GT Gold Holdings (HKSE:08299) Net Current Asset Value: HK$-0.06 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:08299 GT Gold Holdings Ltd HKSE:08299
64 GF Score
Price HK$0.32
! 1 Warning Sign
View Full Analysis

What is GT Gold Holdings Net Current Asset Value?

GT Gold Holdings HKSE:08299 64 Net Current Asset Value is HK$-0.06 as of Mar. 2026. GuruFocus rates HKSE:08299 with a GF Score™ of 64/100. The stock has 1 warning sign investors should review. Among 1,388 Metals & Mining companies, GT Gold Holdings ranks worse than 72046.04% 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).

GT Gold Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was HK$-0.06.

The historical rank and industry rank for GT Gold Holdings's Net Current Asset Value or its related term are showing as below:

HKSE:08299's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 7.055
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

GT Gold Holdings  (HKSE:08299) 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.


GT Gold Holdings Net Current Asset Value Related Terms


GT Gold Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for GT Gold Holdings'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.

GT Gold Holdings Net Current Asset Value Chart

GT Gold Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.07 -0.10 -0.06 -0.06

GT Gold Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.10 -0.07 -0.06 -0.07 -0.06

HKSE:08299 vs NEM, AU, RGLD: Net Current Asset Value Comparison

For the Gold subindustry, GT Gold 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.


GT Gold Holdings Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, GT Gold Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where GT Gold Holdings's Price-to-Net-Current-Asset-Value falls into.


HKSE:08299
64GF Score
GT Gold Holdings Ltd HKSE:08299
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GT Gold Holdings Net Current Asset Value Calculation

GT Gold Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(260.877-600.328-159.859-0)/8466.802
=-0.06

GT Gold Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(260.877-600.328-159.859-0)/8466.802
=-0.06

* 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$-0.06 mean?
GT Gold Holdings (HKSE:08299) has a Net Current Asset Value of HK$-0.06 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on GT Gold Holdings and its competitors. According to the industry distribution chart, GT Gold Holdings ranks #999999 out of 1388 companies in the Metals & Mining industry.
Is GT Gold Holdings' Net Current Asset Value too high?
GT Gold Holdings' current Net Current Asset Value is HK$-0.06. Based on the distribution chart, GT Gold Holdings ranks #999999 out of 1388 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GT Gold Holdings has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does GT Gold Holdings' Net Current Asset Value compare to NEM and AU?
According to the Metals & Mining industry distribution chart, GT Gold Holdings ranks #999999 out of 1388 companies for Net Current Asset Value. This places GT Gold Holdings in the lower half of its industry. The industry median Net Current Asset Value is 7.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 7.06, based on 1,388 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on GT Gold Holdings and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GT Gold Holdings's current Net Current Asset Value is HK$-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GT Gold Holdings stock overvalued right now?
GT Gold Holdings (HKSE:08299) has a current Net Current Asset Value of HK$-0.06. The current Net Current Asset Value is HK$-0.06. GT Gold Holdings' overall GF Score™ is 64/100 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 GT Gold Holdings (HKSE:08299), the current Net Current Asset Value is HK$-0.06 as of Mar. 2026. 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.

GT Gold Holdings Business Description

Address 305-313 Queen’s Road Central, Roon A-B, 8th Floor, Centre Mark II, Sheung Wan, Hong Kong, HKG
GT Gold Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in gold exploration, mining, mineral processing, the sale of gold concentrate, and related products. Its segments are Gold mining and Corporate. The group's operations are located in Hong Kong and other parts of the People's Republic of China whereas the principal markets for the group's products are mainly located in other parts of the People's Republic of China.
64GF Score

Get the complete analysis for HKSE:08299

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.32
Price