In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
CHSTF's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.58 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
China High Speed Transmission Equipment Group Co (OTCPK:CHSTF) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
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 Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
China High Speed Transmission Equipment Group Co Net Current Asset Value Related Terms
China High Speed Transmission Equipment Group Co Net Current Asset Value Historical Data
* 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 High Speed Transmission Equipment Group Co Net Current Asset Value Chart
China High Speed Transmission Equipment Group Co Annual Data
CHSTF vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, China High Speed Transmission Equipment Group Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 High Speed Transmission Equipment Group Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
* 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.
What does a Net Current Asset Value of $-0.37 mean?
China High Speed Transmission Equipment Group Co (CHSTF) has a Net Current Asset Value of $-0.37 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on China High Speed Transmission Equipment Group Co and its competitors. Over the past decade, China High Speed Transmission Equipment Group Co's Net Current Asset Value has ranged from 1.64 to 12.62. According to the industry distribution chart, China High Speed Transmission Equipment Group Co ranks #999999 out of 2217 companies in the Industrial Products industry.
Is China High Speed Transmission Equipment Group Co's Net Current Asset Value too high?
China High Speed Transmission Equipment Group Co's current Net Current Asset Value is $-0.37. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 12.62. Based on the distribution chart, China High Speed Transmission Equipment Group Co ranks #999999 out of 2217 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, China High Speed Transmission Equipment Group Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does China High Speed Transmission Equipment Group Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, China High Speed Transmission Equipment Group Co ranks #999999 out of 2217 companies for Net Current Asset Value. This places China High Speed Transmission Equipment Group Co in the lower half of its industry. The industry median Net Current Asset Value is 5.58. Historically, China High Speed Transmission Equipment Group Co's own Net Current Asset Value has ranged from 1.64 to 12.62 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.58, based on 2,217 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on China High Speed Transmission Equipment Group Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China High Speed Transmission Equipment Group Co's current Net Current Asset Value is $-0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China High Speed Transmission Equipment Group Co stock overvalued right now?
China High Speed Transmission Equipment Group Co (CHSTF) has a current Net Current Asset Value of $-0.37. The stock's GF Value™ is $0.20, compared to a current price of $0.21 — trading 3.2% above its estimated fair value. The current Net Current Asset Value is $-0.37. China High Speed Transmission Equipment Group Co's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For China High Speed Transmission Equipment Group Co (CHSTF), the current Net Current Asset Value is $-0.37 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China High Speed Transmission Equipment Group Co (CHSTF) Overvalued in 2026?
Based on GuruFocus' analysis, China High Speed Transmission Equipment Group Co stock appears to be overvalued.
The current stock price of $0.21 is trading 3.2% above its estimated GF Value™ of $0.20.
Key valuation signals for CHSTF:
Net Current Asset Value: $-0.37
GF Value™: $0.20 vs. price of $0.21 (3.2% above fair value)
No single metric tells the full story. See the CHSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China High Speed Transmission Equipment Group Co Business Description
China High Speed Transmission Equipment Group Co Ltd is engaged in researching, developing, designing, manufacturing, and distributing a wide range of mechanical transmission equipment that is used in wind power and a wide range of industrial appliances and trading of goods. Its product portfolio includes Wind Energy Gearboxes, Rail Vehicle Gearboxes, Industrial Gearboxes, New Energy Vehicle Gearboxes, GearSight System, and others. The company's segment includes Wind and industrial gear transmission equipment, which generates key revenue; the Rail transportation gear transmission equipment segment; the Trading business, and others. Geographically, the company generates a majority of its revenue from the People's Republic of China and the rest from Europe, the USA, and other countries.
72GF Score
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