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Zenner Metering Technology (Shanghai) (SZSE:301303) Net Cash per Share : ¥-0.77 (As of Sep. 2024)


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What is Zenner Metering Technology (Shanghai) 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). Zenner Metering Technology (Shanghai)'s Net Cash per Share for the quarter that ended in Sep. 2024 was ¥-0.77.

The historical rank and industry rank for Zenner Metering Technology (Shanghai)'s Net Cash per Share or its related term are showing as below:

During the past 6 years, the highest Price-to-Net-Cash Ratio of Zenner Metering Technology (Shanghai) was 116.67. The lowest was 96.05. And the median was 106.36.

SZSE:301303's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 9.46
* Ranked among companies with meaningful Price-to-Net-Cash only.

Zenner Metering Technology (Shanghai) Net Cash per Share Historical Data

The historical data trend for Zenner Metering Technology (Shanghai)'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.

Zenner Metering Technology (Shanghai) Net Cash per Share Chart

Zenner Metering Technology (Shanghai) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -3.85 -1.18 -1.41 -2.07 -0.42

Zenner Metering Technology (Shanghai) Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.20 -0.42 -0.18 -0.51 -0.77

Competitive Comparison of Zenner Metering Technology (Shanghai)'s Net Cash per Share

For the Electrical Equipment & Parts subindustry, Zenner Metering Technology (Shanghai)'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.


Zenner Metering Technology (Shanghai)'s Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zenner Metering Technology (Shanghai)'s Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Zenner Metering Technology (Shanghai)'s Price-to-Net-Cash falls into.



Zenner Metering Technology (Shanghai) 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.

Zenner Metering Technology (Shanghai)'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)
=(499.07-656.3-13.966)/408.8
=-0.42

Zenner Metering Technology (Shanghai)'s Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(570.05-837.537-48.801)/408.8
=-0.77

* 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.


Zenner Metering Technology (Shanghai)  (SZSE:301303) 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.


Zenner Metering Technology (Shanghai) Net Cash per Share Related Terms

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Zenner Metering Technology (Shanghai) Business Description

Traded in Other Exchanges
N/A
Address
No. 6558 Yinggang East Road, Building 4, Qingpu District, Shanghai, CHN, 201703
Zenner Metering Technology (Shanghai) Ltd is engaged in the research and development, manufacture and sales of gas metering instruments and supporting products. The main products are wide-range series civil membrane gas meters and industrial and commercial membrane gas meters, NB-IoT IoT gas meters, wireless remote transmission gas meters, IC card smart gas meters, ultrasonic gas meters, ultrasonic flow meters, smart gas waist wheels Flow meter & turbine flow meter, IoT intelligent controller, bellows, ATM self-service payment system, Bluetooth smart card and iGasLink smart gas information cloud platform based on cloud service.
Executives
Li Shi Hua Directors, executives

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