Zhibao Technology (Zhibao Technology) Net Cash per Share : $-0.38 (As of Jun. 2023)

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What is Zhibao Technology 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). Zhibao Technology's Net Cash per Share for the quarter that ended in Jun. 2023 was $-0.38.

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

ZBAO's Price-to-Net-Cash is not ranked ^*
in the Insurance industry.
Industry Median: 4.645
* Ranked among companies with meaningful Price-to-Net-Cash only.

Zhibao Technology Net Cash per Share Historical Data

The historical data trend for Zhibao Technology'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.

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Zhibao Technology Net Cash per Share Chart

Zhibao Technology Annual Data

Trend

Jun21

Jun22

Jun23

Net Cash per Share

-0.35

-0.38

Zhibao Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
Net Cash per Share	-0.35	-	-0.35	-1.36	-0.38

Competitive Comparison of Zhibao Technology's Net Cash per Share

For the Insurance Brokers subindustry, Zhibao Technology'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.

Zhibao Technology's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Zhibao Technology's Price-to-Net-Cash falls into.

Zhibao Technology 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.

Zhibao Technology's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

	Net Cash per Share (A: Jun. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.379	-	13.486	-	0)	/	31.5
=	-0.38

Zhibao Technology's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

	Net Cash per Share (Q: Jun. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.379	-	13.486	-	0)	/	31.5
=	-0.38

Zhibao Technology (NAS:ZBAO) 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.

Zhibao Technology Net Cash per Share Related Terms

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Zhibao Technology (Zhibao Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204

Website

https://www.zhibao-tech.com

Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology (Zhibao Technology) Headlines

From GuruFocus

Zhibao Technology Inc. Announces Closing of Underwriters' Over-Allotment Option in Connection with Its Initial Public Offering

By Marketwired • 05-15-2024