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Gotion High-tech Co (SZSE:002074) Net Cash per Share : ¥-30.87 (As of Mar. 2024)


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What is Gotion High-tech 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). Gotion High-tech Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-30.87.

The historical rank and industry rank for Gotion High-tech Co's Net Cash per Share or its related term are showing as below:

SZSE:002074's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.24
* Ranked among companies with meaningful Price-to-Net-Cash only.

Gotion High-tech Co Net Cash per Share Historical Data

The historical data trend for Gotion High-tech 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.

Gotion High-tech Co Net Cash per Share Chart

Gotion High-tech 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 -11.13 -10.30 -8.05 -17.70 -27.62

Gotion High-tech 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 -20.79 -21.81 -25.01 -27.62 -30.87

Competitive Comparison of Gotion High-tech Co's Net Cash per Share

For the Electrical Equipment & Parts subindustry, Gotion High-tech 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.


Gotion High-tech Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gotion High-tech Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Gotion High-tech Co's Price-to-Net-Cash falls into.



Gotion High-tech 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.

Gotion High-tech 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)
=(19220.136-67296.771-1229.041)/1785.19
=-27.62

Gotion High-tech 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)
=(17940.17-71885.001-1178.304)/1785.72
=-30.87

* 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.


Gotion High-tech Co  (SZSE:002074) 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.


Gotion High-tech Co Net Cash per Share Related Terms

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Gotion High-tech Co (SZSE:002074) Business Description

Traded in Other Exchanges
N/A
Address
No. 599 Daihe Road, Xinzhan District, Hefei, CHN, 230012
Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 3% market share in 2022 in terms of installed capacity, and fourth in China with 5% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.
Executives
An Dong Liang Executives
Director
Wu Yong Gang Executives
Hou Fei Executives
Peng Ming Supervisors
Huang Zhang Xi Executives
Director
Song Jin Bao Executives
Yang Xu Lai Director
Li Zhen Directors, executives
Shen Qiang Sheng Securities Affairs Representative
Fang Xin Yu Executives
Ma Gui Fu Directors, executives
Hu Jiang Lin Directors, executives
Qiu Wei Dong Directors, executives

Gotion High-tech Co (SZSE:002074) Headlines

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