GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Debao Property Development Ltd (SGX:BTF) » Definitions » Net Current Asset Value

Debao Property Development (SGX:BTF) Net Current Asset Value : S$-4.92 (As of Sep. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Debao Property Development 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).

Debao Property Development's net current asset value per share for the quarter that ended in Sep. 2023 was S$-4.92.

The historical rank and industry rank for Debao Property Development's Net Current Asset Value or its related term are showing as below:

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Debao Property Development was 1.73. The lowest was 1.61. And the median was 1.70.

SGX:BTF's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.36
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Debao Property Development Net Current Asset Value Historical Data

The historical data trend for Debao Property Development'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.

Debao Property Development Net Current Asset Value Chart

Debao Property Development Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.41 -2.26 -2.41 -3.51 -4.15

Debao Property Development Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 -4.40 -4.78 -4.75 -4.88 -4.92

Competitive Comparison of Debao Property Development's Net Current Asset Value

For the Real Estate - Diversified subindustry, Debao Property Development'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.


Debao Property Development's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Debao Property Development's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Debao Property Development's Price-to-Net-Current-Asset-Value falls into.



Debao Property Development Net Current Asset Value Calculation

Debao Property Development's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2019 is calculated as

Net Current Asset Value Per Share(A: Dec. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(362.346-679.907--6.201-0)/74.9997
=-4.15

Debao Property Development's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(285.42-665.752--11.471-0)/74.9997
=-4.92

* 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.


Debao Property Development  (SGX:BTF) 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.


Debao Property Development Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Debao Property Development's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Debao Property Development (SGX:BTF) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Ground Floor, 39 Nanyi Road, Guicheng, Jiangnan Mingju Xi Yua, Nanhai District, Guangdong province, Foshan, CHN, 528200
Debao Property Development Ltd operates as a real estate development company. It is engaged in the development and construction of real estate properties. The company operates through four segments: Property development, Construction contract, Property investment, and Sale of Investment Properties. Its Property development segment is engaged in the development of residential, commercial and other properties. The company's Construction contract segment is engaged in building structural projects and interior works. The company is an integrated property developer of residential properties and commercial properties in China.

Debao Property Development (SGX:BTF) Headlines

From GuruFocus

Top 5 3rd Quarter Trades of Sloy Dahl & Holst, LLC

By GuruFocus Research GuruFocus Editor 10-19-2022

Top 5 4th Quarter Trades of Sloy Dahl & Holst, LLC

By GuruFocus Research GuruFocus Editor 01-30-2023