Hengxin Shambala Culture Co (SZSE:300081) Net Cash per Share : ¥-0.32 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Hengxin Shambala Culture 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). Hengxin Shambala Culture Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-0.32.

The historical rank and industry rank for Hengxin Shambala Culture 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 Hengxin Shambala Culture Co was 1011.00. The lowest was 4.75. And the median was 19.99.

SZSE:300081's Price-to-Net-Cash is not ranked ^*
in the Hardware industry.
Industry Median: 9.09
* Ranked among companies with meaningful Price-to-Net-Cash only.

Hengxin Shambala Culture Co Net Cash per Share Historical Data

The historical data trend for Hengxin Shambala Culture 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.

Hengxin Shambala Culture Co Net Cash per Share Chart

Hengxin Shambala Culture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

Get a 7-Day Free Trial

0.01

-0.30

0.78

0.37

-0.26

Hengxin Shambala Culture 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															0.25	0.19	0.14	-0.26	-0.32

Competitive Comparison of Hengxin Shambala Culture Co's Net Cash per Share

For the Communication Equipment subindustry, Hengxin Shambala Culture 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.

Hengxin Shambala Culture Co's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hengxin Shambala Culture Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Hengxin Shambala Culture Co's Price-to-Net-Cash falls into.

Hengxin Shambala Culture 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.

Hengxin Shambala Culture 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)
=	(206.949	-	567.289	-	-205.35)	/	604.795
=	-0.26

Hengxin Shambala Culture 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)
=	(177.687	-	582.891	-	-211.697)	/	604.795
=	-0.32

Hengxin Shambala Culture Co (SZSE:300081) 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.

Hengxin Shambala Culture Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Hengxin Shambala Culture Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Hengxin Shambala Culture Co (SZSE:300081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hengxin Shambala Culture Co Ltd (SZSE:300081) » Definitions » Net Cash per Share

Traded in Other Exchanges

N/A

Address

No.39, Tianshan Street, Development Zone, Hebei Province, Shijiazhuang, CHN, 050035

Website

http://www.hxgro.com

Hengxin Shambala Culture Co Ltd sells and services mobile information products for individual and industry customers in China. It offers mobile information products, such as customized terminal products; engages in the contract sales of mobile phone products; operates as an agent to carrier mobile video projects; and provides mobile e-commerce and technical support services.

Executives

Pan Chao	Directors, executives
Chen Wei	Executives
Wang Bing	Director
Fu Wei	Executives
Li Xiao Bo	Executives
Meng Xian Min	Directors, executives
Wen Jian Feng	Executives
Pei Jun	Directors, executives
Zhou Xiao Qi	Supervisors
Liu Xiao Jun	Supervisors
Xu Ze Min	Director
Dong Fang	Executives
You Wen Qin	Supervisors
Chen Liang	Executives
Qi Jian	Director

Hengxin Shambala Culture Co (SZSE:300081) Headlines

No Headlines