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).
HAOTF's Price-to-Net-Current-Asset-Value is not ranked *
in the Business Services industry.
Industry Median: 3.74 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Hao Tian International Construction Investment Group (OTCPK:HAOTF) 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.
Hao Tian International Construction Investment Group Net Current Asset Value Related Terms
Hao Tian International Construction Investment Group 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.
Hao Tian International Construction Investment Group Net Current Asset Value Chart
Hao Tian International Construction Investment Group Annual Data
HAOTF vs URI, SUNB, AER: Net Current Asset Value Comparison
For the Rental & Leasing Services subindustry, Hao Tian International Construction Investment Group'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.
Hao Tian International Construction Investment Group Price-to-Net-Current-Asset-Value vs Business Services 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 $-0.01 mean?
Hao Tian International Construction Investment Group (HAOTF) has a Net Current Asset Value of $-0.01 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Hao Tian International Construction Investment Group and its competitors. Over the past decade, Hao Tian International Construction Investment Group's Net Current Asset Value has ranged from 3.54 to 48.18. According to the industry distribution chart, Hao Tian International Construction Investment Group ranks #999999 out of 625 companies in the Business Services industry.
Is Hao Tian International Construction Investment Group's Net Current Asset Value too high?
Hao Tian International Construction Investment Group's current Net Current Asset Value is $-0.01. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 48.18. Based on the distribution chart, Hao Tian International Construction Investment Group ranks #999999 out of 625 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Hao Tian International Construction Investment Group's Net Current Asset Value compare to URI and SUNB?
According to the Business Services industry distribution chart, Hao Tian International Construction Investment Group ranks #999999 out of 625 companies for Net Current Asset Value. This places Hao Tian International Construction Investment Group in the lower half of its industry. The industry median Net Current Asset Value is 3.74. Historically, Hao Tian International Construction Investment Group's own Net Current Asset Value has ranged from 3.54 to 48.18 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 a Business Services company?
The median Net Current Asset Value among Business Services companies is 3.74, based on 625 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 Hao Tian International Construction Investment Group and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hao Tian International Construction Investment Group's current Net Current Asset Value is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hao Tian International Construction Investment Group stock overvalued right now?
Hao Tian International Construction Investment Group (HAOTF) has a current Net Current Asset Value of $-0.01. The stock's GF Value™ is $0.07, compared to a current price of $0.00 — trading 93.6% below its estimated fair value. The current Net Current Asset Value is $-0.01. 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 Hao Tian International Construction Investment Group (HAOTF), the current Net Current Asset Value is $-0.01 as of Sep. 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.
Hao Tian International Construction Investment Group Business Description
Hao Tian International Construction Investment Group Ltd is an investment holding company. The company's operating segment includes the Rental and sale of construction machinery and spare parts business which generates majority revenue to the business; Provision of repair and maintenance and transportation service business; Money lending business; Provision of asset management, and Property development business. The company operates in Hong Kong, Macau, United Kingdom, Malaysia and Cambodia geographically.
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