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Homeland Interactive Technology (HKSE:03798) Net Current Asset Value : HK$1.23 (As of Dec. 2024)


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What is Homeland Interactive Technology Net Current Asset Value?

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).

Homeland Interactive Technology's net current asset value per share for the quarter that ended in Dec. 2024 was HK$1.23.

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

HKSE:03798' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.9   Med: 1.62   Max: 7.78
Current: 0.92

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Homeland Interactive Technology was 7.78. The lowest was 0.90. And the median was 1.62.

HKSE:03798's Price-to-Net-Current-Asset-Value is ranked better than
93.63% of 377 companies
in the Interactive Media industry
Industry Median: 4.22 vs HKSE:03798: 0.92

Homeland Interactive Technology Net Current Asset Value Historical Data

The historical data trend for Homeland Interactive Technology'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.

* Premium members only.

Homeland Interactive Technology Net Current Asset Value Chart

Homeland Interactive Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 0.68 1.11 1.13 1.44 1.23

Homeland Interactive Technology Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 1.34 1.44 1.41 1.23

Competitive Comparison of Homeland Interactive Technology's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Homeland Interactive Technology'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.


Homeland Interactive Technology's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Homeland Interactive Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Homeland Interactive Technology's Price-to-Net-Current-Asset-Value falls into.


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Homeland Interactive Technology Net Current Asset Value Calculation

Homeland Interactive Technology's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1883.155-267.941-36.399-0)/1283.404
=1.23

Homeland Interactive Technology's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1883.155-267.941-36.399-0)/1283.404
=1.23

* 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.


Homeland Interactive Technology  (HKSE:03798) 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.


Homeland Interactive Technology Net Current Asset Value Related Terms

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Homeland Interactive Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 3040, Xinghai Avenue, Nanshan Street, 17 Floor, Qianhai Shimao Finance Centre II, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
Homeland Interactive Technology Ltd is a developer and operator of localized card and board games developer and operator in the PRC with a special focus on localized Mahjong and poker games. It derives revenue from game development and operation income from sales of virtual tokens and private game room cards. Its operating activities are attributable to a single operating segment focusing on the development and operation of mobile games in the People's Republic of China as well as other Asian Countries.
Executives
Futu Trustee Limited 2301 Trustee
One One Eleven Limited 2201 Interest of corporation controlled by you
Moomoo Trustee (singapore) Pte. Ltd. 2301 Trustee
Men Geng Network Limited 2101 Beneficial owner
Men Geng 2307 Founder of a discretionary trust who can infl
Trident Trust Company (cayman) Limited 2301 Trustee
Lumiere Vision Holdings Limited 2201 Interest of corporation controlled by you
Wu Chengze Network Limited 2101 Beneficial owner
Wu Chengze 2201 Interest of corporation controlled by you
Evergreen Homeland Holdings Limited 2101 Beneficial owner
Jiang Ming Kuan Network Limited 2101 Beneficial owner
Jiang Mingkuan
Su Bo Network Limited 2101 Beneficial owner
Su Bo 2201 Interest of corporation controlled by you
Zhang Na 2101 Beneficial owner

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