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Dah Chong Hong Holdings (Dah Chong Hong Holdings) Net Current Asset Value : $-3.27 (As of Jun. 2019)


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What is Dah Chong Hong Holdings 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).

Dah Chong Hong Holdings's net current asset value per share for the quarter that ended in Jun. 2019 was $-3.27.

The historical rank and industry rank for Dah Chong Hong Holdings's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Dah Chong Hong Holdings was 148.00. The lowest was 0.00. And the median was 4.54.

DAHCY's Price-to-Net-Current-Asset-Value is not ranked *
in the Vehicles & Parts industry.
Industry Median: 4.78
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Dah Chong Hong Holdings Net Current Asset Value Historical Data

The historical data trend for Dah Chong Hong Holdings'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.

Dah Chong Hong Holdings Net Current Asset Value Chart

Dah Chong Hong Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.51 0.03 -0.61 -0.52

Dah Chong Hong Holdings Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Net Current Asset Value 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 0.27 -0.61 -0.70 -0.52 -3.27

Competitive Comparison of Dah Chong Hong Holdings's Net Current Asset Value

For the Auto & Truck Dealerships subindustry, Dah Chong Hong Holdings'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.


Dah Chong Hong Holdings's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dah Chong Hong Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Dah Chong Hong Holdings's Price-to-Net-Current-Asset-Value falls into.



Dah Chong Hong Holdings Net Current Asset Value Calculation

Dah Chong Hong Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2018 is calculated as

Net Current Asset Value Per Share(A: Dec. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2072.793-2106.3-65.35-0)/188.6
=-0.52

Dah Chong Hong Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2019 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2093.662-2648.863-60.951-0)/188.6
=-3.27

* 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.


Dah Chong Hong Holdings  (OTCPK:DAHCY) 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.


Dah Chong Hong Holdings Net Current Asset Value Related Terms

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Dah Chong Hong Holdings (Dah Chong Hong Holdings) Business Description

Traded in Other Exchanges
N/A
Address
20 Kai Cheung Road, 8th Floor, DCH Building, Kowloon Bay, HKG
Dah Chong Hong Holdings Ltd (DCH) is a business conglomerate that operates in the consumer market of Greater China, Singapore and Japan. DCH operates a diversified portfolio of business including motor and motor-related business, as well as food and consumer products business with its logistics services activities. DCH's majority of the revenue is earned from the motor and motor related business that includes distribution and dealership of motor vehicle, and it's other motor related business includes an operation of independent service outlets, trading of equipment parts & used car, motor leasing, and selling of yachts. It also operates other small business including property, advertising, insurance and other investments.

Dah Chong Hong Holdings (Dah Chong Hong Holdings) Headlines

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