Hangzhou XZB Tech Co (SHSE:603040) Net Cash per Share : ¥1.58 (As of Mar. 2024)

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What is Hangzhou XZB Tech 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). Hangzhou XZB Tech Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥1.58.

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

SHSE:603040' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 7.13 Med: 14.29 Max: 863.91
Current: 12.63

During the past 13 years, the highest Price-to-Net-Cash Ratio of Hangzhou XZB Tech Co was 863.91. The lowest was 7.13. And the median was 14.29.

SHSE:603040's Price-to-Net-Cash is ranked worse than
64.29% of 168 companies
in the Vehicles & Parts industry
Industry Median: 7.81 vs SHSE:603040: 12.63

Hangzhou XZB Tech Co Net Cash per Share Historical Data

The historical data trend for Hangzhou XZB Tech 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.

Hangzhou XZB Tech Co Net Cash per Share Chart

Hangzhou XZB Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

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1.94

1.84

1.04

1.45

1.21

Hangzhou XZB Tech 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															1.98	2.12	2.45	1.21	1.58

Competitive Comparison of Hangzhou XZB Tech Co's Net Cash per Share

For the Auto Parts subindustry, Hangzhou XZB Tech 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.

Hangzhou XZB Tech Co's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hangzhou XZB Tech Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Hangzhou XZB Tech Co's Price-to-Net-Cash falls into.

Hangzhou XZB Tech 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.

Hangzhou XZB Tech 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)
=	(415.352	-	214.401	-	36.964)	/	135.108
=	1.21

Hangzhou XZB Tech 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)
=	(444.549	-	192.937	-	38.787)	/	135.108
=	1.58

Hangzhou XZB Tech Co (SHSE:603040) 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.

Hangzhou XZB Tech Co Net Cash per Share Related Terms

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Hangzhou XZB Tech Co (SHSE:603040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hangzhou XZB Tech Co Ltd (SHSE:603040) » Definitions » Net Cash per Share

Traded in Other Exchanges

N/A

Address

No.18 Longtan Road, Building 1-5, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121

Website

http://www.xzbco.com

Hangzhou XZB Tech Co Ltd is a China based company engaged in the research and development of valve train system and parts manufacturing in car industry. The products offered by the company includes valve cotters (collets), valve spring retainers, hydraulic lash adjusters and finger followers, push rods and tappets for heavy duty diesel engines. In addition, the company also produces precision cold forming components together with good service for power tool, household electrical appliance, aerospace, machinery and other applications.

Executives

Hu Xin	Directors, senior managers
Wang Jian Jun	Supervisors
Xu Xue Quan	Supervisors
Yao Guo Xing	Director
Zheng Xiao Ling	senior management
Ren Hai Jun	Director
Yang Qi Ping	senior management
Yang Zhi Jun	senior management
Yan Zhen Qiang	Supervisors
Zhang Ying	senior management
Feng You Sheng	Director

Hangzhou XZB Tech Co (SHSE:603040) Headlines

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