What is Threes Company Media Group Co Net Current Asset Value?
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).
Threes Company Media Group Co's net current asset value per share for the quarter that ended in Mar. 2024 was ¥8.12.
The historical rank and industry rank for Threes Company Media Group Co's Net Current Asset Value or its related term are showing as below:
SHSE:605168'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.45 Med: 8.26 Max: 14.53
Current: 3.45
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Threes Company Media Group Co was 14.53. The lowest was 3.45. And the median was 8.26.
SHSE:605168's Price-to-Net-Current-Asset-Value is ranked worse than 51.41% of 531
companies
in the Media - Diversified industry
Industry Median: 3.24
vs SHSE:605168: 3.45
Threes Company Media Group 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.
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Threes Company Media Group Co Net Current Asset Value Chart
Competitive Comparison of Threes Company Media Group Co's Net Current Asset Value
For the Advertising Agencies subindustry, Threes Company Media Group 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.
Threes Company Media Group Co's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Threes Company Media Group Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Threes Company Media Group Co's Price-to-Net-Current-Asset-Value falls into.
Threes Company Media Group Co Net Current Asset Value Calculation
Threes Company Media Group Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Threes Company Media Group Co (SHSE:605168) 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.
Threes Company Media Group Co Net Current Asset Value Related Terms
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Threes Company Media Group Co (SHSE:605168) Business Description
Threes Company Media Group Co Ltd is a one-stop campus integrated marketing and professional digital marketing service provider. The company is engaged in digital marketing services, scene activity services and campus media marketing services. Its services include campus integration marketing, public relations event planning, and case-based digital marketing. System, service content covers campus marketing and promotion, campus event planning, brand strategy, Internet communication strategy, media strategy, creative services, technical services, media procurement, social marketing and many other aspects.
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