Zibuyu Group (HKSE:02420) Net Current Asset Value: HK$1.67 (As of Dec. 2025) — 58% Below Median

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HKSE:02420 Zibuyu Group Ltd HKSE:02420
91 GF Score
Price HK$3.91
GF Value HK$6.15
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Zibuyu Group Net Current Asset Value?

Zibuyu Group HKSE:02420 +0.13% 91 Net Current Asset Value is HK$1.67 as of Dec. 2025, which is 100% below its 10-year median of 4.00. GuruFocus rates HKSE:02420 with a GF Score™ of 91/100 and a GF Value™ of HK$6.15 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 562 Retail - Cyclical companies, Zibuyu Group ranks better than 61.57% on this metric.

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).

Zibuyu Group's net current asset value per share for the quarter that ended in Dec. 2025 was HK$1.67.

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

HKSE:02420' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.25   Med: 4   Max: 5.79
Current: 2.34

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zibuyu Group was 5.79. The lowest was 2.25. And the median was 4.00.

HKSE:02420's Price-to-Net-Current-Asset-Value is ranked better than
61.57% of 562 companies
in the Retail - Cyclical industry
Industry Median: 3.175 vs HKSE:02420: 2.34

Zibuyu Group  (HKSE:02420) 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.


Zibuyu Group Net Current Asset Value Related Terms


Zibuyu Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Zibuyu Group'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.

Zibuyu Group Net Current Asset Value Chart

Zibuyu Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial 0.75 1.52 0.94 1.19 1.67

Zibuyu Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 1.08 1.19 1.31 1.67

HKSE:02420 vs AMZN, BABA, PDD: Net Current Asset Value Comparison

For the Internet Retail subindustry, Zibuyu Group'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.


Zibuyu Group Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

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

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


HKSE:02420
91GF Score
Zibuyu Group Ltd HKSE:02420
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zibuyu Group Net Current Asset Value Calculation

Zibuyu Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1532.179-699.048-0-0)/500.000
=1.67

Zibuyu Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1532.179-699.048-0-0)/500.000
=1.67

* 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$1.67 mean?
Zibuyu Group (HKSE:02420) has a Net Current Asset Value of HK$1.67 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Zibuyu Group and its competitors. This is 58% below median its historical median of 4.00. Over the past decade, Zibuyu Group's Net Current Asset Value has ranged from 2.25 to 5.79. According to the industry distribution chart, Zibuyu Group ranks #216 out of 562 companies in the Retail - Cyclical industry, placing it in the top 38.4%.
Is Zibuyu Group's Net Current Asset Value too high?
Zibuyu Group's current Net Current Asset Value of HK$1.67 is 58% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 5.79. Based on the distribution chart, Zibuyu Group ranks #216 out of 562 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Zibuyu Group has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zibuyu Group's Net Current Asset Value compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Zibuyu Group ranks #216 out of 562 companies for Net Current Asset Value. This puts Zibuyu Group in the upper half of its industry. The industry median Net Current Asset Value is 3.18. Historically, Zibuyu Group's own Net Current Asset Value has ranged from 2.25 to 5.79 over the past decade. 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.18, based on 562 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 Zibuyu Group and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zibuyu Group's current Net Current Asset Value is HK$1.67, which is 58% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zibuyu Group stock overvalued right now?
Based on GuruFocus' analysis, Zibuyu Group (HKSE:02420) is currently considered Possible Value Trap. The stock's GF Value™ is HK$6.15, compared to a current price of HK$3.91 — trading 36.5% below its estimated fair value. The current Net Current Asset Value is HK$1.67, which is 58% below median its 10-year median of 4.00. Zibuyu Group's overall GF Score™ is 91/100 with 4 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 Zibuyu Group (HKSE:02420), the current Net Current Asset Value is HK$1.67 as of Dec. 2025. 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 Zibuyu Group (HKSE:02420) Overvalued in 2026?

Based on GuruFocus' analysis, Zibuyu Group stock appears to be undervalued. The current stock price of HK$3.91 is trading 36.5% below its estimated GF Value™ of HK$6.15. GuruFocus considers Zibuyu Group to be Possible Value Trap.

Key valuation signals for HKSE:02420:

  • Net Current Asset Value: HK$1.67 (58% below median its 10-year median of 4.00)
  • GF Value™: HK$6.15 vs. price of HK$3.91 (36.5% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02420 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zibuyu Group Business Description

Address Xincheng Road, Nanyuan Street, No. 108, Room 410, Linping District, Zhejiang Province, Hangzhou, CHN
Zibuyu Group Ltd is an investment holding company, and its subsidiaries are engaged in the design, procurement, and sale of apparel, footwear, and related products. The group sources products from OEM suppliers based on its designs and sells them globally through third-party e-commerce platforms and its self-operated online stores. Its sales channels include platforms such as Amazon, TikTok, Temu, and other third-party e-commerce platforms, as well as its own online stores. Its geographical segments include North America, Asia, Europe, and Others.
91GF Score

Get the complete analysis for HKSE:02420

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$3.91
Price
HK$6.15
GF Value