Autostreets Development (HKSE:02443) Net Current Asset Value: HK$1.13 (As of Dec. 2025) — 68% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:02443 Autostreets Development Ltd HKSE:02443
19 GF Score
Price HK$1.51
! 4 Warning Signs
View Full Analysis

What is Autostreets Development Net Current Asset Value?

Autostreets Development HKSE:02443 -2.58% 19 Net Current Asset Value is HK$1.13 as of Dec. 2025, which is 100% below its 10-year median of 3.52. GuruFocus rates HKSE:02443 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 704 Vehicles & Parts companies, Autostreets Development ranks better than 86.93% 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).

Autostreets Development's net current asset value per share for the quarter that ended in Dec. 2025 was HK$1.13.

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

HKSE:02443' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.34   Med: 3.52   Max: 4.65
Current: 1.34

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Autostreets Development was 4.65. The lowest was 1.34. And the median was 3.52.

HKSE:02443's Price-to-Net-Current-Asset-Value is ranked better than
86.93% of 704 companies
in the Vehicles & Parts industry
Industry Median: 4.55 vs HKSE:02443: 1.34

Autostreets Development  (HKSE:02443) 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.


Autostreets Development Net Current Asset Value Related Terms


Autostreets Development Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Autostreets Development'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.

Autostreets Development Net Current Asset Value Chart

Autostreets Development Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
-0.05 0.05 0.39 1.07 1.13

Autostreets Development Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial 0.39 1.03 1.07 1.11 1.13

HKSE:02443 vs CVNA, PAG, KMX: Net Current Asset Value Comparison

For the Auto & Truck Dealerships subindustry, Autostreets Development'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.


Autostreets Development Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autostreets Development's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


HKSE:02443
19GF Score
Autostreets Development Ltd HKSE:02443
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Autostreets Development Net Current Asset Value Calculation

Autostreets Development'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)
=(1277.116-308.107-26.958-0)/832.662
=1.13

Autostreets Development'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)
=(1277.116-308.107-26.958-0)/832.662
=1.13

* 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$1.13 mean?
Autostreets Development (HKSE:02443) has a Net Current Asset Value of HK$1.13 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 Autostreets Development and its competitors. This is 68% below median its historical median of 3.52. Over the past decade, Autostreets Development's Net Current Asset Value has ranged from 1.34 to 4.65. According to the industry distribution chart, Autostreets Development ranks #92 out of 704 companies in the Vehicles & Parts industry, placing it in the top 13.1%.
Is Autostreets Development's Net Current Asset Value too high?
Autostreets Development's current Net Current Asset Value of HK$1.13 is 68% below median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 4.65. Based on the distribution chart, Autostreets Development ranks #92 out of 704 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Autostreets Development has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Autostreets Development's Net Current Asset Value compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Autostreets Development ranks #92 out of 704 companies for Net Current Asset Value. This places Autostreets Development in the top 13% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.55. Historically, Autostreets Development's own Net Current Asset Value has ranged from 1.34 to 4.65 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.55, based on 704 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 Autostreets Development and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Autostreets Development's current Net Current Asset Value is HK$1.13, which is 68% below median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Autostreets Development stock overvalued right now?
Autostreets Development (HKSE:02443) has a current Net Current Asset Value of HK$1.13. The current Net Current Asset Value is HK$1.13, which is 68% below median its 10-year median of 3.52. Autostreets Development's overall GF Score™ is 19/100 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 Autostreets Development (HKSE:02443), the current Net Current Asset Value is HK$1.13 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.

Autostreets Development Business Description

Address Zhenbei Road, No. 2251, 6th Floor, Kailong Center, Putuo District, Shanghai, CHN
Autostreets Development Ltd is engaged in used vehicle transaction service provider. The company connects used vehicle buyers and sellers through its transaction platform in two auction formats, namely online-offline integrated auction and online auction. The company generates all of its revenues from PRC China.
19GF Score

Get the complete analysis for HKSE:02443

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

HK$1.51
Price