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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:600872's Price-to-Net-Current-Asset-Value is ranked worse than 61.32% of 1047
companies
in the Consumer Packaged Goods industry
Industry Median: 4.22
vs SHSE:600872: 5.77
Jonjee Hi-Tech Industrial and Commercial Holding Co (SHSE:600872) 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.
Jonjee Hi-Tech Industrial and Commercial Holding Co Net Current Asset Value Related Terms
Jonjee Hi-Tech Industrial and Commercial Holding 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.
Jonjee Hi-Tech Industrial and Commercial Holding Co Net Current Asset Value Chart
Jonjee Hi-Tech Industrial and Commercial Holding Co Annual Data
SHSE:600872 vs KHC, GIS: Net Current Asset Value Comparison
For the Packaged Foods subindustry, Jonjee Hi-Tech Industrial and Commercial Holding 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.
Jonjee Hi-Tech Industrial and Commercial Holding Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods 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 ¥3.14 mean?
Jonjee Hi-Tech Industrial and Commercial Holding Co (SHSE:600872) has a Net Current Asset Value of ¥3.14 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Jonjee Hi-Tech Industrial and Commercial Holding Co and its competitors. According to the industry distribution chart, Jonjee Hi-Tech Industrial and Commercial Holding Co ranks #642 out of 1047 companies in the Consumer Packaged Goods industry, placing it in the top 61.3%.
Is Jonjee Hi-Tech Industrial and Commercial Holding Co's Net Current Asset Value too high?
Jonjee Hi-Tech Industrial and Commercial Holding Co's current Net Current Asset Value is ¥3.14. Based on the distribution chart, Jonjee Hi-Tech Industrial and Commercial Holding Co ranks #642 out of 1047 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Jonjee Hi-Tech Industrial and Commercial Holding Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jonjee Hi-Tech Industrial and Commercial Holding Co's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Jonjee Hi-Tech Industrial and Commercial Holding Co ranks #642 out of 1047 companies for Net Current Asset Value. This places Jonjee Hi-Tech Industrial and Commercial Holding Co in the lower half of its industry. The industry median Net Current Asset Value is 4.22. 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.22, based on 1,047 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 Jonjee Hi-Tech Industrial and Commercial Holding Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jonjee Hi-Tech Industrial and Commercial Holding Co's current Net Current Asset Value is ¥3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jonjee Hi-Tech Industrial and Commercial Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Jonjee Hi-Tech Industrial and Commercial Holding Co (SHSE:600872) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.88, compared to a current price of ¥18.11 — trading 8.9% below its estimated fair value. The current Net Current Asset Value is ¥3.14. Jonjee Hi-Tech Industrial and Commercial Holding Co's overall GF Score™ is 82/100 with 3 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 Jonjee Hi-Tech Industrial and Commercial Holding Co (SHSE:600872), the current Net Current Asset Value is ¥3.14 as of Jun. 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 Jonjee Hi-Tech Industrial and Commercial Holding Co (SHSE:600872) Overvalued in 2026?
Based on GuruFocus' analysis, Jonjee Hi-Tech Industrial and Commercial Holding Co stock appears to be undervalued.
The current stock price of ¥18.11 is trading 8.9% below its estimated GF Value™ of ¥19.88.
GuruFocus considers Jonjee Hi-Tech Industrial and Commercial Holding Co to be Fairly Valued.
Key valuation signals for SHSE:600872:
Net Current Asset Value: ¥3.14
GF Value™: ¥19.88 vs. price of ¥18.11 (8.9% below fair value)
No single metric tells the full story. See the SHSE:600872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jonjee Hi-Tech Industrial and Commercial Holding Co Ltd operates in various businesses which include real estate property development, Seasoning food, industrial park development management and auto parts. The company operates under two major brands which is Chubang and Meimeixian. The company offers products such as soy sauce, chicken powder fine, oyster sauce, sauces , Cooking wine, vinegar, edible oil, fermented bean curd, monosodium glutamate, juice, hot pot base.
82GF Score
Get the complete analysis for SHSE:600872
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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