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Cornerstone Technologies Holdings (HKSE:08391) Net Cash per Share : HK$-0.10 (As of Dec. 2023)


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What is Cornerstone Technologies 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). Cornerstone Technologies Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-0.10.

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

During the past 8 years, the highest Price-to-Net-Cash Ratio of Cornerstone Technologies Holdings was 2.00. The lowest was 2.00. And the median was 2.00.

HKSE:08391's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 7.75
* Ranked among companies with meaningful Price-to-Net-Cash only.

Cornerstone Technologies Holdings Net Cash per Share Historical Data

The historical data trend for Cornerstone Technologies 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.

Cornerstone Technologies Holdings Net Cash per Share Chart

Cornerstone Technologies Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial 0.08 -0.01 -0.15 -0.15 -0.10

Cornerstone Technologies Holdings 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 -0.15 - -0.14 - -0.10

Competitive Comparison of Cornerstone Technologies Holdings's Net Cash per Share

For the Specialty Business Services subindustry, Cornerstone Technologies 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.


Cornerstone Technologies Holdings's Price-to-Net-Cash Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cornerstone Technologies Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Cornerstone Technologies 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.

Cornerstone Technologies 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)
=(23.381-114.704--0.008)/886.239
=-0.10

Cornerstone Technologies 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)
=(23.381-114.704--0.008)/886.239
=-0.10

* 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.


Cornerstone Technologies Holdings  (HKSE:08391) 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.


Cornerstone Technologies Holdings Net Cash per Share Related Terms

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Cornerstone Technologies Holdings (HKSE:08391) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Science Museum Road, Office Units 1107 - 11, 11th Floor, New East Ocean Centre, Kowloon - District, Hong Kong, HKG
Cornerstone Technologies Holdings Ltd is an investment holding company. It is a printing services provider which principally engages in the provisions of printing, typesetting and translation services in Hong Kong. The group is also engaged in supplying EV integrated charging solutions, including central management system, hub for e-payment, load management system and license plate recognition system to electric vehicle and smart parking. It derives prime revenue from the Printing business.
Executives
Wu Jianwei 2101 Beneficial owner
Liang Zihao 2101 Beneficial owner
Global Fortune Global Limited 2101 Beneficial owner
Tanner Enterprises Group Limited 2201 Interest of corporation controlled by you
Glorytwin Limited 2101 Beneficial owner
Wu Yanyan 2101 Beneficial owner
Li Man Keung Edwin 2201 Interest of corporation controlled by you
Gateway Capital (hong Kong) Limited 2102 Investment manager
Gaw Growth Equity Fund I Gp Limited 2201 Interest of corporation controlled by you
Abax Asian Structured Private Credit Fund 2022, Lp 2101 Beneficial owner
Abax Global Capital Gp 2022 Ltd. 2201 Interest of corporation controlled by you
Lau Wai Yan Lawson 2101 Beneficial owner

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