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China Education Resources (TSXV:CHN.H) Net Cash per Share : C$-0.22 (As of Sep. 2021)


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What is China Education Resources 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). China Education Resources's Net Cash per Share for the quarter that ended in Sep. 2021 was C$-0.22.

The historical rank and industry rank for China Education Resources's Net Cash per Share or its related term are showing as below:

TSXV:CHN.H's Price-to-Net-Cash is not ranked *
in the Education industry.
Industry Median: 6.215
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Education Resources Net Cash per Share Historical Data

The historical data trend for China Education Resources'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.

China Education Resources Net Cash per Share Chart

China Education Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.18 -0.14 -0.18 -0.15

China Education Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -0.19 -0.15 -0.16 -0.21 -0.22

Competitive Comparison of China Education Resources's Net Cash per Share

For the Education & Training Services subindustry, China Education Resources'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.


China Education Resources's Price-to-Net-Cash Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Education Resources's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Education Resources's Price-to-Net-Cash falls into.



China Education Resources 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.

China Education Resources's Net Cash per Share for the fiscal year that ended in Dec. 2020 is calculated as

Net Cash per Share (A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.082-8.88-1.278)/47.365
=-0.15

China Education Resources's Net Cash per Share for the quarter that ended in Sep. 2021 is calculated as

Net Cash per Share (Q: Sep. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.74-10.946-1.09)/47.365
=-0.22

* 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.


China Education Resources  (TSXV:CHN.H) 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.


China Education Resources Net Cash per Share Related Terms

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China Education Resources (TSXV:CHN.H) Business Description

Traded in Other Exchanges
N/A
Address
515 West Pender Street, Suite 300, Vancouver, BC, CAN, V6B 6H5
China Education Resources Inc provides an education internet portal with educational content, resources, and training programs to users and distributes educational textbooks and materials developed to bookstores and schools in China. The operations of the company are primarily in two geographic areas: Canada and China. China generates maximum revenue for the company.

China Education Resources (TSXV:CHN.H) Headlines

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