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DiDi Global (DiDi Global) Net Current Asset Value : $0.57 (As of Dec. 2023)


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What is DiDi Global 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).

DiDi Global's net current asset value per share for the quarter that ended in Dec. 2023 was $0.57.

The historical rank and industry rank for DiDi Global's Net Current Asset Value or its related term are showing as below:

DIDIY' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.65   Med: 6.92   Max: 8.53
Current: 8.37

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of DiDi Global was 8.53. The lowest was 6.65. And the median was 6.92.

DIDIY's Price-to-Net-Current-Asset-Value is ranked worse than
65.08% of 1681 companies
in the Software industry
Industry Median: 5.25 vs DIDIY: 8.37

DiDi Global Net Current Asset Value Historical Data

The historical data trend for DiDi Global'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.

DiDi Global Net Current Asset Value Chart

DiDi Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial -45.02 -4.94 0.92 0.45 0.57

DiDi Global Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
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 - 0.45 0.54 0.48 0.57

Competitive Comparison of DiDi Global's Net Current Asset Value

For the Software - Application subindustry, DiDi Global'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.


DiDi Global's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, DiDi Global's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where DiDi Global's Price-to-Net-Current-Asset-Value falls into.



DiDi Global Net Current Asset Value Calculation

DiDi Global'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)
=(9169.939-4310.973-2135.871-0)/4809.78
=0.57

DiDi Global'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)
=(9169.939-4310.973-2135.871-0)/4809.78
=0.57

* 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.


DiDi Global  (OTCPK:DIDIY) 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.


DiDi Global Net Current Asset Value Related Terms

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DiDi Global (DiDi Global) Business Description

Traded in Other Exchanges
Address
North Ring Road, Tangjialing, Building 1, Yard 6, Haidian District, Beijing, CHN
DiDi Global Inc is a mobility technology platform. It is building four key components of its platform that work together to improve the consumer experience: shared mobility, auto solutions, electric mobility, and autonomous driving. It is a go-to brand in China for shared mobility, providing consumers with a range of safe, affordable, and convenient mobility services, including ride-hailing, taxi-hailing, chauffeur, hitch, and other forms of shared mobility. The company operates in three segments: China Mobility, which mainly includes ride-hailing services to riders, and also acts as an agent by connecting end-users to service providers who provide taxi hailing, chauffeur, hitch, and other services; International; and Other Initiatives.

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