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Guangdong Mingzhu Group CoSHSE:600382 -4.01%68 Net Current Asset Value is ¥2.89 as of Mar. 2026, which is 100% below its 10-year median of 1.90. GuruFocus rates SHSE:600382 with a GF Score™ of 68/100 and a GF Value™ of ¥8.21 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,845 Hardware companies, Guangdong Mingzhu Group Co ranks better than 79.51% 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).
Guangdong Mingzhu Group Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥2.89.
The historical rank and industry rank for Guangdong Mingzhu Group Co's Net Current Asset Value or its related term are showing as below:
SHSE:600382'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.56 Med: 1.9 Max: 6.12
Current: 1.99
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Guangdong Mingzhu Group Co was 6.12. The lowest was 0.56. And the median was 1.90.
SHSE:600382's Price-to-Net-Current-Asset-Value is ranked better than 79.51% of 1845
companies
in the Hardware industry
Industry Median: 5.02
vs SHSE:600382: 1.99
Guangdong Mingzhu Group Co (SHSE:600382) 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.
Guangdong Mingzhu Group Co Net Current Asset Value Related Terms
Guangdong Mingzhu 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.
Guangdong Mingzhu Group Co Net Current Asset Value Chart
SHSE:600382 vs APH, GLW: Net Current Asset Value Comparison
For the Electronic Components subindustry, Guangdong Mingzhu 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.
Guangdong Mingzhu Group Co Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Guangdong Mingzhu Group Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Guangdong Mingzhu Group 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 ¥2.89 mean?
Guangdong Mingzhu Group Co (SHSE:600382) has a Net Current Asset Value of ¥2.89 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 Guangdong Mingzhu Group Co and its competitors. This is 52% above median its historical median of 1.90. Over the past decade, Guangdong Mingzhu Group Co's Net Current Asset Value has ranged from 0.56 to 6.12. According to the industry distribution chart, Guangdong Mingzhu Group Co ranks #378 out of 1845 companies in the Hardware industry, placing it in the top 20.5%.
Is Guangdong Mingzhu Group Co's Net Current Asset Value too high?
Guangdong Mingzhu Group Co's current Net Current Asset Value of ¥2.89 is 52% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 6.12. Based on the distribution chart, Guangdong Mingzhu Group Co ranks #378 out of 1845 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Guangdong Mingzhu Group Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Guangdong Mingzhu Group Co's Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, Guangdong Mingzhu Group Co ranks #378 out of 1845 companies for Net Current Asset Value. This places Guangdong Mingzhu Group Co in the top 21% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.02. Historically, Guangdong Mingzhu Group Co's own Net Current Asset Value has ranged from 0.56 to 6.12 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 Guangdong Mingzhu 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. Guangdong Mingzhu Group Co's current Net Current Asset Value is ¥2.89, which is 52% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Mingzhu Group Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Mingzhu Group Co (SHSE:600382) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.21, compared to a current price of ¥5.74 — trading 30.1% below its estimated fair value. The current Net Current Asset Value is ¥2.89, which is 52% above median its 10-year median of 1.90. Guangdong Mingzhu Group Co's overall GF Score™ is 68/100 with 4 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 Guangdong Mingzhu Group Co (SHSE:600382), the current Net Current Asset Value is ¥2.89 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 Guangdong Mingzhu Group Co (SHSE:600382) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Mingzhu Group Co stock appears to be undervalued.
The current stock price of ¥5.74 is trading 30.1% below its estimated GF Value™ of ¥8.21.
GuruFocus considers Guangdong Mingzhu Group Co to be Possible Value Trap.
Key valuation signals for SHSE:600382:
Net Current Asset Value: ¥2.89 (52% above median its 10-year median of 1.90)
GF Value™: ¥8.21 vs. price of ¥5.74 (30.1% below fair value)
No single metric tells the full story. See the SHSE:600382 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Mingzhu Group Co Ltd manufactures and distributes general machinery, metal products, automobile parts, rubber products and clothing. It also engages in the smelting of non-ferrous metals and ferrous metals.
68GF Score
Get the complete analysis for SHSE:600382
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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