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Anji Foodstuff CoSHSE:603696 +9.99%68 Net Current Asset Value is ¥1.30 as of Mar. 2026, which is 100% below its 10-year median of 8.15. GuruFocus rates SHSE:603696 with a GF Score™ of 68/100 and a GF Value™ of ¥10.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,051 Consumer Packaged Goods companies, Anji Foodstuff Co ranks worse than 80.88% 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).
Anji Foodstuff Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥1.30.
The historical rank and industry rank for Anji Foodstuff Co's Net Current Asset Value or its related term are showing as below:
SHSE:603696'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.17 Med: 8.15 Max: 16.1
Current: 11.85
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Anji Foodstuff Co was 16.10. The lowest was 4.17. And the median was 8.15.
SHSE:603696's Price-to-Net-Current-Asset-Value is ranked worse than 80.88% of 1051
companies
in the Consumer Packaged Goods industry
Industry Median: 4.23
vs SHSE:603696: 11.85
Anji Foodstuff Co (SHSE:603696) 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.
Anji Foodstuff Co Net Current Asset Value Related Terms
Anji Foodstuff Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Anji Foodstuff 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.
SHSE:603696 vs KHC, GIS: Net Current Asset Value Comparison
For the Packaged Foods subindustry, Anji Foodstuff 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.
Anji Foodstuff Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Anji Foodstuff Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Anji Foodstuff 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 ¥1.30 mean?
Anji Foodstuff Co (SHSE:603696) has a Net Current Asset Value of ¥1.30 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 Anji Foodstuff Co and its competitors. This is 84% below median its historical median of 8.15. Over the past decade, Anji Foodstuff Co's Net Current Asset Value has ranged from 4.17 to 16.10. According to the industry distribution chart, Anji Foodstuff Co ranks #850 out of 1051 companies in the Consumer Packaged Goods industry, placing it in the top 80.9%.
Is Anji Foodstuff Co's Net Current Asset Value too high?
Anji Foodstuff Co's current Net Current Asset Value of ¥1.30 is 84% below median its 10-year median of 8.15. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 16.10. Based on the distribution chart, Anji Foodstuff Co ranks #850 out of 1051 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Anji Foodstuff Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anji Foodstuff Co's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Anji Foodstuff Co ranks #850 out of 1051 companies for Net Current Asset Value. This places Anji Foodstuff Co in the lower half of its industry. The industry median Net Current Asset Value is 4.23. Historically, Anji Foodstuff Co's own Net Current Asset Value has ranged from 4.17 to 16.10 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 4.23, based on 1,051 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 Anji Foodstuff Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anji Foodstuff Co's current Net Current Asset Value is ¥1.30, which is 84% below median its own 10-year median of 8.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anji Foodstuff Co stock overvalued right now?
Based on GuruFocus' analysis, Anji Foodstuff Co (SHSE:603696) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.02, compared to a current price of ¥15.41 — trading 53.8% above its estimated fair value. The current Net Current Asset Value is ¥1.30, which is 84% below median its 10-year median of 8.15. Anji Foodstuff Co's overall GF Score™ is 68/100 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 Anji Foodstuff Co (SHSE:603696), the current Net Current Asset Value is ¥1.30 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 Anji Foodstuff Co (SHSE:603696) Overvalued in 2026?
Based on GuruFocus' analysis, Anji Foodstuff Co stock appears to be overvalued.
The current stock price of ¥15.41 is trading 53.8% above its estimated GF Value™ of ¥10.02.
GuruFocus considers Anji Foodstuff Co to be Significantly Overvalued.
Key valuation signals for SHSE:603696:
Net Current Asset Value: ¥1.30 (84% below median its 10-year median of 8.15)
GF Value™: ¥10.02 vs. price of ¥15.41 (53.8% above fair value)
No single metric tells the full story. See the SHSE:603696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anji Foodstuff Co Ltd is engaged in the research and development, production and sales of seasoning. The company has five products namely seasoning powder of mixed flavors, seasoning from natural extracts, herbs and spices, sauce and condensed soup. Its seasoning powder of mixed flavors includes seasoning for spare-rib, concentrated pork stock, beef powder, and other. Its seasonings from natural extracts comprise mushroom extract seasoning, bonito flavor bisque, scallop bisque, and others. The company herbs and spices comprise white pepper powder, five spices powder, and others; sauces include oyster, chili, curry seasoning, spare rib, and other sauces.
68GF Score
Get the complete analysis for SHSE:603696
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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