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.
Reconova Technologies CoHKSE:07656 +9.56%9 Net Current Asset Value is HK$0.33 as of Dec. 2025. GuruFocus rates HKSE:07656 with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 1,758 Software companies, Reconova Technologies Co ranks worse than 97.72% 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).
Reconova Technologies Co's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.33.
The historical rank and industry rank for Reconova Technologies Co's Net Current Asset Value or its related term are showing as below:
HKSE:07656'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0 Med: 0 Max: 98.73
Current: 97.94
During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Reconova Technologies Co was 98.73. The lowest was 0.00. And the median was 0.00.
HKSE:07656's Price-to-Net-Current-Asset-Value is ranked worse than 97.72% of 1758
companies
in the Software industry
Industry Median: 4.705
vs HKSE:07656: 97.94
Reconova Technologies Co (HKSE:07656) 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.
Reconova Technologies Co Net Current Asset Value Related Terms
Reconova Technologies Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Reconova Technologies 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.
Reconova Technologies Co Net Current Asset Value Chart
Reconova Technologies Co Annual Data
Trend
Dec23
Dec24
Dec25
Net Current Asset Value
0.33
0.40
0.33
Reconova Technologies Co Semi-Annual Data
Dec23
Dec24
Dec25
Net Current Asset Value
0.33
0.40
0.33
HKSE:07656 vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Reconova Technologies 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.
Reconova Technologies Co Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Reconova Technologies Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Reconova Technologies 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$0.33 mean?
Reconova Technologies Co (HKSE:07656) has a Net Current Asset Value of HK$0.33 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 Reconova Technologies Co and its competitors. According to the industry distribution chart, Reconova Technologies Co ranks #1718 out of 1758 companies in the Software industry, placing it in the top 97.7%.
Is Reconova Technologies Co's Net Current Asset Value too high?
Reconova Technologies Co's current Net Current Asset Value is HK$0.33. Based on the distribution chart, Reconova Technologies Co ranks #1718 out of 1758 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Reconova Technologies Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Reconova Technologies Co's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Reconova Technologies Co ranks #1718 out of 1758 companies for Net Current Asset Value. This places Reconova Technologies Co in the lower half of its industry. The industry median Net Current Asset Value is 4.71. 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 4.71, based on 1,758 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 Reconova Technologies Co and its competitors. For the Software industry, the median Net Current Asset Value is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reconova Technologies Co's current Net Current Asset Value is HK$0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reconova Technologies Co stock overvalued right now?
Reconova Technologies Co (HKSE:07656) has a current Net Current Asset Value of HK$0.33. The current Net Current Asset Value is HK$0.33. Reconova Technologies Co's overall GF Score™ is 9/100 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 Reconova Technologies Co (HKSE:07656), the current Net Current Asset Value is HK$0.33 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.
Reconova Technologies Co Ltd is an AI company that provides visual AI technologies and products for enterprise clients. It is engaged in the research and development, design and sale of Visual Intelligents, commercial robots and intelligent passage devices. The company's product offerings include visual perception, visual cognition, and visual reasoning solutions applied across sectors including civil aviation, commercial spaces, and driving safety. The majority of the company's revenue is derived from the sale of Intelligent Civil Aviation, which covers the entire passenger journey including check-in, security screening, boarding, and customer service. Geographically, the maximum revenue is generated from the Chinese Mainland.
9GF Score
Get the complete analysis for HKSE:07656
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:07656 has been successfully added to your 
