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Anzheng Fashion Group Co (SHSE:603839) Net Cash per Share : ¥-0.26 (As of Mar. 2024)


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What is Anzheng Fashion Group 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). Anzheng Fashion Group Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-0.26.

The historical rank and industry rank for Anzheng Fashion Group 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 Anzheng Fashion Group Co was 53.73. The lowest was 13.60. And the median was 17.94.

SHSE:603839's Price-to-Net-Cash is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 6.41
* Ranked among companies with meaningful Price-to-Net-Cash only.

Anzheng Fashion Group Co Net Cash per Share Historical Data

The historical data trend for Anzheng Fashion Group 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.

Anzheng Fashion Group Co Net Cash per Share Chart

Anzheng Fashion Group 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 -1.36 -2.23 -1.42 -0.90 -0.43

Anzheng Fashion Group 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 -0.68 -0.51 -0.59 -0.43 -0.26

Competitive Comparison of Anzheng Fashion Group Co's Net Cash per Share

For the Apparel Manufacturing subindustry, Anzheng Fashion Group 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.


Anzheng Fashion Group Co's Price-to-Net-Cash Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Anzheng Fashion Group Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Anzheng Fashion Group Co's Price-to-Net-Cash falls into.



Anzheng Fashion Group 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.

Anzheng Fashion Group 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)
=(511.23-665.397-18.261)/399.212
=-0.43

Anzheng Fashion Group 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)
=(632.99-719.038-17.979)/399.212
=-0.26

* 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.


Anzheng Fashion Group Co  (SHSE:603839) 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.


Anzheng Fashion Group Co Net Cash per Share Related Terms

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Anzheng Fashion Group Co (SHSE:603839) Business Description

Traded in Other Exchanges
N/A
Address
No. 298 Guhui Road, Haining Economic Development Zone, Zhejiang Province, Haining, CHN, 314400
Anzheng Fashion Group Co Ltd is engaged in manufacturing of apparel and related products. The company offers men's and women's apparel products. The brand portfolio of the company includes JZ, IMM, Anzheng, Michelle Moissac, and Fiona Chen.
Executives
Tan Cai Nian senior management
Ge Guo Ping senior management
Zheng An Kun Director
Chen Ke Chuan Director
Zheng An Zheng Director
Zhao Ying senior management
Zheng Xiu Ping senior management

Anzheng Fashion Group Co (SHSE:603839) Headlines

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