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Infinities Technology International (Cayman) Holding (HKSE:01961) Net Current Asset Value : HK$0.03 (As of Dec. 2024)


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What is Infinities Technology International (Cayman) Holding 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).

Infinities Technology International (Cayman) Holding's net current asset value per share for the quarter that ended in Dec. 2024 was HK$0.03.

The historical rank and industry rank for Infinities Technology International (Cayman) Holding's Net Current Asset Value or its related term are showing as below:

HKSE:01961' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.03   Med: 10.77   Max: 30
Current: 12.5

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Infinities Technology International (Cayman) Holding was 30.00. The lowest was 2.03. And the median was 10.77.

HKSE:01961's Price-to-Net-Current-Asset-Value is ranked worse than
81.17% of 377 companies
in the Interactive Media industry
Industry Median: 4.22 vs HKSE:01961: 12.50

Infinities Technology International (Cayman) Holding Net Current Asset Value Historical Data

The historical data trend for Infinities Technology International (Cayman) Holding'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.

Infinities Technology International (Cayman) Holding Net Current Asset Value Chart

Infinities Technology International (Cayman) Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 0.31 0.16 0.04 0.13 0.04

Infinities Technology International (Cayman) Holding Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.04 0.17 0.13 0.10 0.03

Competitive Comparison of Infinities Technology International (Cayman) Holding's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Infinities Technology International (Cayman) Holding'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.


Infinities Technology International (Cayman) Holding's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Infinities Technology International (Cayman) Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Infinities Technology International (Cayman) Holding's Price-to-Net-Current-Asset-Value falls into.


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Infinities Technology International (Cayman) Holding Net Current Asset Value Calculation

Infinities Technology International (Cayman) Holding's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(444.372-396.5-22.752-0)/702.576
=0.04

Infinities Technology International (Cayman) Holding's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(444.372-396.5-22.752-0)/735.049
=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.


Infinities Technology International (Cayman) Holding  (HKSE:01961) 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.


Infinities Technology International (Cayman) Holding Net Current Asset Value Related Terms

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Infinities Technology International (Cayman) Holding Business Description

Traded in Other Exchanges
N/A
Address
12-1 Keyun Road, Room 606, West Building, Fangyuan E Time, Tianhe District, Guangzhou, CHN
Infinities Technology International (Cayman) Holding Ltd is engaged in the development and operation of mobile games, the distribution of digital media content and gaming products supply in China and overseas. The company operates in three segment: Mobile games, Digital media, and Gaming products supply. The maximum of its revenue is derived from the Digital media segment. It operates in Mainland China and Other countries.
Executives
Infinities Technology (cayman) Holding Limited 2201 Interest of corporation controlled by you
An Fenghua 2201 Interest of corporation controlled by you
Infinities B&m Technology Limited 2101 Beneficial owner
Infinities Global Technology Limited Partnership 2101 Beneficial owner
Infinities Worldwide Limited 2201 Interest of corporation controlled by you
Liu Xiaoke 2201 Interest of corporation controlled by you
Wang Le 2201 Interest of corporation controlled by you
More Gain Group Limited 2101 Beneficial owner
Tan Bing 2201 Interest of corporation controlled by you

Infinities Technology International (Cayman) Holding Headlines

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