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Zuoli Kechuang Micro-finance Co (HKSE:06866) Net Current Asset Value : HK$0.00 (As of Dec. 2024)


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What is Zuoli Kechuang Micro-finance Co 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).

Zuoli Kechuang Micro-finance Co's net current asset value per share for the quarter that ended in Dec. 2024 was HK$0.00.

The historical rank and industry rank for Zuoli Kechuang Micro-finance Co's Net Current Asset Value or its related term are showing as below:

HKSE:06866's Price-to-Net-Current-Asset-Value is not ranked *
in the Credit Services industry.
Industry Median: 2.33
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Zuoli Kechuang Micro-finance Co Net Current Asset Value Historical Data

The historical data trend for Zuoli Kechuang Micro-finance 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.

* Premium members only.

Zuoli Kechuang Micro-finance Co Net Current Asset Value Chart

Zuoli Kechuang Micro-finance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
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Zuoli Kechuang Micro-finance Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Zuoli Kechuang Micro-finance Co's Net Current Asset Value

For the Credit Services subindustry, Zuoli Kechuang Micro-finance 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.


Zuoli Kechuang Micro-finance Co's Price-to-Net-Current-Asset-Value Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zuoli Kechuang Micro-finance Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Zuoli Kechuang Micro-finance Co's Price-to-Net-Current-Asset-Value falls into.


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Zuoli Kechuang Micro-finance Co Net Current Asset Value Calculation

Zuoli Kechuang Micro-finance Co'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)
=(N/A-573.776-61.547-0)/1180.000
=N/A

Zuoli Kechuang Micro-finance Co'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)
=(N/A-573.776-61.547-0)/1180.000
=N/A

* 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.


Zuoli Kechuang Micro-finance Co  (HKSE:06866) 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.


Zuoli Kechuang Micro-finance Co Net Current Asset Value Related Terms

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Zuoli Kechuang Micro-finance Co Business Description

Traded in Other Exchanges
N/A
Address
No. 399 Deqing Avenue, Wukang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313200
Zuoli Kechuang Micro-finance Co Ltd is engaged in providing unsecured loans, guaranteed loans, collateralized loans, pledged loans, agriculture loans, individual business loans, other individual loans and loans for agricultural businesses, customers engaged in rural development activities, and/or customers residing in rural areas, SMEs and microenterprises in various industries, as well as online retailers in the businesses of lifestyle products, agricultural products, cultural supplies, and industrial products. The company generates revenue in the form of interest.
Executives
Gawsun (hk) International Trading Co., Limited 2101 Beneficial owner

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