GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yutong Heavy Industries Co Ltd (SHSE:600817) » Definitions » Net Cash per Share

Yutong Heavy Industries Co (SHSE:600817) Net Cash per Share : ¥-1.75 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Yutong Heavy Industries 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). Yutong Heavy Industries Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-1.75.

The historical rank and industry rank for Yutong Heavy Industries 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 Yutong Heavy Industries Co was 70.63. The lowest was 70.63. And the median was 70.63.

SHSE:600817's Price-to-Net-Cash is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 7.625
* Ranked among companies with meaningful Price-to-Net-Cash only.

Yutong Heavy Industries Co Net Cash per Share Historical Data

The historical data trend for Yutong Heavy Industries 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.

Yutong Heavy Industries Co Net Cash per Share Chart

Yutong Heavy Industries 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 -4.62 -1.25 -1.21 -2.10 -1.69

Yutong Heavy Industries 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 -1.51 -1.37 -1.22 -1.69 -1.75

Competitive Comparison of Yutong Heavy Industries Co's Net Cash per Share

For the Farm & Heavy Construction Machinery subindustry, Yutong Heavy Industries 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.


Yutong Heavy Industries Co's Price-to-Net-Cash Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Heavy Industries Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Yutong Heavy Industries Co's Price-to-Net-Cash falls into.



Yutong Heavy Industries 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.

Yutong Heavy Industries 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)
=(1124.975-1853.018-184.513)/541.508
=-1.69

Yutong Heavy Industries 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)
=(1022.857-1781.597-187.926)/541.508
=-1.75

* 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.


Yutong Heavy Industries Co  (SHSE:600817) 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.


Yutong Heavy Industries Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Yutong Heavy Industries Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Yutong Heavy Industries Co (SHSE:600817) Business Description

Traded in Other Exchanges
N/A
Address
No. 86, Poyang Lake Road, 106, 1st Floor, Blue Mountain Mansion, Airport Port, Henan Province, Zhengzhou, CHN, 450000
Yutong Heavy Industries Co Ltd is a large-scale Chinese military and civil engineering machinery, environmental protection, special-purpose vehicle and other products and services professional manufacturing enterprise integrating scientific research and development, manufacturing, sales and services.
Executives
Zhang Zhe Director
Dai Ling Mei Directors, senior managers
Wang Dong Xin Director
Wang Xue Min Director
Xu Li Supervisors
Ma Shu Heng Director
Zhang Xiao Jun senior management
Hu Feng Ju senior management
Sun Ke Supervisors
Meng Qing Yi Supervisors
Chu Xin Jian Directors, senior managers
Cao Zhong Yan Director
Wang Xiao Fei Director
Cao Jian Wei Director
Liang Mu Jin Directors, senior managers

Yutong Heavy Industries Co (SHSE:600817) Headlines

No Headlines