Pacific Online (HKSE:00543) Net Current Asset Value: HK$0.38 (As of Dec. 2025) — 78% Below Median

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HKSE:00543 Pacific Online Ltd HKSE:00543
48 GF Score
Price HK$0.27
GF Value HK$0.37
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Pacific Online Net Current Asset Value?

Pacific Online HKSE:00543 48 Net Current Asset Value is HK$0.38 as of Dec. 2025, which is 100% below its 10-year median of 1.71. GuruFocus rates HKSE:00543 with a GF Score™ of 48/100 and a GF Value™ of HK$0.37 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 362 Interactive Media companies, Pacific Online ranks better than 95.3% on this metric.

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).

Pacific Online's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.38.

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

HKSE:00543' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.67   Med: 1.71   Max: 3.05
Current: 0.71

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Pacific Online was 3.05. The lowest was 0.67. And the median was 1.71.

HKSE:00543's Price-to-Net-Current-Asset-Value is ranked better than
95.3% of 362 companies
in the Interactive Media industry
Industry Median: 3.745 vs HKSE:00543: 0.71

Pacific Online  (HKSE:00543) 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.


Pacific Online Net Current Asset Value Related Terms


Pacific Online Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Pacific Online'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.

Pacific Online Net Current Asset Value Chart

Pacific Online Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.48 0.38 0.38 0.38

Pacific Online Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.38 0.35 0.38 0.34 0.38

HKSE:00543 vs GOOGL, META, SPOT: Net Current Asset Value Comparison

For the Internet Content & Information subindustry, Pacific Online'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.


Pacific Online Price-to-Net-Current-Asset-Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Pacific Online's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


HKSE:00543
48GF Score
Pacific Online Ltd HKSE:00543
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Pacific Online Net Current Asset Value Calculation

Pacific Online's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(699.262-272.735-0-0)/1135.438
=0.38

Pacific Online's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(699.262-272.735-0-0)/1135.438
=0.38

* 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 HK$0.38 mean?
Pacific Online (HKSE:00543) has a Net Current Asset Value of HK$0.38 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 Pacific Online and its competitors. This is 78% below median its historical median of 1.71. Over the past decade, Pacific Online's Net Current Asset Value has ranged from 0.67 to 3.05. According to the industry distribution chart, Pacific Online ranks #17 out of 362 companies in the Interactive Media industry, placing it in the top 4.7%.
Is Pacific Online's Net Current Asset Value too high?
Pacific Online's current Net Current Asset Value of HK$0.38 is 78% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 3.05. Based on the distribution chart, Pacific Online ranks #17 out of 362 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Pacific Online has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Online's Net Current Asset Value compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Pacific Online ranks #17 out of 362 companies for Net Current Asset Value. This places Pacific Online in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.75. Historically, Pacific Online's own Net Current Asset Value has ranged from 0.67 to 3.05 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 Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.75, based on 362 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 Pacific Online and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Online's current Net Current Asset Value is HK$0.38, which is 78% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Online stock overvalued right now?
Based on GuruFocus' analysis, Pacific Online (HKSE:00543) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.37, compared to a current price of HK$0.27 — trading 27% below its estimated fair value. The current Net Current Asset Value is HK$0.38, which is 78% below median its 10-year median of 1.71. Pacific Online's overall GF Score™ is 48/100 with 6 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 Pacific Online (HKSE:00543), the current Net Current Asset Value is HK$0.38 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 Pacific Online (HKSE:00543) Overvalued in 2026?

Based on GuruFocus' analysis, Pacific Online stock appears to be undervalued. The current stock price of HK$0.27 is trading 27% below its estimated GF Value™ of HK$0.37. GuruFocus considers Pacific Online to be Modestly Undervalued.

Key valuation signals for HKSE:00543:

  • Net Current Asset Value: HK$0.38 (78% below median its 10-year median of 1.71)
  • GF Value™: HK$0.37 vs. price of HK$0.27 (27% below fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the HKSE:00543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pacific Online Business Description

Address 115 Gaopu Road, National Software Park Base, Tianhe District, Guangzhou, CHN, 510663
Pacific Online Ltd is engaged in the provision of internet advertising services in the People's Republic of China. The Group operates vertically integrated portals, including PConline, which focuses on IT product-related content, PCauto, which focuses on automobile content, and PChouse. Its reportable segments include PCauto, which generates the majority of its revenue, and PConline.
48GF Score

Get the complete analysis for HKSE:00543

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.27
Price
HK$0.37
GF Value