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.
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.
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).
SHSE:600345'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.22 Med: 17.06 Max: 187.25
Current: 14.86
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wuhan Yangtze Communications Industry Group Co was 187.25. The lowest was 7.22. And the median was 17.06.
SHSE:600345's Price-to-Net-Current-Asset-Value is ranked worse than 81.14% of 1845
companies
in the Hardware industry
Industry Median: 5.02
vs SHSE:600345: 14.86
Wuhan Yangtze Communications Industry Group Co (SHSE:600345) 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.
Wuhan Yangtze Communications Industry Group Co Net Current Asset Value Related Terms
Wuhan Yangtze Communications Industry Group 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.
Wuhan Yangtze Communications Industry Group Co Net Current Asset Value Chart
Wuhan Yangtze Communications Industry Group Co Annual Data
SHSE:600345 vs CSCO, CIEN, MSI: Net Current Asset Value Comparison
For the Communication Equipment subindustry, Wuhan Yangtze Communications Industry Group 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.
Wuhan Yangtze Communications Industry Group Co Price-to-Net-Current-Asset-Value vs Hardware Industry
* 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 ¥2.92 mean?
Wuhan Yangtze Communications Industry Group Co (SHSE:600345) has a Net Current Asset Value of ¥2.92 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 Wuhan Yangtze Communications Industry Group Co and its competitors. This is 83% below median its historical median of 17.06. Over the past decade, Wuhan Yangtze Communications Industry Group Co's Net Current Asset Value has ranged from 7.22 to 187.25. According to the industry distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #1497 out of 1845 companies in the Hardware industry, placing it in the top 81.1%.
Is Wuhan Yangtze Communications Industry Group Co's Net Current Asset Value too high?
Wuhan Yangtze Communications Industry Group Co's current Net Current Asset Value of ¥2.92 is 83% below median its 10-year median of 17.06. Over the past 10 years, this metric has ranged from a low of 7.22 to a high of 187.25. Based on the distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #1497 out of 1845 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wuhan Yangtze Communications Industry Group Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuhan Yangtze Communications Industry Group Co's Net Current Asset Value compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #1497 out of 1845 companies for Net Current Asset Value. This places Wuhan Yangtze Communications Industry Group Co in the lower half of its industry. The industry median Net Current Asset Value is 5.02. Historically, Wuhan Yangtze Communications Industry Group Co's own Net Current Asset Value has ranged from 7.22 to 187.25 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 5.02, based on 1,845 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 Wuhan Yangtze Communications Industry Group Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuhan Yangtze Communications Industry Group Co's current Net Current Asset Value is ¥2.92, which is 83% below median its own 10-year median of 17.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuhan Yangtze Communications Industry Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wuhan Yangtze Communications Industry Group Co (SHSE:600345) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.11, compared to a current price of ¥43.38 — trading 96.2% above its estimated fair value. The current Net Current Asset Value is ¥2.92, which is 83% below median its 10-year median of 17.06. Wuhan Yangtze Communications Industry Group Co's overall GF Score™ is 56/100 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 Wuhan Yangtze Communications Industry Group Co (SHSE:600345), the current Net Current Asset Value is ¥2.92 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 Wuhan Yangtze Communications Industry Group Co (SHSE:600345) Overvalued in 2026?
Based on GuruFocus' analysis, Wuhan Yangtze Communications Industry Group Co stock appears to be overvalued.
The current stock price of ¥43.38 is trading 96.2% above its estimated GF Value™ of ¥22.11.
GuruFocus considers Wuhan Yangtze Communications Industry Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600345:
Net Current Asset Value: ¥2.92 (83% below median its 10-year median of 17.06)
GF Value™: ¥22.11 vs. price of ¥43.38 (96.2% above fair value)
No single metric tells the full story. See the SHSE:600345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wuhan Yangtze Communications Industry Group Co Business Description
Wuhan Yangtze Communications Industry Group Co Ltd is engaged in the investment, manufacture, and sales of communications, lighting and display products. Its product includes optical transmission equipment, access network equipment, optical fiber and cable, wireless communications system and equipment, base station radiofrequency cable, digital video equipment, communication equipment precise structure product, optical memory product, and relevant software.
56GF Score
Get the complete analysis for SHSE:600345
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600345 has been successfully added to your 
