HNA Technology Co (SHSE:600751) Net Current Asset Value: ¥0.57 (As of Mar. 2026) — 77% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:600751 HNA Technology Co Ltd SHSE:600751
46 GF Score
Price ¥2.79
GF Value ¥5.66
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is HNA Technology Co Net Current Asset Value?

HNA Technology Co SHSE:600751 +1.82% 46 Net Current Asset Value is ¥0.57 as of Mar. 2026, which is 100% below its 10-year median of 2.47. GuruFocus rates SHSE:600751 with a GF Score™ of 46/100 and a GF Value™ of ¥5.66 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 359 Transportation companies, HNA Technology Co ranks worse than 56.55% 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).

HNA Technology Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥0.57.

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

SHSE:600751' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.55   Med: 2.47   Max: 6.93
Current: 4.89

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of HNA Technology Co was 6.93. The lowest was 1.55. And the median was 2.47.

SHSE:600751's Price-to-Net-Current-Asset-Value is ranked worse than
56.55% of 359 companies
in the Transportation industry
Industry Median: 3.99 vs SHSE:600751: 4.89

HNA Technology Co  (SHSE:600751) 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.


HNA Technology Co Net Current Asset Value Related Terms


HNA Technology Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for HNA Technology 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.

HNA Technology Co Net Current Asset Value Chart

HNA Technology 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 1.55 1.01 1.06 1.10 0.86

HNA Technology 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 0.96 0.80 0.86 0.57

HNA Technology Co Net Current Asset Value Competitor Comparison

For the Marine Shipping subindustry, HNA 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.


HNA Technology Co Price-to-Net-Current-Asset-Value vs Transportation Industry

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

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


SHSE:600751
46GF Score
HNA Technology Co Ltd SHSE:600751
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HNA Technology Co Net Current Asset Value Calculation

HNA Technology 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)
=(4137.076-1634.648--0.139-0)/2899.338
=0.86

HNA Technology 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)
=(4104.635-2453.013--0.139-0)/2899.338
=0.57

* 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 ¥0.57 mean?
HNA Technology Co (SHSE:600751) has a Net Current Asset Value of ¥0.57 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 HNA Technology Co and its competitors. This is 77% below median its historical median of 2.47. Over the past decade, HNA Technology Co's Net Current Asset Value has ranged from 1.55 to 6.93. According to the industry distribution chart, HNA Technology Co ranks #203 out of 359 companies in the Transportation industry, placing it in the top 56.5%.
Is HNA Technology Co's Net Current Asset Value too high?
HNA Technology Co's current Net Current Asset Value of ¥0.57 is 77% below median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 6.93. Based on the distribution chart, HNA Technology Co ranks #203 out of 359 companies in the Transportation industry, which is below the industry midpoint. Overall, HNA Technology Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HNA Technology Co's Net Current Asset Value compare to competitors?
According to the Transportation industry distribution chart, HNA Technology Co ranks #203 out of 359 companies for Net Current Asset Value. This places HNA Technology Co in the lower half of its industry. The industry median Net Current Asset Value is 3.99. Historically, HNA Technology Co's own Net Current Asset Value has ranged from 1.55 to 6.93 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 3.99, based on 359 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 HNA Technology Co and its competitors. For the Transportation industry, the median Net Current Asset Value is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HNA Technology Co's current Net Current Asset Value is ¥0.57, which is 77% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HNA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, HNA Technology Co (SHSE:600751) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.66, compared to a current price of ¥2.79 — trading 50.7% below its estimated fair value. The current Net Current Asset Value is ¥0.57, which is 77% below median its 10-year median of 2.47. HNA Technology Co's overall GF Score™ is 46/100 with 7 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 HNA Technology Co (SHSE:600751), the current Net Current Asset Value is ¥0.57 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 HNA Technology Co (SHSE:600751) Overvalued in 2026?

Based on GuruFocus' analysis, HNA Technology Co stock appears to be undervalued. The current stock price of ¥2.79 is trading 50.7% below its estimated GF Value™ of ¥5.66. GuruFocus considers HNA Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:600751:

  • Net Current Asset Value: ¥0.57 (77% below median its 10-year median of 2.47)
  • GF Value™: ¥5.66 vs. price of ¥2.79 (50.7% below fair value)
  • GF Score™: 46/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HNA Technology Co Business Description

Other Exchanges 900938:China
Address No. 188 Jinmen Avenue, Tianjin Free Trade Zone, Tianjin, Tianjin, CHN, 300204
HNA Technology Co Ltd is a China-based company, the company and its subsidiary's main business activities are: shipping business, and commodity trading business, and the majority of the revenues are generated from the same business line.
46GF Score

Get the complete analysis for SHSE:600751

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

¥2.79
Price
¥5.66
GF Value