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.
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.
Shanghai Forest Cabin Cosmetics Group CoHKSE:02657 +1.79%20 Net Current Asset Value is HK$10.91 as of Dec. 2025, which is 100% below its 10-year median of 7.96. GuruFocus rates HKSE:02657 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 1,045 Consumer Packaged Goods companies, Shanghai Forest Cabin Cosmetics Group Co ranks worse than 56.75% 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).
HKSE:02657'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.95 Med: 7.96 Max: 7.96
Current: 4.95
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shanghai Forest Cabin Cosmetics Group Co was 7.96. The lowest was 4.95. And the median was 7.96.
HKSE:02657's Price-to-Net-Current-Asset-Value is ranked worse than 56.75% of 1045
companies
in the Consumer Packaged Goods industry
Industry Median: 4.19
vs HKSE:02657: 4.95
Shanghai Forest Cabin Cosmetics Group Co (HKSE:02657) 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.
Shanghai Forest Cabin Cosmetics Group Co Net Current Asset Value Related Terms
Shanghai Forest Cabin Cosmetics Group Co Net Current Asset Value Historical Data
* 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.
Shanghai Forest Cabin Cosmetics Group Co Net Current Asset Value Chart
Shanghai Forest Cabin Cosmetics Group Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Net Current Asset Value
1.41
1.26
1.78
10.91
Shanghai Forest Cabin Cosmetics Group Co Semi-Annual Data
HKSE:02657 vs PG, CL, KVUE: Net Current Asset Value Comparison
For the Household & Personal Products subindustry, Shanghai Forest Cabin Cosmetics Group 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.
Shanghai Forest Cabin Cosmetics Group Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Forest Cabin Cosmetics Group Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Shanghai Forest Cabin Cosmetics Group Co'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$10.91 mean?
Shanghai Forest Cabin Cosmetics Group Co (HKSE:02657) has a Net Current Asset Value of HK$10.91 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 Shanghai Forest Cabin Cosmetics Group Co and its competitors. This is 37% above median its historical median of 7.96. Over the past decade, Shanghai Forest Cabin Cosmetics Group Co's Net Current Asset Value has ranged from 4.95 to 7.96. According to the industry distribution chart, Shanghai Forest Cabin Cosmetics Group Co ranks #593 out of 1045 companies in the Consumer Packaged Goods industry, placing it in the top 56.7%.
Is Shanghai Forest Cabin Cosmetics Group Co's Net Current Asset Value too high?
Shanghai Forest Cabin Cosmetics Group Co's current Net Current Asset Value of HK$10.91 is 37% above median its 10-year median of 7.96. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 7.96. Based on the distribution chart, Shanghai Forest Cabin Cosmetics Group Co ranks #593 out of 1045 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Shanghai Forest Cabin Cosmetics Group Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Forest Cabin Cosmetics Group Co's Net Current Asset Value compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shanghai Forest Cabin Cosmetics Group Co ranks #593 out of 1045 companies for Net Current Asset Value. This places Shanghai Forest Cabin Cosmetics Group Co in the lower half of its industry. The industry median Net Current Asset Value is 4.19. Historically, Shanghai Forest Cabin Cosmetics Group Co's own Net Current Asset Value has ranged from 4.95 to 7.96 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.19, based on 1,045 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 Shanghai Forest Cabin Cosmetics Group Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Forest Cabin Cosmetics Group Co's current Net Current Asset Value is HK$10.91, which is 37% above median its own 10-year median of 7.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Forest Cabin Cosmetics Group Co stock overvalued right now?
Shanghai Forest Cabin Cosmetics Group Co (HKSE:02657) has a current Net Current Asset Value of HK$10.91. The current Net Current Asset Value is HK$10.91, which is 37% above median its 10-year median of 7.96. Shanghai Forest Cabin Cosmetics Group Co's overall GF Score™ is 20/100 with 1 warning sign 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 Shanghai Forest Cabin Cosmetics Group Co (HKSE:02657), the current Net Current Asset Value is HK$10.91 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.
Shanghai Forest Cabin Cosmetics Group Co Ltd is a premium domestic skincare brand in China with a focus on the anti-wrinkle and firming skincare market. It offers a comprehensive selection of premium skincare solutions under Forest Cabin, encompassing essence oils, face creams, toners and lotions, serums, facial masks, and sunscreens, designed to support various stages of a skincare routine. The company generates revenue from the sale of its skincare products, with the majority derived from essential oil sales. Geographically, it generated maximum revenue from China.
20GF Score
Get the complete analysis for HKSE:02657
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02657 has been successfully added to your 
