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East Group Co (SZSE:300376) Net Cash per Share : ¥-1.90 (As of Mar. 2024)


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What is East Group 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). East Group Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-1.90.

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

SZSE:300376's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.25
* Ranked among companies with meaningful Price-to-Net-Cash only.

East Group Co Net Cash per Share Historical Data

The historical data trend for East Group 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.

East Group Co Net Cash per Share Chart

East Group 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 -2.83 -2.67 -2.61 -2.49 -1.84

East Group 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 -2.15 -2.14 -2.06 -1.84 -1.90

Competitive Comparison of East Group Co's Net Cash per Share

For the Electrical Equipment & Parts subindustry, East Group 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.


East Group Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

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

* The bar in red indicates where East Group Co's Price-to-Net-Cash falls into.



East Group 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.

East Group 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)
=(2428.477-6344.01-360.587)/2328.24
=-1.84

East Group 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)
=(2150.902-6196.765-369.374)/2328.24
=-1.90

* 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.


East Group Co  (SZSE:300376) 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.


East Group Co Net Cash per Share Related Terms

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East Group Co (SZSE:300376) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Northern Industry Road, Songshan lake, Science and Technology Industrial Park, Dongguan, CHN, 523808
East Group Co Ltd operates as a power supply manufacturer in China. It focuses on providing green, energy-saving, stable, reliable and continuous power supplies. The products offered by the group include Solar inverters & Solar PV energy solutions, UPS & Data center solutions, Electric vehicle charging station, Stabilizer and Lead-acid maintenance-free battery. Geographically it operates through China and it holds more than 200 representative offices around China. The company's products are sold in both Chinese and international markets.
Executives
Dai Bao Feng Director
Zhang Tao Executives
Xu Hai Bo Directors, executives
Zhang Shun Jiang Executives
Yu Wei Directors, executives
He Jia Director
Shi Xiao Li Supervisors
He Si Mo Directors, executives
Zhao Jiu Hong Directors, executives
Yang Qin Supervisors
Chen Yong Hua Executives
Sun Xiao Ling Supervisors

East Group Co (SZSE:300376) Headlines

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