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Jiangsu Kangliyuan Sports Tech Co (SZSE:301287) Net Cash per Share : ¥10.55 (As of Jun. 2024)


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What is Jiangsu Kangliyuan Sports Tech 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). Jiangsu Kangliyuan Sports Tech Co's Net Cash per Share for the quarter that ended in Jun. 2024 was ¥10.55.

The historical rank and industry rank for Jiangsu Kangliyuan Sports Tech Co's Net Cash per Share or its related term are showing as below:

SZSE:301287' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.16   Med: 3.35   Max: 4.19
Current: 2.26

During the past 6 years, the highest Price-to-Net-Cash Ratio of Jiangsu Kangliyuan Sports Tech Co was 4.19. The lowest was 2.16. And the median was 3.35.

SZSE:301287's Price-to-Net-Cash is ranked better than
83.21% of 137 companies
in the Travel & Leisure industry
Industry Median: 9.68 vs SZSE:301287: 2.26

Jiangsu Kangliyuan Sports Tech Co Net Cash per Share Historical Data

The historical data trend for Jiangsu Kangliyuan Sports Tech 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.

Jiangsu Kangliyuan Sports Tech Co Net Cash per Share Chart

Jiangsu Kangliyuan Sports Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial - -3.31 -1.76 0.41 10.76

Jiangsu Kangliyuan Sports Tech Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.07 10.00 10.76 10.78 10.55

Competitive Comparison of Jiangsu Kangliyuan Sports Tech Co's Net Cash per Share

For the Leisure subindustry, Jiangsu Kangliyuan Sports Tech 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.


Jiangsu Kangliyuan Sports Tech Co's Price-to-Net-Cash Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jiangsu Kangliyuan Sports Tech Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Jiangsu Kangliyuan Sports Tech Co's Price-to-Net-Cash falls into.



Jiangsu Kangliyuan Sports Tech 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.

Jiangsu Kangliyuan Sports Tech 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)
=(1053.567-326.713-9.248)/66.67
=10.76

Jiangsu Kangliyuan Sports Tech Co's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1057.542-344.565-9.42)/66.67
=10.55

* 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.


Jiangsu Kangliyuan Sports Tech Co  (SZSE:301287) 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.


Jiangsu Kangliyuan Sports Tech Co Net Cash per Share Related Terms

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Jiangsu Kangliyuan Sports Tech Co Business Description

Traded in Other Exchanges
N/A
Address
North side of Binhu Avenue, High-tech Industrial Park, Paoche Sub-district Office, Jiangsu, Pizhou, CHN, 221327
Jiangsu Kangliyuan Sports Tech Co Ltd is engaged in research & development, manufacturing, and sales of Multi-series, differentiated and customized fitness equipment. The company's main products cover seven series, including treadmills, fitness bikes, strength trainers, free weight trainer, outdoor paths and group activity equipment. Its products reach more than 100 kinds.

Jiangsu Kangliyuan Sports Tech Co Headlines

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