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Bayzed Health GroupHKSE:02609 -1.81%12 Net Current Asset Value is HK$0.10 as of Dec. 2025, which is 100% below its 10-year median of 38.10. GuruFocus rates HKSE:02609 with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 277 Healthcare Providers & Services companies, Bayzed Health Group ranks worse than 86.64% 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).
Bayzed Health Group's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.10.
The historical rank and industry rank for Bayzed Health Group's Net Current Asset Value or its related term are showing as below:
HKSE:02609'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 29.85 Med: 38.1 Max: 38.1
Current: 29.85
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bayzed Health Group was 38.10. The lowest was 29.85. And the median was 38.10.
HKSE:02609's Price-to-Net-Current-Asset-Value is ranked worse than 86.64% of 277
companies
in the Healthcare Providers & Services industry
Industry Median: 6.3
vs HKSE:02609: 29.85
Bayzed Health Group (HKSE:02609) 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 Grahams 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.
Bayzed Health Group Net Current Asset Value Related Terms
Bayzed Health Group Net Current Asset Value Historical Data
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The historical data trend for Bayzed Health 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.
HKSE:02609 vs HCA, THC, DVA: Net Current Asset Value Comparison
For the Medical Care Facilities subindustry, Bayzed Health 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.
Bayzed Health Group Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Bayzed Health Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bayzed Health Group's Price-to-Net-Current-Asset-Value falls into.
* 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$0.10 mean?
Bayzed Health Group (HKSE:02609) has a Net Current Asset Value of HK$0.10 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 Bayzed Health Group and its competitors. This is 100% below median its historical median of 38.10. Over the past decade, Bayzed Health Group's Net Current Asset Value has ranged from 29.85 to 38.10. According to the industry distribution chart, Bayzed Health Group ranks #240 out of 277 companies in the Healthcare Providers & Services industry, placing it in the top 86.6%.
Is Bayzed Health Group's Net Current Asset Value too high?
Bayzed Health Group's current Net Current Asset Value of HK$0.10 is 100% below median its 10-year median of 38.10. Over the past 10 years, this metric has ranged from a low of 29.85 to a high of 38.10. Based on the distribution chart, Bayzed Health Group ranks #240 out of 277 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Bayzed Health Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Bayzed Health Group's Net Current Asset Value compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Bayzed Health Group ranks #240 out of 277 companies for Net Current Asset Value. This places Bayzed Health Group in the lower half of its industry. The industry median Net Current Asset Value is 6.30. Historically, Bayzed Health Group's own Net Current Asset Value has ranged from 29.85 to 38.10 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 Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 6.30, based on 277 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 Bayzed Health Group and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 6.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bayzed Health Group's current Net Current Asset Value is HK$0.10, which is 100% below median its own 10-year median of 38.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayzed Health Group stock overvalued right now?
Bayzed Health Group (HKSE:02609) has a current Net Current Asset Value of HK$0.10. The current Net Current Asset Value is HK$0.10, which is 100% below median its 10-year median of 38.10. Bayzed Health Group's overall GF Score™ is 12/100 with 2 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 Bayzed Health Group (HKSE:02609), the current Net Current Asset Value is HK$0.10 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.
Bayzed Health Group Inc is an oncology healthcare group that principally engages in the investment in, and provision of, medical and healthcare related services in the PRC. It operates and manages a network of eight hospitals in Beijing, Tianjin, Shanxi Province, Anhui Province, and Henan Province, with a strategic focus on the provision of full-cycle oncology healthcare services through its direct ownership of the equity interest in six private for-profit hospitals and management over two private not-for-profit hospitals.
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