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Shenzhen Bioeasy Biotechnology Co (SZSE:300942) Net Cash per Share : ¥0.17 (As of Mar. 2024)


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What is Shenzhen Bioeasy Biotechnology 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). Shenzhen Bioeasy Biotechnology Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥0.17.

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

SZSE:300942' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 20.41   Med: 36.41   Max: 51.59
Current: 33.71

During the past 8 years, the highest Price-to-Net-Cash Ratio of Shenzhen Bioeasy Biotechnology Co was 51.59. The lowest was 20.41. And the median was 36.41.

SZSE:300942's Price-to-Net-Cash is ranked worse than
93.97% of 862 companies
in the Biotechnology industry
Industry Median: 3.87 vs SZSE:300942: 33.71

Shenzhen Bioeasy Biotechnology Co Net Cash per Share Historical Data

The historical data trend for Shenzhen Bioeasy Biotechnology 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.

Shenzhen Bioeasy Biotechnology Co Net Cash per Share Chart

Shenzhen Bioeasy Biotechnology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial 0.97 0.61 1.18 -0.17 0.24

Shenzhen Bioeasy Biotechnology Co Quarterly Data
Mar19 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 -0.05 -0.01 0.30 0.24 0.17

Competitive Comparison of Shenzhen Bioeasy Biotechnology Co's Net Cash per Share

For the Biotechnology subindustry, Shenzhen Bioeasy Biotechnology 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.


Shenzhen Bioeasy Biotechnology Co's Price-to-Net-Cash Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shenzhen Bioeasy Biotechnology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shenzhen Bioeasy Biotechnology Co's Price-to-Net-Cash falls into.



Shenzhen Bioeasy Biotechnology 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.

Shenzhen Bioeasy Biotechnology 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)
=(601.777-507.611--0.266)/400.86
=0.24

Shenzhen Bioeasy Biotechnology 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)
=(620.667-552.697-1.58)/400.865
=0.17

* 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.


Shenzhen Bioeasy Biotechnology Co  (SZSE:300942) 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.


Shenzhen Bioeasy Biotechnology Co Net Cash per Share Related Terms

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Shenzhen Bioeasy Biotechnology Co (SZSE:300942) Business Description

Traded in Other Exchanges
N/A
Address
Liuxian 1st Road, Xin'an Street, 101, Yirui Biological Building, Xingdong Community, Bao'an District, Guangdong Province, Shenzhen, CHN, 518101
Shenzhen Bioeasy Biotechnology Co Ltd is dedicated towards food and drug safety, clinical diagnosis, public safety and other fields. It produces and sells clinical diagnosis products. It develops testing products for nine areas closely related to people's lives which include food safety, agricultural product safety, dairy product safety, meat safety, aquatic product safety, honey safety, clinical diagnosis, drug safety, and public safety.
Executives
Fu Hui Directors, executives

Shenzhen Bioeasy Biotechnology Co (SZSE:300942) Headlines

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