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Huitongda Network Co (HKSE:09878) Net Cash per Share : HK$-27.81 (As of Dec. 2023)


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What is Huitongda Network 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). Huitongda Network Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-27.81.

The historical rank and industry rank for Huitongda Network Co's Net Cash per Share or its related term are showing as below:

HKSE:09878's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 8.16
* Ranked among companies with meaningful Price-to-Net-Cash only.

Huitongda Network Co Net Cash per Share Historical Data

The historical data trend for Huitongda Network 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.

Huitongda Network Co Net Cash per Share Chart

Huitongda Network Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -33.62 -41.14 -50.27 -25.86 -27.81

Huitongda Network Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -50.27 -29.38 -25.86 -27.48 -27.81

Competitive Comparison of Huitongda Network Co's Net Cash per Share

For the Software - Application subindustry, Huitongda Network 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.


Huitongda Network Co's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Huitongda Network Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Huitongda Network Co's Price-to-Net-Cash falls into.



Huitongda Network 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.

Huitongda Network 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)
=(7691.396-21454.518-1884.111)/562.57
=-27.81

Huitongda Network 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)
=(7691.396-21454.518-1884.111)/562.57
=-27.81

* 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.


Huitongda Network Co  (HKSE:09878) 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.


Huitongda Network Co Net Cash per Share Related Terms

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Huitongda Network Co (HKSE:09878) Business Description

Traded in Other Exchanges
N/A
Address
50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN
Huitongda Network Co Ltd is a transaction and service platform serving corporate customers in China's retail industry, and is committed to providing high-quality goods and services for China's sinking market. In addition, Huitongda also provides store SaaS and merchant solutions to retail stores and channel cooperation customers in the industrial value chain by virtue of its digital capabilities, and provides a stable one-stop supply chain to member retail stores, including providing rich and diverse services on the platform.
Executives
Xu Xiuxian 2101 Beneficial owner
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2201 Interest of corporation controlled by you
Taobao Holding Limited 2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si 2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si 2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si 2101 Beneficial owner
Wang Jianguo

Huitongda Network Co (HKSE:09878) Headlines

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