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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).
HKSE:08073'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.54 Med: 1.59 Max: 3.19
Current: 1.31
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of China Shuifa Singyes New Materials Holdings was 3.19. The lowest was 0.54. And the median was 1.59.
HKSE:08073's Price-to-Net-Current-Asset-Value is ranked better than 89.33% of 1846
companies
in the Hardware industry
Industry Median: 4.98
vs HKSE:08073: 1.31
China Shuifa Singyes New Materials Holdings (HKSE:08073) 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.
China Shuifa Singyes New Materials Holdings Net Current Asset Value Related Terms
China Shuifa Singyes New Materials 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.
China Shuifa Singyes New Materials Holdings Net Current Asset Value Chart
China Shuifa Singyes New Materials Holdings Annual Data
HKSE:08073 vs APH, GLW: Net Current Asset Value Comparison
For the Electronic Components subindustry, China Shuifa Singyes New Materials 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.
China Shuifa Singyes New Materials Holdings Price-to-Net-Current-Asset-Value vs Hardware Industry
* 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?
China Shuifa Singyes New Materials Holdings (HKSE:08073) 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 China Shuifa Singyes New Materials Holdings and its competitors. This is 87% below median its historical median of 1.59. Over the past decade, China Shuifa Singyes New Materials Holdings' Net Current Asset Value has ranged from 0.54 to 3.19. According to the industry distribution chart, China Shuifa Singyes New Materials Holdings ranks #197 out of 1846 companies in the Hardware industry, placing it in the top 10.7%.
Is China Shuifa Singyes New Materials Holdings' Net Current Asset Value too high?
China Shuifa Singyes New Materials Holdings' current Net Current Asset Value of HK$0.21 is 87% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 3.19. Based on the distribution chart, China Shuifa Singyes New Materials Holdings ranks #197 out of 1846 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, China Shuifa Singyes New Materials Holdings has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Shuifa Singyes New Materials Holdings' Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, China Shuifa Singyes New Materials Holdings ranks #197 out of 1846 companies for Net Current Asset Value. This places China Shuifa Singyes New Materials Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.98. Historically, China Shuifa Singyes New Materials Holdings' own Net Current Asset Value has ranged from 0.54 to 3.19 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 4.98, based on 1,846 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 China Shuifa Singyes New Materials Holdings and its competitors. For the Hardware industry, the median Net Current Asset Value is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Shuifa Singyes New Materials Holdings's current Net Current Asset Value is HK$0.21, which is 87% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Shuifa Singyes New Materials Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Shuifa Singyes New Materials Holdings (HKSE:08073) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$0.28 — trading 27.6% below its estimated fair value. The current Net Current Asset Value is HK$0.21, which is 87% below median its 10-year median of 1.59. China Shuifa Singyes New Materials Holdings' overall GF Score™ is 62/100 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 China Shuifa Singyes New Materials Holdings (HKSE:08073), 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 China Shuifa Singyes New Materials Holdings (HKSE:08073) Overvalued in 2026?
Based on GuruFocus' analysis, China Shuifa Singyes New Materials Holdings stock appears to be undervalued.
The current stock price of HK$0.28 is trading 27.6% below its estimated GF Value™ of HK$0.38.
GuruFocus considers China Shuifa Singyes New Materials Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:08073:
Net Current Asset Value: HK$0.21 (87% below median its 10-year median of 1.59)
GF Value™: HK$0.38 vs. price of HK$0.28 (27.6% below fair value)
No single metric tells the full story. See the HKSE:08073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Shuifa Singyes New Materials Holdings Business Description
AddressNo. 9, Jinzhu Road, Levels 1 and 2 Factory Building No. 7, Zhuhai Xingye New Energy and Industrial Park, Gaoxin District, Guangdong Province, Zhuhai, CHN
China Shuifa Singyes New Materials Holdings Ltd is principally engaged in the sale and installation of Indium Tin Oxide film, and the research and development, production, sale and installation of Smart Polymer-Dispersed Liquid Crystals products, Light Emitting Diode Display and Projection System in the People's Republic of China. Geographically, the company generates the majority of its revenue from the Domestic - Chinese Mainland, followed by Czech, Germany, and Others. Product-wise, the firm generates the majority of its revenue from Sales and installation of Smart PDLC products.
62GF Score
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