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Zhong Fu Tong Group Co (SZSE:300560) Net Cash per Share : ¥-4.26 (As of Mar. 2024)


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What is Zhong Fu Tong 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). Zhong Fu Tong Group Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-4.26.

The historical rank and industry rank for Zhong Fu Tong Group 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 Zhong Fu Tong Group Co was 126.12. The lowest was 41.98. And the median was 84.05.

SZSE:300560's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 9.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

Zhong Fu Tong Group Co Net Cash per Share Historical Data

The historical data trend for Zhong Fu Tong 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.

Zhong Fu Tong Group Co Net Cash per Share Chart

Zhong Fu Tong 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 -2.64 -1.84 -3.87 -3.44 -3.88

Zhong Fu Tong 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 -3.56 -4.08 -4.25 -3.88 -4.26

Competitive Comparison of Zhong Fu Tong Group Co's Net Cash per Share

For the Telecom Services subindustry, Zhong Fu Tong 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.


Zhong Fu Tong Group Co's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zhong Fu Tong Group Co's Price-to-Net-Cash distribution charts can be found below:

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



Zhong Fu Tong 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.

Zhong Fu Tong 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)
=(753.488-1622.355-23.059)/229.744
=-3.88

Zhong Fu Tong 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)
=(661.424-1618.632-21.956)/229.744
=-4.26

* 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.


Zhong Fu Tong Group Co  (SZSE:300560) 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.


Zhong Fu Tong Group Co Net Cash per Share Related Terms

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Zhong Fu Tong Group Co (SZSE:300560) Business Description

Traded in Other Exchanges
N/A
Address
Software Avenue, Tongpan Road, Software Park, No. 89, Floors 20, 21, 22, Building 4, F Zone, Gulou District, Fujian Province, Fuzhou, CHN, 350003
Zhong Fu Tong Group Co Ltd operates in the communication technology service industry. The company is mainly engaged in the communication network construction, maintenance, and optimization services. In addition, the company also provides system solutions such as ad hoc networks, ICTs, and the Internet of Things. The company primarily serves the people's liberation army, the armed police, government functions and communications operators such as China Mobile, China Telecom, China Unicom, China Tower as well as communication equipment suppliers.
Executives
Ke Hong Hui Director
Chen Rong Jie Director
Huang Xiao Ming Supervisors
Yang Wei Min Independent director
Wang Bei Yi Supervisors

Zhong Fu Tong Group Co (SZSE:300560) Headlines

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