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Beijing Tianma Intelligent Control Technology Co (SHSE:688570) Net Cash per Share : ¥3.41 (As of Sep. 2024)


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What is Beijing Tianma Intelligent Control Technology 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). Beijing Tianma Intelligent Control Technology Co's Net Cash per Share for the quarter that ended in Sep. 2024 was ¥3.41.

The historical rank and industry rank for Beijing Tianma Intelligent Control Technology Co's Net Cash per Share or its related term are showing as below:

SHSE:688570' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.7   Med: 7.39   Max: 9.56
Current: 6.29

During the past 5 years, the highest Price-to-Net-Cash Ratio of Beijing Tianma Intelligent Control Technology Co was 9.56. The lowest was 5.70. And the median was 7.39.

SHSE:688570's Price-to-Net-Cash is ranked better than
63.49% of 630 companies
in the Industrial Products industry
Industry Median: 9.255 vs SHSE:688570: 6.29

Beijing Tianma Intelligent Control Technology Co Net Cash per Share Historical Data

The historical data trend for Beijing Tianma Intelligent Control Technology 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.

Beijing Tianma Intelligent Control Technology Co Net Cash per Share Chart

Beijing Tianma Intelligent Control Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-2.93 -2.26 -2.20 -1.74 3.52

Beijing Tianma Intelligent Control Technology Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.84 3.52 3.31 3.24 3.41

Competitive Comparison of Beijing Tianma Intelligent Control Technology Co's Net Cash per Share

For the Specialty Industrial Machinery subindustry, Beijing Tianma Intelligent Control Technology 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.


Beijing Tianma Intelligent Control Technology Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Tianma Intelligent Control Technology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Beijing Tianma Intelligent Control Technology Co's Price-to-Net-Cash falls into.



Beijing Tianma Intelligent Control Technology 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.

Beijing Tianma Intelligent Control Technology 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)
=(2816.792-1293.008-0)/433.000
=3.52

Beijing Tianma Intelligent Control Technology Co's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2705.719-1228.807-0)/433.000
=3.41

* 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.


Beijing Tianma Intelligent Control Technology Co  (SHSE:688570) 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.


Beijing Tianma Intelligent Control Technology Co Net Cash per Share Related Terms

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Beijing Tianma Intelligent Control Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 27, Linhe South Street, Science and Technology Innovation Functional Area, Shunyi, Beijing, CHN, 101399
Beijing Tianma Intelligent Control Technology Co Ltd is engaged in Research and development, production, sales and service of coal mine unmanned intelligent mining control technology and equipment. It is improving the safety level and production efficiency of coal mine mining with high-quality products and precise services, and liberating coal miners from dangerous and harsh coal mining working faces.

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