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Sichuan Huati Lighting Technology CoSHSE:603679 -0.27%59 Net Current Asset Value is ¥2.04 as of Mar. 2026, which is 100% below its 10-year median of 7.62. GuruFocus rates SHSE:603679 with a GF Score™ of 59/100 and a GF Value™ of ¥15.38 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,214 Industrial Products companies, Sichuan Huati Lighting Technology Co ranks worse than 73.8% 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).
The historical rank and industry rank for Sichuan Huati Lighting Technology Co's Net Current Asset Value or its related term are showing as below:
SHSE:603679'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.95 Med: 7.62 Max: 18.04
Current: 11.06
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sichuan Huati Lighting Technology Co was 18.04. The lowest was 4.95. And the median was 7.62.
SHSE:603679's Price-to-Net-Current-Asset-Value is ranked worse than 73.8% of 2214
companies
in the Industrial Products industry
Industry Median: 5.155
vs SHSE:603679: 11.06
Sichuan Huati Lighting Technology Co (SHSE:603679) 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.
Sichuan Huati Lighting Technology Co Net Current Asset Value Related Terms
Sichuan Huati Lighting Technology 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.
Sichuan Huati Lighting Technology Co Net Current Asset Value Chart
SHSE:603679 vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Sichuan Huati Lighting 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.
Sichuan Huati Lighting Technology Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sichuan Huati Lighting Technology Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Sichuan Huati Lighting Technology 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 ¥2.04 mean?
Sichuan Huati Lighting Technology Co (SHSE:603679) has a Net Current Asset Value of ¥2.04 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 Sichuan Huati Lighting Technology Co and its competitors. This is 73% below median its historical median of 7.62. Over the past decade, Sichuan Huati Lighting Technology Co's Net Current Asset Value has ranged from 4.95 to 18.04. According to the industry distribution chart, Sichuan Huati Lighting Technology Co ranks #1634 out of 2214 companies in the Industrial Products industry, placing it in the top 73.8%.
Is Sichuan Huati Lighting Technology Co's Net Current Asset Value too high?
Sichuan Huati Lighting Technology Co's current Net Current Asset Value of ¥2.04 is 73% below median its 10-year median of 7.62. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 18.04. Based on the distribution chart, Sichuan Huati Lighting Technology Co ranks #1634 out of 2214 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sichuan Huati Lighting Technology Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Huati Lighting Technology Co's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sichuan Huati Lighting Technology Co ranks #1634 out of 2214 companies for Net Current Asset Value. This places Sichuan Huati Lighting Technology Co in the lower half of its industry. The industry median Net Current Asset Value is 5.16. Historically, Sichuan Huati Lighting Technology Co's own Net Current Asset Value has ranged from 4.95 to 18.04 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.16, based on 2,214 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 Sichuan Huati Lighting Technology Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Huati Lighting Technology Co's current Net Current Asset Value is ¥2.04, which is 73% below median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Huati Lighting Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Huati Lighting Technology Co (SHSE:603679) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.38, compared to a current price of ¥22.57 — trading 46.7% above its estimated fair value. The current Net Current Asset Value is ¥2.04, which is 73% below median its 10-year median of 7.62. Sichuan Huati Lighting Technology Co's overall GF Score™ is 59/100 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 Sichuan Huati Lighting Technology Co (SHSE:603679), the current Net Current Asset Value is ¥2.04 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 Sichuan Huati Lighting Technology Co (SHSE:603679) Overvalued in 2026?
Based on GuruFocus' analysis, Sichuan Huati Lighting Technology Co stock appears to be overvalued.
The current stock price of ¥22.57 is trading 46.7% above its estimated GF Value™ of ¥15.38.
GuruFocus considers Sichuan Huati Lighting Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603679:
Net Current Asset Value: ¥2.04 (73% below median its 10-year median of 7.62)
GF Value™: ¥15.38 vs. price of ¥22.57 (46.7% above fair value)
No single metric tells the full story. See the SHSE:603679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sichuan Huati Lighting Technology Co Ltd is an integrated urban lighting service provider, focusing on program planning and design, product development and manufacturing, and industrial lighting. Its products include multi-function poles, demo product, flood projection lights, light-emitting diode (LED) parking light fixture, LED street light fixtures, shoebox light fixture, smart bus station, smart street lighting, the 3rd generation lighting module, and tunnel lights.
59GF Score
Get the complete analysis for SHSE:603679
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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