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Shanghai Topcare Medical Services Co (SHSE:600532) Net Cash per Share : ¥-0.47 (As of Mar. 2023)


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What is Shanghai Topcare Medical Services 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). Shanghai Topcare Medical Services Co's Net Cash per Share for the quarter that ended in Mar. 2023 was ¥-0.47.

The historical rank and industry rank for Shanghai Topcare Medical Services Co's Net Cash per Share or its related term are showing as below:

SHSE:600532'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.

Shanghai Topcare Medical Services Co Net Cash per Share Historical Data

The historical data trend for Shanghai Topcare Medical Services 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.

Shanghai Topcare Medical Services Co Net Cash per Share Chart

Shanghai Topcare Medical Services Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.83 -1.07 -0.41 -2.51 -2.05

Shanghai Topcare Medical Services Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -1.42 1.03 -1.36 -2.05 -0.47

Competitive Comparison of Shanghai Topcare Medical Services Co's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Shanghai Topcare Medical Services 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.


Shanghai Topcare Medical Services Co's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Topcare Medical Services Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shanghai Topcare Medical Services Co's Price-to-Net-Cash falls into.



Shanghai Topcare Medical Services 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.

Shanghai Topcare Medical Services Co's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.344-1070.519--11.715)/516.066
=-2.05

Shanghai Topcare Medical Services Co's Net Cash per Share for the quarter that ended in Mar. 2023 is calculated as

Net Cash per Share (Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(825.849-1079.436--12.479)/516.066
=-0.47

* 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 Topcare Medical Services Co  (SHSE:600532) 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 Topcare Medical Services Co Net Cash per Share Related Terms

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Shanghai Topcare Medical Services Co (SHSE:600532) Business Description

Traded in Other Exchanges
N/A
Address
488 Yincheng Middle Road, Room 2302, Taiping Financial Building, Pudong New Area, Shanghai, CHN, 200120
Shanghai Topcare Medical Services Co Ltd, formerly Shanghai Hongda Mining Co Ltd and its subsidiaries are engaged in mining and exploration in Shandong Province.
Executives
Cui Zhi Huo Director
Zhu Shi Min senior management

Shanghai Topcare Medical Services Co (SHSE:600532) Headlines

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