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Ferrotec (An Hui) Technology Development Co (SZSE:301297) Net Cash per Share : ¥1.19 (As of Mar. 2024)


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What is Ferrotec (An Hui) Technology Development 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). Ferrotec (An Hui) Technology Development Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥1.19.

The historical rank and industry rank for Ferrotec (An Hui) Technology Development Co's Net Cash per Share or its related term are showing as below:

SZSE:301297' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 13.52   Med: 19.81   Max: 23.04
Current: 19.22

During the past 6 years, the highest Price-to-Net-Cash Ratio of Ferrotec (An Hui) Technology Development Co was 23.04. The lowest was 13.52. And the median was 19.81.

SZSE:301297's Price-to-Net-Cash is ranked worse than
68.96% of 364 companies
in the Semiconductors industry
Industry Median: 11.18 vs SZSE:301297: 19.22

Ferrotec (An Hui) Technology Development Co Net Cash per Share Historical Data

The historical data trend for Ferrotec (An Hui) Technology Development 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.

Ferrotec (An Hui) Technology Development Co Net Cash per Share Chart

Ferrotec (An Hui) Technology Development Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial - 0.02 -0.65 1.11 1.17

Ferrotec (An Hui) Technology Development Co Quarterly Data
Dec18 Dec19 Dec20 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 1.13 1.12 1.05 1.17 1.19

Competitive Comparison of Ferrotec (An Hui) Technology Development Co's Net Cash per Share

For the Semiconductor Equipment & Materials subindustry, Ferrotec (An Hui) Technology Development 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.


Ferrotec (An Hui) Technology Development Co's Price-to-Net-Cash Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ferrotec (An Hui) Technology Development Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ferrotec (An Hui) Technology Development Co's Price-to-Net-Cash falls into.



Ferrotec (An Hui) Technology Development 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.

Ferrotec (An Hui) Technology Development 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)
=(592.36-196.612-0)/338.39
=1.17

Ferrotec (An Hui) Technology Development 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)
=(606.18-204.542-0)/338.39
=1.19

* 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.


Ferrotec (An Hui) Technology Development Co  (SZSE:301297) 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.


Ferrotec (An Hui) Technology Development Co Net Cash per Share Related Terms

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Ferrotec (An Hui) Technology Development Co (SZSE:301297) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Nanhai Road, Jinqiao Economic Development Zone, Shun'an Town, Yi'an District, Anhui Province, Tongling, CHN, 244151
Ferrotec (An Hui) Technology Development Co Ltd is a precision cleaning service provider for equipment in the field of semiconductors, focusing on providing one-stop equipment precision cleaning for manufacturers in the two major fields of semiconductors and display panels services, providing integrated cleaning and regeneration solutions for customers' production equipment pollution control.

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