PIHLF (Sky Blue 11 Co) Net Current Asset Value: $-0.05 (As of Dec. 2025)

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PIHLF Sky Blue 11 Co Ltd PIHLF
36 GF Score
Price $0.01
GF Value $1.42
! 6 Warning Signs
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What is Sky Blue 11 Co Net Current Asset Value?

Sky Blue 11 Co PIHLF 36 Net Current Asset Value is $-0.05 as of Dec. 2025. GuruFocus rates PIHLF with a GF Score™ of 36/100 and a GF Value™ of $1.42. The stock has 6 warning signs investors should review. Among 701 Vehicles & Parts companies, Sky Blue 11 Co ranks worse than 142653.21% 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).

Sky Blue 11 Co's net current asset value per share for the quarter that ended in Dec. 2025 was $-0.05.

The historical rank and industry rank for Sky Blue 11 Co's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sky Blue 11 Co was 114.00. The lowest was 5.48. And the median was 8.36.

PIHLF's Price-to-Net-Current-Asset-Value is not ranked *
in the Vehicles & Parts industry.
Industry Median: 4.67
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Sky Blue 11 Co  (OTCPK:PIHLF) 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.


Sky Blue 11 Co Net Current Asset Value Related Terms


Sky Blue 11 Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Sky Blue 11 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.

Sky Blue 11 Co Net Current Asset Value Chart

Sky Blue 11 Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 -0.02 -0.05 -0.05

Sky Blue 11 Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.02 -0.01 -0.05 -0.05 -0.05

PIHLF vs BC, PII, THO: Net Current Asset Value Comparison

For the Recreational Vehicles subindustry, Sky Blue 11 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.


Sky Blue 11 Co Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sky Blue 11 Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Sky Blue 11 Co's Price-to-Net-Current-Asset-Value falls into.


PIHLF
36GF Score
Sky Blue 11 Co Ltd PIHLF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Sky Blue 11 Co Net Current Asset Value Calculation

Sky Blue 11 Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(24.391-47.888-0-0)/444.294
=-0.05

Sky Blue 11 Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(24.391-47.888-0-0)/444.294
=-0.05

* 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 $-0.05 mean?
Sky Blue 11 Co (PIHLF) has a Net Current Asset Value of $-0.05 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 Sky Blue 11 Co and its competitors. Over the past decade, Sky Blue 11 Co's Net Current Asset Value has ranged from 5.48 to 114.00. According to the industry distribution chart, Sky Blue 11 Co ranks #999999 out of 701 companies in the Vehicles & Parts industry.
Is Sky Blue 11 Co's Net Current Asset Value too high?
Sky Blue 11 Co's current Net Current Asset Value is $-0.05. Over the past 10 years, this metric has ranged from a low of 5.48 to a high of 114.00. Based on the distribution chart, Sky Blue 11 Co ranks #999999 out of 701 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Sky Blue 11 Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Sky Blue 11 Co's Net Current Asset Value compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Sky Blue 11 Co ranks #999999 out of 701 companies for Net Current Asset Value. This places Sky Blue 11 Co in the lower half of its industry. The industry median Net Current Asset Value is 4.67. Historically, Sky Blue 11 Co's own Net Current Asset Value has ranged from 5.48 to 114.00 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.67, based on 701 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 Sky Blue 11 Co and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Blue 11 Co's current Net Current Asset Value is $-0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Blue 11 Co stock overvalued right now?
Sky Blue 11 Co (PIHLF) has a current Net Current Asset Value of $-0.05. The stock's GF Value™ is $1.42, compared to a current price of $0.01 — trading 99.3% below its estimated fair value. The current Net Current Asset Value is $-0.05. Sky Blue 11 Co's overall GF Score™ is 36/100 with 6 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 Sky Blue 11 Co (PIHLF), the current Net Current Asset Value is $-0.05 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 Sky Blue 11 Co (PIHLF) Overvalued in 2026?

Based on GuruFocus' analysis, Sky Blue 11 Co stock appears to be undervalued. The current stock price of $0.01 is trading 99.3% below its estimated GF Value™ of $1.42.

Key valuation signals for PIHLF:

  • Net Current Asset Value: $-0.05
  • GF Value™: $1.42 vs. price of $0.01 (99.3% below fair value)
  • GF Score™: 36/100 with 6 warning signs

No single metric tells the full story. See the PIHLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sky Blue 11 Co Business Description

Other Exchanges 01010:Hong Kong
Address 18 Harbour Road, Suite 3902, 39 Floor, Central Plaza, Wanchai, Hong Kong, HKG
Sky Blue 11 Co Ltd is an investment holding company. The reportable segment of the company is the design and sales of integrated circuits and semi-conductor parts used in industrial and household measuring tools and display products; executive jet management services; manufacturing and sales of yachts and other yacht-related businesses; property investment and Headquarter and others segment which comprises principally the Group's corporate administrative and investment functions performed by the headquarter and provision of finance lease services. Its geographical markets include Hong Kong and Mainland China. The majority of revenue is from the manufacturing and sales of yachts and other yacht-related businesses.
36GF Score

Get the complete analysis for PIHLF

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

$0.01
Price
$1.42
GF Value