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Industrial Bank Co (SHSE:601166) Net Cash per Share : ¥-420.69 (As of Dec. 2024)


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What is Industrial Bank Co Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Industrial Bank Co's Net Cash per Share for the quarter that ended in Dec. 2024 was ¥-420.69.

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

SHSE:601166's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 3.085
* Ranked among companies with meaningful Price-to-Net-Cash only.

Industrial Bank Co Net Cash per Share Historical Data

The historical data trend for Industrial Bank 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.

Industrial Bank Co Net Cash per Share Chart

Industrial Bank Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -316.51 -339.52 -367.37 -403.81 -420.69

Industrial Bank Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -403.81 -402.02 -407.96 -412.47 -420.69

Competitive Comparison of Industrial Bank Co's Net Cash per Share

For the Banks - Regional subindustry, Industrial Bank 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.


Industrial Bank Co's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial Bank Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Industrial Bank Co's Price-to-Net-Cash falls into.


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Industrial Bank 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.

Industrial Bank Co's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

Net Cash per Share (A: Dec. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(886536+0-9614287-11703)/20774.308
=-420.69

Industrial Bank Co's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

Net Cash per Share (Q: Dec. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(886536+0-9614287-11703)/20774.308
=-420.69

* 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.


Industrial Bank Co  (SHSE:601166) 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.


Industrial Bank Co Net Cash per Share Related Terms

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Industrial Bank Co Business Description

Traded in Other Exchanges
N/A
Address
No. 398 Jiangbin Middle Avenue, Industrial Bank Building, Taijiang District, Fujian Province, Fuzhou, CHN, 350014
Industrial Bank was founded in 1988 and started as a regional bank in Fujian province. It has grown to become the second-largest joint-stock bank in China with more than CNY 10 trillion in assets as of December 2023. The bank offers a full range of commercial banking services. Its specialty is bank-bank cooperation. It also operates a proprietary "Yinyin platform" that offers complete financial service solutions to other financial institutions such as payments and settlements, wealth management, and technology output services.
Executives
Bao Luo Xi Er Director
Lai Fu Rong Supervisors
Li Wei Min Directors, senior managers
Chen Jin Guang Directors, senior managers
Jiang Yun Ming Supervisors
Tao Yi Ping Directors, senior managers
Lin Hua Director
Sun Xiong Peng senior management
Chen Xin Jian Directors, senior managers
Lin Teng Jiao Director
Xia Da Wei Supervisors
Xue He Feng senior management
Li Jian Supervisors
Lin Zhang Yi senior management

Industrial Bank Co Headlines

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