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CT Vision SL (International) Holdings (HKSE:00994) Net Current Asset Value : HK$0.09 (As of Dec. 2023)


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What is CT Vision SL (International) 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).

CT Vision SL (International) Holdings's net current asset value per share for the quarter that ended in Dec. 2023 was HK$0.09.

The historical rank and industry rank for CT Vision SL (International) Holdings's Net Current Asset Value or its related term are showing as below:

HKSE:00994' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.83   Med: 3.67   Max: 15
Current: 2.22

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of CT Vision SL (International) Holdings was 15.00. The lowest was 1.83. And the median was 3.67.

HKSE:00994's Price-to-Net-Current-Asset-Value is ranked better than
60.02% of 963 companies
in the Construction industry
Industry Median: 2.98 vs HKSE:00994: 2.22

CT Vision SL (International) Holdings Net Current Asset Value Historical Data

The historical data trend for CT Vision SL (International) 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.

CT Vision SL (International) Holdings Net Current Asset Value Chart

CT Vision SL (International) Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.33 0.21 0.08 0.09

CT Vision SL (International) Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 Premium Member Only Premium Member Only 0.21 0.13 0.08 0.06 0.09

Competitive Comparison of CT Vision SL (International) Holdings's Net Current Asset Value

For the Engineering & Construction subindustry, CT Vision SL (International) 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.


CT Vision SL (International) Holdings's Price-to-Net-Current-Asset-Value Distribution in the Construction Industry

For the Construction industry and Industrials sector, CT Vision SL (International) Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where CT Vision SL (International) Holdings's Price-to-Net-Current-Asset-Value falls into.



CT Vision SL (International) Holdings Net Current Asset Value Calculation

CT Vision SL (International) Holdings'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)
=(221.209-154.976--7.103-0)/850.83
=0.09

CT Vision SL (International) Holdings'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)
=(221.209-154.976--7.103-0)/850.83
=0.09

* 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.


CT Vision SL (International) Holdings  (HKSE:00994) 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.


CT Vision SL (International) Holdings Net Current Asset Value Related Terms

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CT Vision SL (International) Holdings (HKSE:00994) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room No. 808-814, 8th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
CT Vision SL (International) Holdings Ltd is an investment holding company. It is principally engaged in foundation works and ancillary services, general building works, and sales of piles. The company has three operating segments including the Building construction business, Renewable energy business, Renewable energy business and others. Geographically, it derives majority revenue from PRC and also has a presence in Saipan and Hong Kong.
Executives
Condover Assets Limited 2101 Beneficial owner
Daswani Sheba Kishinchand 2202 Interest of your spouse
Kan Hou Sek Jim 2201 Interest of corporation controlled by you
Lee Sai Man 2201 Interest of corporation controlled by you
Poon Man Yee 2202 Interest of your spouse
Ho Lai Kuen 2202 Interest of your spouse
Wong Siu Kwai 2201 Interest of corporation controlled by you
Daswani Sheba Kishinchand 2202 Interest of your spouse
Bc Financial Group Limited 2201 Interest of corporation controlled by you
Forwin Credit Limited 2106 Person having a security interest in shares
Forwin Holding Limited 2201 Interest of corporation controlled by you
Bian Ce 2201 Interest of corporation controlled by you
Guo Min 2201 Interest of corporation controlled by you
Ct Vision Investment Limited 2101 Beneficial owner
Lin Zhiling 2201 Interest of corporation controlled by you

CT Vision SL (International) Holdings (HKSE:00994) Headlines

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