Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Net Current Asset Value: ¥3.55 (As of Mar. 2026) — 18% Above Median

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SHSE:600573 Fujian Yanjing Huiquan Brewery Co Ltd SHSE:600573
64 GF Score
Price ¥9.71
GF Value ¥11.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fujian Yanjing Huiquan Brewery Co Net Current Asset Value?

Fujian Yanjing Huiquan Brewery Co SHSE:600573 +0.10% 64 Net Current Asset Value is ¥3.55 as of Mar. 2026, which is 100% below its 10-year median of 3.01. GuruFocus rates SHSE:600573 with a GF Score™ of 64/100 and a GF Value™ of ¥11.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 118 Beverages - Alcoholic companies, Fujian Yanjing Huiquan Brewery Co ranks better than 70.34% 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).

Fujian Yanjing Huiquan Brewery Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥3.55.

The historical rank and industry rank for Fujian Yanjing Huiquan Brewery Co's Net Current Asset Value or its related term are showing as below:

SHSE:600573' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.28   Med: 3.01   Max: 7.3
Current: 2.74

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fujian Yanjing Huiquan Brewery Co was 7.30. The lowest was 2.28. And the median was 3.01.

SHSE:600573's Price-to-Net-Current-Asset-Value is ranked better than
70.34% of 118 companies
in the Beverages - Alcoholic industry
Industry Median: 5.495 vs SHSE:600573: 2.74

Fujian Yanjing Huiquan Brewery Co  (SHSE:600573) 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.


Fujian Yanjing Huiquan Brewery Co Net Current Asset Value Related Terms


Fujian Yanjing Huiquan Brewery Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery Co Net Current Asset Value Chart

Fujian Yanjing Huiquan Brewery 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 3.18 3.41 3.63 3.88 3.49

Fujian Yanjing Huiquan Brewery 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 3.92 4.07 4.24 3.49 3.55

SHSE:600573 vs STZ, TAP: Net Current Asset Value Comparison

For the Beverages - Brewers subindustry, Fujian Yanjing Huiquan Brewery 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.


Fujian Yanjing Huiquan Brewery Co Price-to-Net-Current-Asset-Value vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fujian Yanjing Huiquan Brewery Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Fujian Yanjing Huiquan Brewery Co's Price-to-Net-Current-Asset-Value falls into.


SHSE:600573
64GF Score
Fujian Yanjing Huiquan Brewery Co Ltd SHSE:600573
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Yanjing Huiquan Brewery Co Net Current Asset Value Calculation

Fujian Yanjing Huiquan Brewery 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)
=(1261.831-379.111-9.599-0)/250.000
=3.49

Fujian Yanjing Huiquan Brewery 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)
=(1243.61-346.815-9.401-0)/250.000
=3.55

* 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 ¥3.55 mean?
Fujian Yanjing Huiquan Brewery Co (SHSE:600573) has a Net Current Asset Value of ¥3.55 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 Fujian Yanjing Huiquan Brewery Co and its competitors. This is 18% above median its historical median of 3.01. Over the past decade, Fujian Yanjing Huiquan Brewery Co's Net Current Asset Value has ranged from 2.28 to 7.30. According to the industry distribution chart, Fujian Yanjing Huiquan Brewery Co ranks #35 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 29.7%.
Is Fujian Yanjing Huiquan Brewery Co's Net Current Asset Value too high?
Fujian Yanjing Huiquan Brewery Co's current Net Current Asset Value of ¥3.55 is 18% above median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 7.30. Based on the distribution chart, Fujian Yanjing Huiquan Brewery Co ranks #35 out of 118 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Fujian Yanjing Huiquan Brewery Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Yanjing Huiquan Brewery Co's Net Current Asset Value compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Fujian Yanjing Huiquan Brewery Co ranks #35 out of 118 companies for Net Current Asset Value. This puts Fujian Yanjing Huiquan Brewery Co in the upper half of its industry. The industry median Net Current Asset Value is 5.50. Historically, Fujian Yanjing Huiquan Brewery Co's own Net Current Asset Value has ranged from 2.28 to 7.30 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 Beverages - Alcoholic company?
The median Net Current Asset Value among Beverages - Alcoholic companies is 5.50, based on 118 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 Fujian Yanjing Huiquan Brewery Co and its competitors. For the Beverages - Alcoholic industry, the median Net Current Asset Value is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Yanjing Huiquan Brewery Co's current Net Current Asset Value is ¥3.55, which is 18% above median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Yanjing Huiquan Brewery Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Yanjing Huiquan Brewery Co (SHSE:600573) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.42, compared to a current price of ¥9.71 — trading 15% below its estimated fair value. The current Net Current Asset Value is ¥3.55, which is 18% above median its 10-year median of 3.01. Fujian Yanjing Huiquan Brewery Co's overall GF Score™ is 64/100 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 Fujian Yanjing Huiquan Brewery Co (SHSE:600573), the current Net Current Asset Value is ¥3.55 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 Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Yanjing Huiquan Brewery Co stock appears to be undervalued. The current stock price of ¥9.71 is trading 15% below its estimated GF Value™ of ¥11.42. GuruFocus considers Fujian Yanjing Huiquan Brewery Co to be Modestly Undervalued.

Key valuation signals for SHSE:600573:

  • Net Current Asset Value: ¥3.55 (18% above median its 10-year median of 3.01)
  • GF Value™: ¥11.42 vs. price of ¥9.71 (15% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600573 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Yanjing Huiquan Brewery Co Business Description

Address No. 1999, Huiquan North Road, Luocheng Town, Hui'an County, Fujian Province, Quanzhou, CHN, 362100
Fujian Yanjing Huiquan Brewery Co Ltd manufactures beer. The company has three facilities for the production of beer. The product portfolio includes - Huiquan Yimai beer, Huiquan small fresh beer, Huiquan pure draft beer, Huiquan European knight beer, and Huiquan bottled canned beer.
64GF Score

Get the complete analysis for SHSE:600573

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

¥9.71
Price
¥11.42
GF Value