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Shanghai International Shanghai Growth Investment (HKSE:770) Net Cash per Share : $0.10 (As of Dec. 2023)


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What is Shanghai International Shanghai Growth Investment Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Shanghai International Shanghai Growth Investment's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.10.

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

HKSE:770' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.71   Med: 1.89   Max: 3.23
Current: 0.71

During the past 13 years, the highest Price-to-Net-Cash Ratio of Shanghai International Shanghai Growth Investment was 3.23. The lowest was 0.71. And the median was 1.89.

HKSE:770's Price-to-Net-Cash is ranked better than
93.84% of 487 companies
in the Asset Management industry
Industry Median: 6.29 vs HKSE:770: 0.71

Shanghai International Shanghai Growth Investment Net Cash per Share Historical Data

The historical data trend for Shanghai International Shanghai Growth Investment'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.

Shanghai International Shanghai Growth Investment Net Cash per Share Chart

Shanghai International Shanghai Growth Investment Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.31 0.12 0.14 0.10

Shanghai International Shanghai Growth Investment Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.12 0.15 0.14 0.14 0.10

Competitive Comparison of Shanghai International Shanghai Growth Investment's Net Cash per Share

For the Asset Management subindustry, Shanghai International Shanghai Growth Investment'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.


Shanghai International Shanghai Growth Investment's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shanghai International Shanghai Growth Investment's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shanghai International Shanghai Growth Investment's Price-to-Net-Cash falls into.



Shanghai International Shanghai Growth Investment 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.

Shanghai International Shanghai Growth Investment's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai International Shanghai Growth Investment's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

* 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.


Shanghai International Shanghai Growth Investment  (HKSE:770) 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.


Shanghai International Shanghai Growth Investment Net Cash per Share Related Terms

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Shanghai International Shanghai Growth Investment (HKSE:770) Business Description

Traded in Other Exchanges
N/A
Address
48-62 Hennessy Road, Room 1501, 15th Floor, Shanghai Industrial Investment Building, Wanchai, Hong Kong, HKG
Shanghai International Shanghai Growth Investment Ltd is an investment holding company principally engaged in the investment business. The company operates its business through two segments. The Listed Securities segment is engaged in the investment in equity securities listed on relevant stock exchanges. The listed companies invested by the company are engaged in the e-commerce and Internet services businesses, telecommunication businesses, restaurant, and catering businesses, and others. The Unlisted Securities segment is engaged in the investment in unlisted equity securities. The unlisted companies invested by the company are engaged in the operation of business-to-business (B2B) platforms and other businesses.
Executives
Rosebrook Opportunities Fund Lp 2102 Investment manager

Shanghai International Shanghai Growth Investment (HKSE:770) Headlines

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