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ZX (HKSE:09890) Net Cash per Share : HK$-8.34 (As of Dec. 2023)


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What is ZX 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). ZX's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-8.34.

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

HKSE:09890's Price-to-Net-Cash is not ranked *
in the Interactive Media industry.
Industry Median: 6.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

ZX Net Cash per Share Historical Data

The historical data trend for ZX'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.

ZX Net Cash per Share Chart

ZX Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-5.00 -8.09 -13.65 -8.34

ZX Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Net Cash per Share -5.00 -8.09 -13.65 -8.34

Competitive Comparison of ZX's Net Cash per Share

For the Electronic Gaming & Multimedia subindustry, ZX'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.


ZX's Price-to-Net-Cash Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ZX's Price-to-Net-Cash distribution charts can be found below:

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



ZX 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.

ZX'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)
=(991.822-5460.609--11.746)/534.44
=-8.34

ZX'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)
=(991.822-5460.609--11.746)/534.44
=-8.34

* 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.


ZX  (HKSE:09890) 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.


ZX Net Cash per Share Related Terms

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ZX (HKSE:09890) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Olympic Stadium South Road, Tanwan Game Building, Building B, Synaesthesia Thinking Industrial Park, Tianhe, Guangdong, Guangzhou, CHN
ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of 11 game products for more than five years and 28 game products for more than three years.

ZX (HKSE:09890) Headlines

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