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SFund International Holdings (HKSE:01367) Net Current Asset Value : HK$-0.58 (As of Dec. 2021)


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What is SFund 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).

SFund International Holdings's net current asset value per share for the quarter that ended in Dec. 2021 was HK$-0.58.

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

HKSE:01367's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.52
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

SFund International Holdings Net Current Asset Value Historical Data

The historical data trend for SFund 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.

SFund International Holdings Net Current Asset Value Chart

SFund International Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 0.05 -0.15 -0.30 -0.47 -0.58

SFund International Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 -0.30 -0.37 -0.47 -0.52 -0.58

Competitive Comparison of SFund International Holdings's Net Current Asset Value

For the Apparel Retail subindustry, SFund 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.


SFund International Holdings's Price-to-Net-Current-Asset-Value Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SFund International Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



SFund International Holdings Net Current Asset Value Calculation

SFund International Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(122.166-399.981-0.081-0)/480
=-0.58

SFund International Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(122.166-399.981-0.081-0)/480
=-0.58

* 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.


SFund International Holdings  (HKSE:01367) 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.


SFund International Holdings Net Current Asset Value Related Terms

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SFund International Holdings (HKSE:01367) Business Description

Traded in Other Exchanges
N/A
Address
23 Harbour Road, Suites 904-5, 9th Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG
SFund International Holdings Ltd is an investment holding company. It operates in four segments: Apparel supply chain management services, Financial services, Moneylending, and Securities investment. Its geographical segments are Cambodia, United States, Mainland China, Hong Kong, and Other countries.
Executives
Chan Man Hoi (in The Capacity As The Receiver) 2501 Other
Lai Kar Yan (in The Capacity As A Receiver) 2501 Other
Sfund International Investment Fund Management Limited
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si
Guang Zhou Hui Yin Tian Yue Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si
Guang Zhou Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si
Guang Zhou Ke Ji Jin Rong Chuang Xin Tou Zi Kong Gu You Xian Gong Si
Plus Value International Limited 2101 Beneficial owner
Lai Leong 2201 Interest of corporation controlled by you

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