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Sichuan Hexie Shuangma Co (SZSE:000935) Net Cash per Share : ¥0.52 (As of Mar. 2024)


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What is Sichuan Hexie Shuangma 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). Sichuan Hexie Shuangma Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥0.52.

The historical rank and industry rank for Sichuan Hexie Shuangma Co's Net Cash per Share or its related term are showing as below:

SZSE:000935' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 9.72   Med: 35.57   Max: 344.67
Current: 25.27

During the past 13 years, the highest Price-to-Net-Cash Ratio of Sichuan Hexie Shuangma Co was 344.67. The lowest was 9.72. And the median was 35.57.

SZSE:000935's Price-to-Net-Cash is ranked worse than
76.34% of 486 companies
in the Asset Management industry
Industry Median: 6.225 vs SZSE:000935: 25.27

Sichuan Hexie Shuangma Co Net Cash per Share Historical Data

The historical data trend for Sichuan Hexie Shuangma 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.

Sichuan Hexie Shuangma Co Net Cash per Share Chart

Sichuan Hexie Shuangma 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 0.14 1.30 0.74 -0.04 0.69

Sichuan Hexie Shuangma 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 0.21 0.36 0.41 0.69 0.52

Competitive Comparison of Sichuan Hexie Shuangma Co's Net Cash per Share

For the Asset Management subindustry, Sichuan Hexie Shuangma 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.


Sichuan Hexie Shuangma Co's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sichuan Hexie Shuangma Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sichuan Hexie Shuangma Co's Price-to-Net-Cash falls into.



Sichuan Hexie Shuangma 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.

Sichuan Hexie Shuangma 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)
=(1282.035-736.013-17.368)/763.44
=0.69

Sichuan Hexie Shuangma 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)
=(1103.284-691.711-16.905)/763.44
=0.52

* 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.


Sichuan Hexie Shuangma Co  (SZSE:000935) 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.


Sichuan Hexie Shuangma Co Net Cash per Share Related Terms

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Sichuan Hexie Shuangma Co (SZSE:000935) Business Description

Traded in Other Exchanges
N/A
Address
Erlangmiao Town, Sichuan Province, Jiangyou, CHN, 610000
Sichuan Hexie Shuangma Co Ltd is engaged in industrial investment and equity investment fund management. The company mainly manages assets including building materials manufacturing enterprises and equity investment fund management companies. Its building materials manufacturing enterprise business includes the production and sales of cement products and construction aggregates.
Executives
Feng Tao Executives
Xie Jin Hua Supervisors
Wang Qiao Director
Li Feng Li Supervisors
Zhang Yan Xue Director

Sichuan Hexie Shuangma Co (SZSE:000935) Headlines

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