Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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).
HKSE:01497'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.34 Med: 9.46 Max: 12.94
Current: 6.7
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Xiamen Yan Palace Birds Nest Industry Co was 12.94. The lowest was 6.34. And the median was 9.46.
HKSE:01497's Price-to-Net-Current-Asset-Value is ranked worse than 66.25% of 1043
companies
in the Consumer Packaged Goods industry
Industry Median: 4.19
vs HKSE:01497: 6.70
Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) 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.
Xiamen Yan Palace Birds Nest Industry Co Net Current Asset Value Related Terms
Xiamen Yan Palace Birds Nest Industry Co 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.
Xiamen Yan Palace Birds Nest Industry Co Net Current Asset Value Chart
Xiamen Yan Palace Birds Nest Industry Co Annual Data
HKSE:01497 vs KHC, GIS: Net Current Asset Value Comparison
For the Packaged Foods subindustry, Xiamen Yan Palace Birds Nest Industry Co'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.
Xiamen Yan Palace Birds Nest Industry Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Xiamen Yan Palace Birds Nest Industry Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Xiamen Yan Palace Birds Nest Industry Co's Price-to-Net-Current-Asset-Value falls into.
* 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$0.99 mean?
Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) has a Net Current Asset Value of HK$0.99 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Xiamen Yan Palace Birds Nest Industry Co and its competitors. According to the industry distribution chart, Xiamen Yan Palace Birds Nest Industry Co ranks #691 out of 1043 companies in the Consumer Packaged Goods industry, placing it in the top 66.3%.
Is Xiamen Yan Palace Birds Nest Industry Co's Net Current Asset Value too high?
Xiamen Yan Palace Birds Nest Industry Co's current Net Current Asset Value is HK$0.99. Based on the distribution chart, Xiamen Yan Palace Birds Nest Industry Co ranks #691 out of 1043 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Xiamen Yan Palace Birds Nest Industry Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Yan Palace Birds Nest Industry Co's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Xiamen Yan Palace Birds Nest Industry Co ranks #691 out of 1043 companies for Net Current Asset Value. This places Xiamen Yan Palace Birds Nest Industry Co in the lower half of its industry. The industry median Net Current Asset Value is 4.19. 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.19, based on 1,043 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 Xiamen Yan Palace Birds Nest Industry Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Yan Palace Birds Nest Industry Co's current Net Current Asset Value is HK$0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Yan Palace Birds Nest Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$8.67, compared to a current price of HK$6.63 — trading 23.5% below its estimated fair value. The current Net Current Asset Value is HK$0.99. Xiamen Yan Palace Birds Nest Industry Co's overall GF Score™ is 70/100 with 2 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 Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497), the current Net Current Asset Value is HK$0.99 as of Jun. 2026. 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 Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Overvalued in 2026?
Based on GuruFocus' analysis, Xiamen Yan Palace Birds Nest Industry Co stock appears to be undervalued.
The current stock price of HK$6.63 is trading 23.5% below its estimated GF Value™ of HK$8.67.
GuruFocus considers Xiamen Yan Palace Birds Nest Industry Co to be Modestly Undervalued.
Key valuation signals for HKSE:01497:
Net Current Asset Value: HK$0.99
GF Value™: HK$8.67 vs. price of HK$6.63 (23.5% below fair value)
No single metric tells the full story. See the HKSE:01497 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its products include One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN. The company generates the majority of its revenue from Online channels. The company's operating segment includes Direct sales to online customers, Direct sales to offline customers, Sales to offline distributors, Direct sales to E-commerce platforms, Sales to online distributors. The company generates its key revenue from Direct sales to online customers segment.
70GF Score
Get the complete analysis for HKSE:01497
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01497 has been successfully added to your 
