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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).
Ruihe Data Technology Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was HK$-0.21.
The historical rank and industry rank for Ruihe Data Technology Holdings's Net Current Asset Value or its related term are showing as below:
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ruihe Data Technology Holdings was 71.75. The lowest was 4.86. And the median was 38.31.
HKSE:03680's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.05 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Ruihe Data Technology Holdings (HKSE:03680) 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.
Ruihe Data Technology Holdings Net Current Asset Value Related Terms
Ruihe Data Technology Holdings 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.
Ruihe Data Technology Holdings Net Current Asset Value Chart
HKSE:03680 vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Ruihe Data Technology Holdings'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.
Ruihe Data Technology Holdings Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Ruihe Data Technology Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Ruihe Data Technology Holdings'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$-0.21 mean?
Ruihe Data Technology Holdings (HKSE:03680) has a Net Current Asset Value of HK$-0.21 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Ruihe Data Technology Holdings and its competitors. According to the industry distribution chart, Ruihe Data Technology Holdings ranks #999999 out of 1759 companies in the Software industry.
Is Ruihe Data Technology Holdings' Net Current Asset Value too high?
Ruihe Data Technology Holdings' current Net Current Asset Value is HK$-0.21. Based on the distribution chart, Ruihe Data Technology Holdings ranks #999999 out of 1759 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Ruihe Data Technology Holdings has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ruihe Data Technology Holdings' Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Ruihe Data Technology Holdings ranks #999999 out of 1759 companies for Net Current Asset Value. This places Ruihe Data Technology Holdings in the lower half of its industry. The industry median Net Current Asset Value is 5.05. 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 Software company?
The median Net Current Asset Value among Software companies is 5.05, based on 1,759 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 Ruihe Data Technology Holdings and its competitors. For the Software industry, the median Net Current Asset Value is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ruihe Data Technology Holdings's current Net Current Asset Value is HK$-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruihe Data Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ruihe Data Technology Holdings (HKSE:03680) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.65, compared to a current price of HK$2.34 — trading 259.2% above its estimated fair value. The current Net Current Asset Value is HK$-0.21. Ruihe Data Technology Holdings' overall GF Score™ is 44/100 with 9 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 Ruihe Data Technology Holdings (HKSE:03680), the current Net Current Asset Value is HK$-0.21 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 Ruihe Data Technology Holdings (HKSE:03680) Overvalued in 2026?
Based on GuruFocus' analysis, Ruihe Data Technology Holdings stock appears to be overvalued.
The current stock price of HK$2.34 is trading 259.2% above its estimated GF Value™ of HK$0.65.
GuruFocus considers Ruihe Data Technology Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:03680:
Net Current Asset Value: HK$-0.21
GF Value™: HK$0.65 vs. price of HK$2.34 (259.2% above fair value)
No single metric tells the full story. See the HKSE:03680 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ruihe Data Technology Holdings Ltd is an enterprise in the field of data intelligence and marketing technology, providing big data, AI, and digital marketing solutions and professional consulting services to financial institutions and other enterprises and helping all kinds of enterprises and organizations to fully realize the value of data and accelerate their digital transformation driven by data. The core businesses of the Group are the provision of data solutions, sales of hardware and software, and related services as an integrated service, as well as IT maintenance and support services. Its segments include Integrated data technology services; Trading of commodities; and Others, where Integrated data technology services derives maximum revenue.
44GF Score
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