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Xizang Zhufeng Resources Co (SHSE:600338) Net Cash per Share : ¥-2.66 (As of Mar. 2024)


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What is Xizang Zhufeng Resources 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). Xizang Zhufeng Resources Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-2.66.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Xizang Zhufeng Resources Co was 1164.00. The lowest was 193.86. And the median was 678.93.

SHSE:600338's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.24
* Ranked among companies with meaningful Price-to-Net-Cash only.

Xizang Zhufeng Resources Co Net Cash per Share Historical Data

The historical data trend for Xizang Zhufeng Resources 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.

Xizang Zhufeng Resources Co Net Cash per Share Chart

Xizang Zhufeng Resources Co 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 -1.33 -1.50 -1.16 -1.98 -2.50

Xizang Zhufeng Resources Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.10 -2.33 -2.28 -2.50 -2.66

Competitive Comparison of Xizang Zhufeng Resources Co's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Xizang Zhufeng Resources 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.


Xizang Zhufeng Resources Co's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xizang Zhufeng Resources Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Xizang Zhufeng Resources Co's Price-to-Net-Cash falls into.



Xizang Zhufeng Resources 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.

Xizang Zhufeng Resources 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)
=(21.626-2265.749-41.609)/914.21
=-2.50

Xizang Zhufeng Resources Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.13-2359.453-82.983)/914.21
=-2.66

* 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.


Xizang Zhufeng Resources Co  (SHSE:600338) 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.


Xizang Zhufeng Resources Co Net Cash per Share Related Terms

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Xizang Zhufeng Resources Co (SHSE:600338) Business Description

Traded in Other Exchanges
N/A
Address
No. 65, Beijing Middle Road, Tibet Autonomous Region, Lhasa, CHN, 200072
Tibet Summit Resources Co Ltd is a China-based company engaged in the mineral resources exploration, mining, ore processing, metal smelting, mineral products trading, and mineral resources. It is also involved in the resources and related industries investment operations and other services. The company is engaged in the activities of smelting, production, and sale of zinc, indium and other nonferrous metals. It also recycles and sells non-ferrous metal products.
Executives
Meng Xian Dang senior management
Huang Ya Ting senior management
Liang Ming Director
Cao Yu Gang senior management
Chen Xun Qiao Director

Xizang Zhufeng Resources Co (SHSE:600338) Headlines

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