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Paslin Digital Technology CoSHSE:600215 +2.48%52 Net Current Asset Value is ¥1.59 as of Mar. 2026, which is 100% below its 10-year median of 2.82. GuruFocus rates SHSE:600215 with a GF Score™ of 52/100 and a GF Value™ of ¥4.45 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 754 Real Estate companies, Paslin Digital Technology Co ranks worse than 66.98% 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).
Paslin Digital Technology Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥1.59.
The historical rank and industry rank for Paslin Digital Technology Co's Net Current Asset Value or its related term are showing as below:
SHSE:600215'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.99 Med: 2.82 Max: 97.71
Current: 3.9
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Paslin Digital Technology Co was 97.71. The lowest was 0.99. And the median was 2.82.
SHSE:600215's Price-to-Net-Current-Asset-Value is ranked worse than 66.98% of 754
companies
in the Real Estate industry
Industry Median: 2.105
vs SHSE:600215: 3.90
Paslin Digital Technology Co (SHSE:600215) 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.
Paslin Digital Technology Co Net Current Asset Value Related Terms
Paslin Digital Technology Co 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.
Paslin Digital Technology Co Net Current Asset Value Chart
Paslin Digital Technology Co Net Current Asset Value Competitor Comparison
For the Real Estate - Development subindustry, Paslin Digital Technology 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.
Paslin Digital Technology Co Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Paslin Digital Technology Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Paslin Digital Technology Co's Price-to-Net-Current-Asset-Value falls into.
* 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 ¥1.59 mean?
Paslin Digital Technology Co (SHSE:600215) has a Net Current Asset Value of ¥1.59 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 Paslin Digital Technology Co and its competitors. This is 44% below median its historical median of 2.82. Over the past decade, Paslin Digital Technology Co's Net Current Asset Value has ranged from 0.99 to 97.71. According to the industry distribution chart, Paslin Digital Technology Co ranks #505 out of 754 companies in the Real Estate industry, placing it in the top 67%.
Is Paslin Digital Technology Co's Net Current Asset Value too high?
Paslin Digital Technology Co's current Net Current Asset Value of ¥1.59 is 44% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 97.71. Based on the distribution chart, Paslin Digital Technology Co ranks #505 out of 754 companies in the Real Estate industry, which is below the industry midpoint. Overall, Paslin Digital Technology Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paslin Digital Technology Co's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, Paslin Digital Technology Co ranks #505 out of 754 companies for Net Current Asset Value. This places Paslin Digital Technology Co in the lower half of its industry. The industry median Net Current Asset Value is 2.11. Historically, Paslin Digital Technology Co's own Net Current Asset Value has ranged from 0.99 to 97.71 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.11, based on 754 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 Paslin Digital Technology Co and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paslin Digital Technology Co's current Net Current Asset Value is ¥1.59, which is 44% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paslin Digital Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Paslin Digital Technology Co (SHSE:600215) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.45, compared to a current price of ¥6.20 — trading 39.3% above its estimated fair value. The current Net Current Asset Value is ¥1.59, which is 44% below median its 10-year median of 2.82. Paslin Digital Technology Co's overall GF Score™ is 52/100 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 Paslin Digital Technology Co (SHSE:600215), the current Net Current Asset Value is ¥1.59 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 Paslin Digital Technology Co (SHSE:600215) Overvalued in 2026?
Based on GuruFocus' analysis, Paslin Digital Technology Co stock appears to be overvalued.
The current stock price of ¥6.20 is trading 39.3% above its estimated GF Value™ of ¥4.45.
GuruFocus considers Paslin Digital Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:600215:
Net Current Asset Value: ¥1.59 (44% below median its 10-year median of 2.82)
GF Value™: ¥4.45 vs. price of ¥6.20 (39.3% above fair value)
No single metric tells the full story. See the SHSE:600215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paslin Digital Technology Co Ltd, formerly Changchunjingkai (Group) Co Ltd, is principally engaged in real estate development and infrastructure construction businesses.
52GF Score
Get the complete analysis for SHSE:600215
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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