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Shaanxi Tourism Culture Industry Holding CoSHSE:603402 -2.29%50 Net Current Asset Value is ¥18.41 as of Jun. 2026, which is 100% below its 10-year median of 4.25. GuruFocus rates SHSE:603402 with a GF Score™ of 50/100. The stock has 1 warning sign investors should review. Among 316 Travel & Leisure companies, Shaanxi Tourism Culture Industry Holding Co ranks better than 57.91% 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).
SHSE:603402'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.21 Med: 4.25 Max: 5.29
Current: 3.3
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shaanxi Tourism Culture Industry Holding Co was 5.29. The lowest was 3.21. And the median was 4.25.
SHSE:603402's Price-to-Net-Current-Asset-Value is ranked better than 57.91% of 316
companies
in the Travel & Leisure industry
Industry Median: 4.165
vs SHSE:603402: 3.30
Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) 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.
Shaanxi Tourism Culture Industry Holding Co Net Current Asset Value Related Terms
Shaanxi Tourism Culture Industry 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.
Shaanxi Tourism Culture Industry Holding Co Net Current Asset Value Chart
Shaanxi Tourism Culture Industry Holding Co Annual Data
SHSE:603402 vs AS, HAS, LTH: Net Current Asset Value Comparison
For the Leisure subindustry, Shaanxi Tourism Culture Industry 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.
Shaanxi Tourism Culture Industry Holding Co Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Shaanxi Tourism Culture Industry Holding Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Shaanxi Tourism Culture Industry Holding 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 ¥18.41 mean?
Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) has a Net Current Asset Value of ¥18.41 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 Shaanxi Tourism Culture Industry Holding Co and its competitors. This is 333% above median its historical median of 4.25. Over the past decade, Shaanxi Tourism Culture Industry Holding Co's Net Current Asset Value has ranged from 3.21 to 5.29. According to the industry distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #133 out of 316 companies in the Travel & Leisure industry, placing it in the top 42.1%.
Is Shaanxi Tourism Culture Industry Holding Co's Net Current Asset Value too high?
Shaanxi Tourism Culture Industry Holding Co's current Net Current Asset Value of ¥18.41 is 333% above median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 5.29. Based on the distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #133 out of 316 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Shaanxi Tourism Culture Industry Holding Co has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Tourism Culture Industry Holding Co's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #133 out of 316 companies for Net Current Asset Value. This puts Shaanxi Tourism Culture Industry Holding Co in the upper half of its industry. The industry median Net Current Asset Value is 4.17. Historically, Shaanxi Tourism Culture Industry Holding Co's own Net Current Asset Value has ranged from 3.21 to 5.29 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.17, based on 316 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 Shaanxi Tourism Culture Industry Holding Co and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Tourism Culture Industry Holding Co's current Net Current Asset Value is ¥18.41, which is 333% above median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Tourism Culture Industry Holding Co stock overvalued right now?
Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) has a current Net Current Asset Value of ¥18.41. The current Net Current Asset Value is ¥18.41, which is 333% above median its 10-year median of 4.25. Shaanxi Tourism Culture Industry Holding Co's overall GF Score™ is 50/100 with 1 warning sign 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 Shaanxi Tourism Culture Industry Holding Co (SHSE:603402), the current Net Current Asset Value is ¥18.41 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.
Shaanxi Tourism Culture Industry Holding Co Ltd operates in the tourism sector, with activities spanning performing arts, ropeway operations, catering services, and tourism project investment and management. Its business scope includes investing in and managing its own enterprises, managing cultural performing arts and catering operations, and operating ropeways and slipways.
50GF Score
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