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Ever Harvest Group Holdings (HKSE:01549) Net Current Asset Value : HK$0.03 (As of Jun. 2024)


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What is Ever Harvest Group 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).

Ever Harvest Group Holdings's net current asset value per share for the quarter that ended in Jun. 2024 was HK$0.03.

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

HKSE:01549' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.8   Med: 6.05   Max: 13.8
Current: 3.23

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ever Harvest Group Holdings was 13.80. The lowest was 2.80. And the median was 6.05.

HKSE:01549's Price-to-Net-Current-Asset-Value is ranked better than
59.55% of 314 companies
in the Transportation industry
Industry Median: 4.3 vs HKSE:01549: 3.23

Ever Harvest Group Holdings Net Current Asset Value Historical Data

The historical data trend for Ever Harvest Group 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.

Ever Harvest Group Holdings Net Current Asset Value Chart

Ever Harvest Group 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 0.01 -0.02 0.01 0.03 0.03

Ever Harvest Group Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Ever Harvest Group Holdings's Net Current Asset Value

For the Marine Shipping subindustry, Ever Harvest Group 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.


Ever Harvest Group Holdings's Price-to-Net-Current-Asset-Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ever Harvest Group Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Ever Harvest Group Holdings Net Current Asset Value Calculation

Ever Harvest Group 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)
=(189.322-139.68-0-0)/1550
=0.03

Ever Harvest Group Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(179.506-133.581-0-0)/1550
=0.03

* 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.


Ever Harvest Group Holdings  (HKSE:01549) 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.


Ever Harvest Group Holdings Net Current Asset Value Related Terms

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Ever Harvest Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
483A Castle Peak Road, 17th Floor, Excel Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Ever Harvest Group Holdings Ltd is engaged in rendering sea freight transportation and freight forwarding services in Hong Kong and in the People's Republic of China. The services provided by the company are the rendering of feeder shipping services, carrier-owned container services, sea freight forwarding agency services, and barge services. Its segments include Sea freight forwarding agency services; Fujian routes; Guangxi routes; Guangdong routes; and Hainan routes. The company earns a majority of its revenue from Hong Kong, also it earns majority of the revenue from Guangxi routes segment.
Executives
Ever Winning Investment Company Limited 2101 Beneficial owner
Lau Yu Leung 2201 Interest of corporation controlled by you
Tong Hung Sum 2202 Interest of your spouse

Ever Harvest Group Holdings Headlines

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