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Cheetah Net Supply Chain Service (Cheetah Net Supply Chain Service) Net Current Asset Value : $0.37 (As of Dec. 2023)


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What is Cheetah Net Supply Chain Service Net Current Asset Value?

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).

Cheetah Net Supply Chain Service's net current asset value per share for the quarter that ended in Dec. 2023 was $0.37.

The historical rank and industry rank for Cheetah Net Supply Chain Service's Net Current Asset Value or its related term are showing as below:

CTNT' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.38   Med: 3.51   Max: 3.51
Current: 3.38

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cheetah Net Supply Chain Service was 3.51. The lowest was 3.38. And the median was 3.51.

CTNT's Price-to-Net-Current-Asset-Value is ranked better than
63.02% of 668 companies
in the Vehicles & Parts industry
Industry Median: 4.94 vs CTNT: 3.38

Cheetah Net Supply Chain Service Net Current Asset Value Historical Data

The historical data trend for Cheetah Net Supply Chain Service's Net Current Asset Value 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.

Cheetah Net Supply Chain Service Net Current Asset Value Chart

Cheetah Net Supply Chain Service Annual Data
Trend Dec21 Dec22 Dec23
Net Current Asset Value
-0.04 0.09 0.37

Cheetah Net Supply Chain Service Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only 0.09 0.12 0.13 0.37 0.37

Competitive Comparison of Cheetah Net Supply Chain Service's Net Current Asset Value

For the Auto & Truck Dealerships subindustry, Cheetah Net Supply Chain Service'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.


Cheetah Net Supply Chain Service's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cheetah Net Supply Chain Service's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Cheetah Net Supply Chain Service's Price-to-Net-Current-Asset-Value falls into.



Cheetah Net Supply Chain Service Net Current Asset Value Calculation

Cheetah Net Supply Chain Service's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.821-3.155-0-0)/17.916
=0.37

Cheetah Net Supply Chain Service's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.821-3.155-0-0)/17.916
=0.37

* 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.


Cheetah Net Supply Chain Service  (NAS:CTNT) 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 Graham’s 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.


Cheetah Net Supply Chain Service Net Current Asset Value Related Terms

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Cheetah Net Supply Chain Service (Cheetah Net Supply Chain Service) Business Description

Traded in Other Exchanges
N/A
Address
6201 Fairview Road, Suite 225, Charlotte, NC, USA, 28210
Website
Cheetah Net Supply Chain Service Inc is a supplier of parallel-import vehicles sourced in the U.S. to be sold in the China market. The parallel-import vehicles refer to those purchased by dealers directly from overseas markets and imported for sale through channels other than brand manufacturers' official distribution systems. The company purchases automobiles, primarily luxury brands such as Mercedes, BMW, Porsche, Lexus, and Bentley, from the U.S. market and resell them to customers, including both U.S. and PRC parallel-import car dealers. It derive profits primarily from the price difference between our buying and selling prices for parallel-import vehicles.
Executives
Catherine Chen director ONE MILE WEST OF GUANRI, HULI DISTRICT, XIAMEN F4 361000
Huoyuan Chen 10 percent owner QUNZHONGXINCUN VILLAGE, TAIJIANG DIST., 207 BLOCK 5, FUZHOU F4 350000
Adam Eilenberg director 335 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10017
Walter Penn Folker officer: Vice President of Procurement 7353 BEDFORDSHIRE DRIVE, CHARLOTTE NC 28226
Xianggeng Huang director, 10 percent owner 12-8, A2#BLDG, WANDA PLAZA II, NO.8 AOJIANG RD., AOFENG ST., TAIJIANG, FUZHOU F4 350000
Xiaolin Tang 10 percent owner RM 401, BLDG 25, MOON BAY GARDEN, DONGSHAN ST., JIANGNING DIST., NANJING F4 211100
Yan Xiao 10 percent owner LANGYUAN 2-3001, XINGHEWAN COMM., SIJI XINGHE MID ST., CHAOYANG N. RD., BEIJING F4 100000
Ying-chang Yuan 10 percent owner 4752 MOUNT ROYAL LN, CHARLOTTE NC 28210
Vladimir Gavrilovic director 70 ELM STREET, APT 1, NORTH ARLINGTON NJ 07031
Huan Liu director, 10 percent owner, officer: See Remarks 6201 FAIRVIEW RD, STE 225, CHARLOTTE NC 28210