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Threes Company Media Group Co (SHSE:605168) Net Cash per Share : ¥-5.12 (As of Mar. 2024)


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What is Threes Company Media 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). Threes Company Media Group Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-5.12.

The historical rank and industry rank for Threes Company Media Group Co's Net Cash per Share or its related term are showing as below:

During the past 11 years, the highest Price-to-Net-Cash Ratio of Threes Company Media Group Co was 223.58. The lowest was 29.21. And the median was 36.02.

SHSE:605168's Price-to-Net-Cash is not ranked *
in the Media - Diversified industry.
Industry Median: 5.66
* Ranked among companies with meaningful Price-to-Net-Cash only.

Threes Company Media Group Co Net Cash per Share Historical Data

The historical data trend for Threes Company Media 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.

Threes Company Media Group Co Net Cash per Share Chart

Threes Company Media Group Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.96 2.04 -1.99 -10.18 -5.05

Threes Company Media 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 -7.94 -8.83 -10.38 -5.05 -5.12

Competitive Comparison of Threes Company Media Group Co's Net Cash per Share

For the Advertising Agencies subindustry, Threes Company Media 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.


Threes Company Media Group Co's Price-to-Net-Cash Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Threes Company Media Group Co's Price-to-Net-Cash falls into.



Threes Company Media 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.

Threes Company Media 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)
=(905.45-1980.825-7.807)/214.289
=-5.05

Threes Company Media 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)
=(562.807-1631.559-27.793)/214.287
=-5.12

* 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.


Threes Company Media Group Co  (SHSE:605168) 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.


Threes Company Media Group Co Net Cash per Share Related Terms

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Threes Company Media Group Co (SHSE:605168) Business Description

Traded in Other Exchanges
N/A
Address
Keji 2nd Road, Xi'an Software Park, No. 72, E401, Tangle Pavilion, High-tech Zone, Shaanxi Province, Xi'an, CHN
Threes Company Media Group Co Ltd is a one-stop campus integrated marketing and professional digital marketing service provider. The company is engaged in digital marketing services, scene activity services and campus media marketing services. Its services include campus integration marketing, public relations event planning, and case-based digital marketing. System, service content covers campus marketing and promotion, campus event planning, brand strategy, Internet communication strategy, media strategy, creative services, technical services, media procurement, social marketing and many other aspects.
Executives
Guo Xian Wei Director
Wang Chuan Directors, senior managers
Li Da senior management
Chen Sheng senior management
Zhang Hao Directors, senior managers
Dai Xiu Ju Supervisors
Wang Lei Supervisors
Qian Jun Dong Directors, senior managers

Threes Company Media Group Co (SHSE:605168) Headlines

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