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Hunan New Wellful CoSHSE:600975 -0.20%21 Net Current Asset Value is ¥-4.76 as of Mar. 2026. GuruFocus rates SHSE:600975 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 1,052 Consumer Packaged Goods companies, Hunan New Wellful Co ranks worse than 95056.94% 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).
Hunan New Wellful Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥-4.76.
The historical rank and industry rank for Hunan New Wellful Co's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hunan New Wellful Co was 18.21. The lowest was 5.63. And the median was 11.37.
SHSE:600975's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.16 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Hunan New Wellful Co (SHSE:600975) 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.
Hunan New Wellful Co Net Current Asset Value Related Terms
Hunan New Wellful Co Net Current Asset Value Historical Data
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The historical data trend for Hunan New Wellful 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.
Hunan New Wellful Co Net Current Asset Value Chart
SHSE:600975 vs ADM, BG, TSN: Net Current Asset Value Comparison
For the Farm Products subindustry, Hunan New Wellful 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.
Hunan New Wellful Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hunan New Wellful Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Hunan New Wellful 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 ¥-4.76 mean?
Hunan New Wellful Co (SHSE:600975) has a Net Current Asset Value of ¥-4.76 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 Hunan New Wellful Co and its competitors. Over the past decade, Hunan New Wellful Co's Net Current Asset Value has ranged from 5.63 to 18.21. According to the industry distribution chart, Hunan New Wellful Co ranks #999999 out of 1052 companies in the Consumer Packaged Goods industry.
Is Hunan New Wellful Co's Net Current Asset Value too high?
Hunan New Wellful Co's current Net Current Asset Value is ¥-4.76. Over the past 10 years, this metric has ranged from a low of 5.63 to a high of 18.21. Based on the distribution chart, Hunan New Wellful Co ranks #999999 out of 1052 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hunan New Wellful Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hunan New Wellful Co's Net Current Asset Value compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Hunan New Wellful Co ranks #999999 out of 1052 companies for Net Current Asset Value. This places Hunan New Wellful Co in the lower half of its industry. The industry median Net Current Asset Value is 4.16. Historically, Hunan New Wellful Co's own Net Current Asset Value has ranged from 5.63 to 18.21 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.16, based on 1,052 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 Hunan New Wellful Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan New Wellful Co's current Net Current Asset Value is ¥-4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan New Wellful Co stock overvalued right now?
Hunan New Wellful Co (SHSE:600975) has a current Net Current Asset Value of ¥-4.76. The current Net Current Asset Value is ¥-4.76. Hunan New Wellful Co's overall GF Score™ is 21/100 with 5 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 Hunan New Wellful Co (SHSE:600975), the current Net Current Asset Value is ¥-4.76 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.
Hunan New Wellful Co Ltd is engaged in the breeding and distribution of pigs (Liuyanghe, Xiangbao, Chenfeng and other brands) in China. The company also processes and markets feedstuffs.
21GF Score
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