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True Partner Capital Holding (HKSE:08657) Net Cash per Share : HK$0.11 (As of Jun. 2024)


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What is True Partner Capital Holding 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). True Partner Capital Holding's Net Cash per Share for the quarter that ended in Jun. 2024 was HK$0.11.

The historical rank and industry rank for True Partner Capital Holding's Net Cash per Share or its related term are showing as below:

HKSE:08657' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.18   Med: 2.7   Max: 4.18
Current: 4.18

During the past 6 years, the highest Price-to-Net-Cash Ratio of True Partner Capital Holding was 4.18. The lowest was 2.18. And the median was 2.70.

HKSE:08657's Price-to-Net-Cash is ranked better than
62.34% of 462 companies
in the Asset Management industry
Industry Median: 8.72 vs HKSE:08657: 4.18

True Partner Capital Holding Net Cash per Share Historical Data

The historical data trend for True Partner Capital Holding'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.

True Partner Capital Holding Net Cash per Share Chart

True Partner Capital Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial 0.10 0.38 0.38 0.28 0.14

True Partner Capital Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 0.21 - 0.14 0.11

Competitive Comparison of True Partner Capital Holding's Net Cash per Share

For the Asset Management subindustry, True Partner Capital Holding'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.


True Partner Capital Holding's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, True Partner Capital Holding's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where True Partner Capital Holding's Price-to-Net-Cash falls into.



True Partner Capital Holding 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.

True Partner Capital Holding'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)
=(66.466-10.418-0)/400
=0.14

True Partner Capital Holding's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(53.784-8.578-0)/400
=0.11

* 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.


True Partner Capital Holding  (HKSE:08657) 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.


True Partner Capital Holding Net Cash per Share Related Terms

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True Partner Capital Holding Business Description

Traded in Other Exchanges
N/A
Address
25 Canton Road, The Gateway, Suites 2902-3, 29th Floor, The Gateway Tower 2, Harbour City,Tsim Sha Tsui, Kowloon, Hong Kong, HKG
True Partner Capital Holding Ltd is an investment holding company principally engaged in fund management business and consultancy services. The Company manages funds and managed accounts on a discretionary basis using a global volatility relative value trading strategy supported by its own in-house proprietary trading platform. The Company also provides consultancy services to complement the fund management business.
Executives
Chan Kong Yoke Keow 2202 Interest of your spouse
Chan Heng Fai Ambrose 2201 Interest of corporation controlled by you
Hekster Tobias Benjamin 2101 Beneficial owner
Kurpershoek-hekster Franca 2202 Interest of your spouse
Van Bakel Roy 2101 Beneficial owner
Heijboer Godefriedus Jelte 2101 Beneficial owner
Wong Rosa Maria 2202 Interest of your spouse
Dss, Inc. 2201 Interest of corporation controlled by you
True Partner International Limited 2101 Beneficial owner
Dss Securities, Inc. 2201 Interest of corporation controlled by you
Dss Financial Management, Inc. 2201 Interest of corporation controlled by you
Hfe Holdings Limited 2201 Interest of corporation controlled by you
Alset Ehome International Inc. 2201 Interest of corporation controlled by you
Van Put Ralph Paul Johan 2201 Interest of corporation controlled by you
True Partner Participation Limited 2101 Beneficial owner

True Partner Capital Holding Headlines

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