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AECC Aero-Engine Controls Co (SZSE:000738) Net Cash per Share : ¥-0.03 (As of Mar. 2024)


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What is AECC Aero-Engine Controls 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). AECC Aero-Engine Controls Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-0.03.

The historical rank and industry rank for AECC Aero-Engine Controls 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 AECC Aero-Engine Controls Co was 854.67. The lowest was 21.49. And the median was 26.04.

SZSE:000738's Price-to-Net-Cash is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.56
* Ranked among companies with meaningful Price-to-Net-Cash only.

AECC Aero-Engine Controls Co Net Cash per Share Historical Data

The historical data trend for AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co Net Cash per Share Chart

AECC Aero-Engine Controls 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 -0.33 -0.93 1.38 0.03 0.19

AECC Aero-Engine Controls 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 -0.24 -0.27 -0.42 0.19 -0.03

Competitive Comparison of AECC Aero-Engine Controls Co's Net Cash per Share

For the Aerospace & Defense subindustry, AECC Aero-Engine Controls 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.


AECC Aero-Engine Controls Co's Price-to-Net-Cash Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aero-Engine Controls Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where AECC Aero-Engine Controls Co's Price-to-Net-Cash falls into.



AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls 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)
=(4205.318-3573.72-383.24)/1315.18
=0.19

AECC Aero-Engine Controls 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)
=(3853.734-3510.971-384.269)/1315.18
=-0.03

* 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.


AECC Aero-Engine Controls Co  (SZSE:000738) 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.


AECC Aero-Engine Controls Co Net Cash per Share Related Terms

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AECC Aero-Engine Controls Co (SZSE:000738) Business Description

Traded in Other Exchanges
N/A
Address
No.72 , Liangxi Road, Binhu District, Jiangsu Province, Wuxi City, CHN
AECC Aero-Engine Controls Co Ltd is engaged in the provision of aviation and defense and non-aviation civilian products. The company provides civil aviation control system precision components for well-known aviation companies abroad. It operates through three major business segments, Engine Control Systems and Components, International Cooperation and Non-Navigation Products. The Engine Control System and Components business mainly include the development, production, repair, and sales of aero-engine control systems and derivative products.

AECC Aero-Engine Controls Co (SZSE:000738) Headlines

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