Metal Packaging 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.

Wan Cheng Metal Packaging 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 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(36.437-219.834-0)/160.000
=-1.15

Wan Cheng Metal Packaging Co'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)
=(36.437-219.834-0)/160.000
=-1.15

* 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.


Wan Cheng Metal Packaging Co  (HKSE:08291) 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.


Wan Cheng Metal Packaging Co Net Cash per Share Related Terms

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Wan Cheng Metal Packaging Co (HKSE:08291) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Huada Road, Ronggui Street, Hi-tech Industrial Development Zone, Shunde District, Guangdong Province, Foshan, CHN
Wan Cheng Metal Packaging Co Ltd is an investment holding company. It is a manufacturer of tinplate packaging products including tin cans and steel pails. The group operates in one operating segment which is the manufacturing and sales of tinplate packaging products in China. It derives the majority of its geographical revenues from China.
Executives
Liang Zhimei 2101 Beneficial owner
Zhang Zhiwei 2101 Beneficial owner
Liang Jianxun 2101 Beneficial owner
Liang Yingjun 2202 Interest of your spouse
Fortune Time Enterprises Limited
Liang Sharina
Century Great Investments Limited
Liang Jianheng
Liang Yingjun
Law Sai Hung

Wan Cheng Metal Packaging Co (HKSE:08291) Headlines

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