What is Earth-Panda Advanced Magnetic Material 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).
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Earth-Panda Advanced Magnetic Material Co was 504.00. The lowest was 6.24. And the median was 15.75.
SHSE:688077's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 4.06 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Earth-Panda Advanced Magnetic Material 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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Earth-Panda Advanced Magnetic Material Co Net Current Asset Value Chart
Earth-Panda Advanced Magnetic Material Co Annual Data
Competitive Comparison of Earth-Panda Advanced Magnetic Material Co's Net Current Asset Value
For the Electrical Equipment & Parts subindustry, Earth-Panda Advanced Magnetic Material 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.
Earth-Panda Advanced Magnetic Material Co's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Earth-Panda Advanced Magnetic Material Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Earth-Panda Advanced Magnetic Material Co's Price-to-Net-Current-Asset-Value falls into.
Earth-Panda Advanced Magnetic Material Co Net Current Asset Value Calculation
* 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.
Earth-Panda Advanced Magnetic Material Co (SHSE:688077) 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.
Earth-Panda Advanced Magnetic Material Co Net Current Asset Value Related Terms
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Earth-Panda Advanced Magnetic Material Co Business Description
Earth-Panda Advanced Magnetic Material Co Ltd is engaged in production and sales of sintered NdFeB permanent magnet materials. Its products are sintered NdFeb magnet, bonded NdFeb magnet, rubber magnet, samarium cobalt magnet. Its products are used in various applications such as information, national defense, automobiles, wind power, various types of motors, instruments, medical equipments, magnetic machinery and various other fields.
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