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Zhejiang Sunriver Culture Co (SHSE:600576) Net Cash per Share : ¥-1.10 (As of Sep. 2024)


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What is Zhejiang Sunriver Culture 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). Zhejiang Sunriver Culture Co's Net Cash per Share for the quarter that ended in Sep. 2024 was ¥-1.10.

The historical rank and industry rank for Zhejiang Sunriver Culture 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 Zhejiang Sunriver Culture Co was 2235.00. The lowest was 11.12. And the median was 27.43.

SHSE:600576's Price-to-Net-Cash is not ranked *
in the Media - Diversified industry.
Industry Median: 5.435
* Ranked among companies with meaningful Price-to-Net-Cash only.

Zhejiang Sunriver Culture Co Net Cash per Share Historical Data

The historical data trend for Zhejiang Sunriver Culture 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.

Zhejiang Sunriver Culture Co Net Cash per Share Chart

Zhejiang Sunriver Culture 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 -0.06 0.24 -0.79 -0.27 -0.41

Zhejiang Sunriver Culture Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.50 -0.41 -0.51 -0.54 -1.10

Competitive Comparison of Zhejiang Sunriver Culture Co's Net Cash per Share

For the Entertainment subindustry, Zhejiang Sunriver Culture 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.


Zhejiang Sunriver Culture Co's Price-to-Net-Cash Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhejiang Sunriver Culture Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Zhejiang Sunriver Culture Co's Price-to-Net-Cash falls into.



Zhejiang Sunriver Culture 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.

Zhejiang Sunriver Culture 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)
=(528.272-868.993-95.67)/1067.32
=-0.41

Zhejiang Sunriver Culture Co's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(194.464-1159.146-192.92)/1054.55
=-1.10

* 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.


Zhejiang Sunriver Culture Co  (SHSE:600576) 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.


Zhejiang Sunriver Culture Co Net Cash per Share Related Terms

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Zhejiang Sunriver Culture Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Miduqiao Road, 12th Floor, Baima Building, Hangzhou, CHN, 310005
Zhejiang Sunriver Culture Co Ltd is a China-based company engaged in culture consulting, animation design, film and television planning, information services, among others. The group is mainly engaged in the creation, planning, production, distribution, and animation of mobile internet animation, animation related copyright authorization and animation related internet and mobile online game development and operation services. In addition, the company is also involved in the finance business.
Executives
Zhan Chun Wei senior management
Gao Chao Hui senior management
Chen Ya Wen Supervisors
Yu Zhen Xiang Supervisors
Sun Dong Yang Directors, senior managers
Chen Yun Zhao Supervisors
Xu Zhong Ping Director
Wang Qi senior management
Wang Heng Directors, senior managers
Liu Wei Director
Feng Guo Chang Director
Wang Wei Zhi senior management
Yan Dong Lai Director

Zhejiang Sunriver Culture Co Headlines

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