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Shandong Denghai Seeds Co (SZSE:002041) Net Cash per Share : ¥2.07 (As of Mar. 2024)


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What is Shandong Denghai Seeds 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). Shandong Denghai Seeds Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥2.07.

The historical rank and industry rank for Shandong Denghai Seeds Co's Net Cash per Share or its related term are showing as below:

SZSE:002041' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 4.31   Med: 8.73   Max: 12.77
Current: 4.68

During the past 13 years, the highest Price-to-Net-Cash Ratio of Shandong Denghai Seeds Co was 12.77. The lowest was 4.31. And the median was 8.73.

SZSE:002041's Price-to-Net-Cash is ranked better than
72.29% of 314 companies
in the Consumer Packaged Goods industry
Industry Median: 9.905 vs SZSE:002041: 4.68

Shandong Denghai Seeds Co Net Cash per Share Historical Data

The historical data trend for Shandong Denghai Seeds 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.

Shandong Denghai Seeds Co Net Cash per Share Chart

Shandong Denghai Seeds 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 1.53 1.91 2.02 1.81 2.03

Shandong Denghai Seeds 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 1.85 1.75 1.68 2.03 2.07

Competitive Comparison of Shandong Denghai Seeds Co's Net Cash per Share

For the Farm Products subindustry, Shandong Denghai Seeds 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.


Shandong Denghai Seeds Co's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Denghai Seeds Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shandong Denghai Seeds Co's Price-to-Net-Cash falls into.



Shandong Denghai Seeds 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.

Shandong Denghai Seeds 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)
=(3020.399-917.631-314.984)/880
=2.03

Shandong Denghai Seeds 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)
=(2911.153-772.955-316.897)/880
=2.07

* 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.


Shandong Denghai Seeds Co  (SZSE:002041) 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.


Shandong Denghai Seeds Co Net Cash per Share Related Terms

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Shandong Denghai Seeds Co (SZSE:002041) Business Description

Traded in Other Exchanges
N/A
Address
Chengshan Road West, Agricultural Science Institute of Laizhou City, Shandong Province, Laizhou, CHN, 261448
Shandong Denghai Seeds Co Ltd is a Chinese company engaged in the production and distribution of crop seeds. The company's products are Chinese cabbages, radish seeds, zucchini varieties, watermelon seeds, melon seeds, cabbage seeds, beans seeds, onion seeds, eggplant seeds, pepper seeds and others. It sells the products in China and other international countries.
Executives
Deng Li Executives
Zhang Xi Quan Director
Wu Shu Ke Executives
Cheng Li Executives
Li Hong Ling Supervisors
Mao Shu Ling Executives
Yan Li Xiang Executives
Li Xu Hua Director
Wang Ning Director
Mao Li Hua Director
Tang Shi Wei Supervisors
Wang Long Xiang Executives
Zhao Jiu Ran Director
Li Deng Sui Director
Wang Yu Ling Supervisors

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