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Hefei Meyer Optoelectronic Technology (SZSE:002690) Net Cash per Share : ¥1.64 (As of Mar. 2025)


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What is Hefei Meyer Optoelectronic Technology 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). Hefei Meyer Optoelectronic Technology's Net Cash per Share for the quarter that ended in Mar. 2025 was ¥1.64.

The historical rank and industry rank for Hefei Meyer Optoelectronic Technology's Net Cash per Share or its related term are showing as below:

SZSE:002690' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 9.95   Med: 39.55   Max: 1656.15
Current: 10.41

During the past 13 years, the highest Price-to-Net-Cash Ratio of Hefei Meyer Optoelectronic Technology was 1656.15. The lowest was 9.95. And the median was 39.55.

SZSE:002690's Price-to-Net-Cash is ranked worse than
52.82% of 638 companies
in the Industrial Products industry
Industry Median: 9.575 vs SZSE:002690: 10.41

Hefei Meyer Optoelectronic Technology Net Cash per Share Historical Data

The historical data trend for Hefei Meyer Optoelectronic Technology'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.

Hefei Meyer Optoelectronic Technology Net Cash per Share Chart

Hefei Meyer Optoelectronic Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.89 1.05 1.08 1.49

Hefei Meyer Optoelectronic Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.15 0.67 0.99 1.49 1.64

Competitive Comparison of Hefei Meyer Optoelectronic Technology's Net Cash per Share

For the Specialty Industrial Machinery subindustry, Hefei Meyer Optoelectronic Technology'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.


Hefei Meyer Optoelectronic Technology's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hefei Meyer Optoelectronic Technology's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Hefei Meyer Optoelectronic Technology's Price-to-Net-Cash falls into.


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Hefei Meyer Optoelectronic Technology 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.

Hefei Meyer Optoelectronic Technology's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

Net Cash per Share (A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1861.524-549.779-0)/882.257
=1.49

Hefei Meyer Optoelectronic Technology's Net Cash per Share for the quarter that ended in Mar. 2025 is calculated as

Net Cash per Share (Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1926.038-481.2-0)/882.257
=1.64

* 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.


Hefei Meyer Optoelectronic Technology  (SZSE:002690) 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.


Hefei Meyer Optoelectronic Technology Net Cash per Share Related Terms

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Hefei Meyer Optoelectronic Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.
Executives
Hao Xian Jin Director
Tian Ming Director
Jiang Dong Executives
Zhang Jian Jun Executives
Ni Ying Jiu Executives
Xu Peng Directors, executives
Lin Mao Xian Directors, executives
Xiang Cheng Executives
Zhao Hui Fang Independent director
Han Li Ming Supervisors
Yu Neng Hong Director

Hefei Meyer Optoelectronic Technology Headlines

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