Xizang Zhihui Mining Co (HKSE:02546) Net Current Asset Value: HK$0.92 (As of Dec. 2025) — 92% Below Median

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HKSE:02546 Xizang Zhihui Mining Co Ltd HKSE:02546
20 GF Score
Price HK$19.29
! 3 Warning Signs
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What is Xizang Zhihui Mining Co Net Current Asset Value?

Xizang Zhihui Mining Co HKSE:02546 +2.77% 20 Net Current Asset Value is HK$0.92 as of Dec. 2025, which is 100% below its 10-year median of 10.98. GuruFocus rates HKSE:02546 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,363 Metals & Mining companies, Xizang Zhihui Mining Co ranks worse than 84.08% 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).

Xizang Zhihui Mining Co's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.92.

The historical rank and industry rank for Xizang Zhihui Mining Co's Net Current Asset Value or its related term are showing as below:

HKSE:02546' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.98   Med: 10.98   Max: 20.97
Current: 20.97

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Xizang Zhihui Mining Co was 20.97. The lowest was 10.98. And the median was 10.98.

HKSE:02546's Price-to-Net-Current-Asset-Value is ranked worse than
84.08% of 1363 companies
in the Metals & Mining industry
Industry Median: 7 vs HKSE:02546: 20.97

Xizang Zhihui Mining Co  (HKSE:02546) 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.


Xizang Zhihui Mining Co Net Current Asset Value Related Terms


Xizang Zhihui Mining Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Xizang Zhihui Mining Co'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.

Xizang Zhihui Mining Co Net Current Asset Value Chart

Xizang Zhihui Mining Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
-0.26 -0.47 -0.38 0.92

Xizang Zhihui Mining Co Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Net Current Asset Value -0.26 -0.47 -0.38 0.92

HKSE:02546 vs VRT, BE: Net Current Asset Value Comparison

For the Other Industrial Metals & Mining subindustry, Xizang Zhihui Mining 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.


Xizang Zhihui Mining Co Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xizang Zhihui Mining Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Xizang Zhihui Mining Co's Price-to-Net-Current-Asset-Value falls into.


HKSE:02546
20GF Score
Xizang Zhihui Mining Co Ltd HKSE:02546
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Xizang Zhihui Mining Co Net Current Asset Value Calculation

Xizang Zhihui Mining Co'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)
=(912.663-463.716-0-0)/487.806
=0.92

Xizang Zhihui Mining Co'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)
=(912.663-463.716-0-0)/487.806
=0.92

* 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$0.92 mean?
Xizang Zhihui Mining Co (HKSE:02546) has a Net Current Asset Value of HK$0.92 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 Xizang Zhihui Mining Co and its competitors. This is 92% below median its historical median of 10.98. Over the past decade, Xizang Zhihui Mining Co's Net Current Asset Value has ranged from 10.98 to 20.97. According to the industry distribution chart, Xizang Zhihui Mining Co ranks #1146 out of 1363 companies in the Metals & Mining industry, placing it in the top 84.1%.
Is Xizang Zhihui Mining Co's Net Current Asset Value too high?
Xizang Zhihui Mining Co's current Net Current Asset Value of HK$0.92 is 92% below median its 10-year median of 10.98. Over the past 10 years, this metric has ranged from a low of 10.98 to a high of 20.97. Based on the distribution chart, Xizang Zhihui Mining Co ranks #1146 out of 1363 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Xizang Zhihui Mining Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Xizang Zhihui Mining Co's Net Current Asset Value compare to VRT and BE?
According to the Metals & Mining industry distribution chart, Xizang Zhihui Mining Co ranks #1146 out of 1363 companies for Net Current Asset Value. This places Xizang Zhihui Mining Co in the lower half of its industry. The industry median Net Current Asset Value is 7.00. Historically, Xizang Zhihui Mining Co's own Net Current Asset Value has ranged from 10.98 to 20.97 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 7.00, based on 1,363 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 Xizang Zhihui Mining Co and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xizang Zhihui Mining Co's current Net Current Asset Value is HK$0.92, which is 92% below median its own 10-year median of 10.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xizang Zhihui Mining Co stock overvalued right now?
Xizang Zhihui Mining Co (HKSE:02546) has a current Net Current Asset Value of HK$0.92. The current Net Current Asset Value is HK$0.92, which is 92% below median its 10-year median of 10.98. Xizang Zhihui Mining Co's overall GF Score™ is 20/100 with 3 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 Xizang Zhihui Mining Co (HKSE:02546), the current Net Current Asset Value is HK$0.92 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.

Xizang Zhihui Mining Co Business Description

Address No. 2 Tongzhan West Road, Serni District, Building 2, Xizang Autonomous Region, Nagqu, CHN, 211100
Xizang Zhihui Mining Co Ltd principally engaged in the exploration, mining, production, and sale of non-ferrous metal concentrates of zinc, lead, copper, and silver. The company generates the majority of its revenue from Zinc concentrates, followed by Lead concentrates and Copper concentrates. Geographically, all of the company's sales revenue is generated from the PRC. The company has an interest in the Mengya lead-zinc mine, which is located in Jiali County, Nagqu City.
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HK$19.29
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