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Ushine Photonics (ROCO:3678) Net Cash per Share : NT$1.52 (As of Dec. 2023)


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What is Ushine Photonics 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). Ushine Photonics's Net Cash per Share for the quarter that ended in Dec. 2023 was NT$1.52.

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

ROCO:3678' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 29.54   Med: 63.97   Max: 94.44
Current: 29.54

During the past 13 years, the highest Price-to-Net-Cash Ratio of Ushine Photonics was 94.44. The lowest was 29.54. And the median was 63.97.

ROCO:3678's Price-to-Net-Cash is ranked worse than
78.05% of 328 companies
in the Chemicals industry
Industry Median: 8.475 vs ROCO:3678: 29.54

Ushine Photonics Net Cash per Share Historical Data

The historical data trend for Ushine Photonics'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.

Ushine Photonics Net Cash per Share Chart

Ushine Photonics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.66 -8.78 -5.82 0.54 1.52

Ushine Photonics Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 -5.82 -5.60 0.54 1.05 1.52

Competitive Comparison of Ushine Photonics's Net Cash per Share

For the Chemicals subindustry, Ushine Photonics'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.


Ushine Photonics's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ushine Photonics's Price-to-Net-Cash distribution charts can be found below:

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



Ushine Photonics 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.

Ushine Photonics'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)
=(329.127-289.704-0)/25.9
=1.52

Ushine Photonics'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)
=(329.127-289.704-0)/25.9
=1.52

* 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.


Ushine Photonics  (ROCO:3678) 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.


Ushine Photonics Net Cash per Share Related Terms

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Ushine Photonics (ROCO:3678) Business Description

Traded in Other Exchanges
N/A
Address
No. 199, Section 3, Huanbei Road, Hsinchu, Chupei City, TWN, 302
Ushine Photonics Corp produces indium tin oxide film products for the touch panel and display industries. Its products include ITO-films for resistive touch panels, Low resistivity TCO-films, Optical Clear Adhesives, and Anti-static protective film. It is specialized in material analysis, roll-to-roll vacuum coater design, and reactive sputtering process.

Ushine Photonics (ROCO:3678) Headlines

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