Ningbo Bird Co (SHSE:600130) Net Current Asset Value: ¥0.90 (As of Mar. 2026) — 80% Below Median

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SHSE:600130 Ningbo Bird Co Ltd SHSE:600130
67 GF Score
Price ¥3.73
GF Value ¥4.67
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ningbo Bird Co Net Current Asset Value?

Ningbo Bird Co SHSE:600130 +2.75% 67 Net Current Asset Value is ¥0.90 as of Mar. 2026, which is 100% below its 10-year median of 4.61. GuruFocus rates SHSE:600130 with a GF Score™ of 67/100 and a GF Value™ of ¥4.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,847 Hardware companies, Ningbo Bird Co ranks better than 56.85% 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).

Ningbo Bird Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥0.90.

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

SHSE:600130' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.22   Med: 4.61   Max: 11.44
Current: 4.14

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ningbo Bird Co was 11.44. The lowest was 3.22. And the median was 4.61.

SHSE:600130's Price-to-Net-Current-Asset-Value is ranked better than
56.85% of 1847 companies
in the Hardware industry
Industry Median: 5.09 vs SHSE:600130: 4.14

Ningbo Bird Co  (SHSE:600130) 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.


Ningbo Bird Co Net Current Asset Value Related Terms


Ningbo Bird Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Ningbo Bird 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.

Ningbo Bird Co Net Current Asset Value Chart

Ningbo Bird 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 0.92 0.96 1.00 0.96 0.97

Ningbo Bird Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.97 0.97 0.97 0.97 0.90

SHSE:600130 vs CSCO, MSI, HPE: Net Current Asset Value Comparison

For the Communication Equipment subindustry, Ningbo Bird 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.


Ningbo Bird Co Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, Ningbo Bird Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


SHSE:600130
67GF Score
Ningbo Bird Co Ltd SHSE:600130
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Bird Co Net Current Asset Value Calculation

Ningbo Bird 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)
=(979.722-182.487-68.675-0)/750.000
=0.97

Ningbo Bird Co'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)
=(939.729-194.127-68.028-0)/750.000
=0.90

* 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 ¥0.90 mean?
Ningbo Bird Co (SHSE:600130) has a Net Current Asset Value of ¥0.90 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 Ningbo Bird Co and its competitors. This is 80% below median its historical median of 4.61. Over the past decade, Ningbo Bird Co's Net Current Asset Value has ranged from 3.22 to 11.44. According to the industry distribution chart, Ningbo Bird Co ranks #797 out of 1847 companies in the Hardware industry, placing it in the top 43.2%.
Is Ningbo Bird Co's Net Current Asset Value too high?
Ningbo Bird Co's current Net Current Asset Value of ¥0.90 is 80% below median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 11.44. Based on the distribution chart, Ningbo Bird Co ranks #797 out of 1847 companies in the Hardware industry, which is above the industry midpoint. Overall, Ningbo Bird Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Bird Co's Net Current Asset Value compare to CSCO and MSI?
According to the Hardware industry distribution chart, Ningbo Bird Co ranks #797 out of 1847 companies for Net Current Asset Value. This puts Ningbo Bird Co in the upper half of its industry. The industry median Net Current Asset Value is 5.09. Historically, Ningbo Bird Co's own Net Current Asset Value has ranged from 3.22 to 11.44 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 5.09, based on 1,847 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 Ningbo Bird Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Bird Co's current Net Current Asset Value is ¥0.90, which is 80% below median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Bird Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Bird Co (SHSE:600130) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.67, compared to a current price of ¥3.73 — trading 20.1% below its estimated fair value. The current Net Current Asset Value is ¥0.90, which is 80% below median its 10-year median of 4.61. Ningbo Bird Co's overall GF Score™ is 67/100 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 Ningbo Bird Co (SHSE:600130), the current Net Current Asset Value is ¥0.90 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.

Is Ningbo Bird Co (SHSE:600130) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Bird Co stock appears to be undervalued. The current stock price of ¥3.73 is trading 20.1% below its estimated GF Value™ of ¥4.67. GuruFocus considers Ningbo Bird Co to be Modestly Undervalued.

Key valuation signals for SHSE:600130:

  • Net Current Asset Value: ¥0.90 (80% below median its 10-year median of 4.61)
  • GF Value™: ¥4.67 vs. price of ¥3.73 (20.1% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Bird Co Business Description

Address No. 999 Dacheng East Road, Fenghua, Ningbo, Zhejiang, CHN, 315500
Ningbo Bird Co Ltd is engaged in producing and selling mobile phones, palm computers, and system equipment in China. It offers Android, bar, qwerty, and clamshell phones; and tablets. The company also exports its products to various countries, including France, Italy, other Europe countries, Russia, India, Mexico, Brazil, and other countries.
67GF Score

Get the complete analysis for SHSE:600130

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

¥3.73
Price
¥4.67
GF Value