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Chison Medical Technologies CoSHSE:688358 -2.94%86 Net Current Asset Value is ¥10.97 as of Mar. 2026, which is 100% below its 10-year median of 3.33. GuruFocus rates SHSE:688358 with a GF Score™ of 86/100 and a GF Value™ of ¥34.24 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 566 Medical Devices & Instruments companies, Chison Medical Technologies Co ranks better than 75.8% 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 Chison Medical Technologies Co's Net Current Asset Value or its related term are showing as below:
SHSE:688358'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.23 Med: 3.33 Max: 7.15
Current: 2.38
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chison Medical Technologies Co was 7.15. The lowest was 2.23. And the median was 3.33.
SHSE:688358's Price-to-Net-Current-Asset-Value is ranked better than 75.8% of 566
companies
in the Medical Devices & Instruments industry
Industry Median: 4.785
vs SHSE:688358: 2.38
Chison Medical Technologies Co (SHSE:688358) 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.
Chison Medical Technologies Co Net Current Asset Value Related Terms
Chison Medical Technologies 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.
Chison Medical Technologies Co Net Current Asset Value Chart
SHSE:688358 vs ABT, SYK, MDT: Net Current Asset Value Comparison
For the Medical Devices subindustry, Chison Medical Technologies 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.
Chison Medical Technologies Co Price-to-Net-Current-Asset-Value vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Chison Medical Technologies Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Chison Medical Technologies 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 ¥10.97 mean?
Chison Medical Technologies Co (SHSE:688358) has a Net Current Asset Value of ¥10.97 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 Chison Medical Technologies Co and its competitors. This is 229% above median its historical median of 3.33. Over the past decade, Chison Medical Technologies Co's Net Current Asset Value has ranged from 2.23 to 7.15. According to the industry distribution chart, Chison Medical Technologies Co ranks #137 out of 566 companies in the Medical Devices & Instruments industry, placing it in the top 24.2%.
Is Chison Medical Technologies Co's Net Current Asset Value too high?
Chison Medical Technologies Co's current Net Current Asset Value of ¥10.97 is 229% above median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 7.15. Based on the distribution chart, Chison Medical Technologies Co ranks #137 out of 566 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Chison Medical Technologies Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chison Medical Technologies Co's Net Current Asset Value compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Chison Medical Technologies Co ranks #137 out of 566 companies for Net Current Asset Value. This places Chison Medical Technologies Co in the top 24% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.79. Historically, Chison Medical Technologies Co's own Net Current Asset Value has ranged from 2.23 to 7.15 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 Medical Devices & Instruments company?
The median Net Current Asset Value among Medical Devices & Instruments companies is 4.79, based on 566 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 Chison Medical Technologies Co and its competitors. For the Medical Devices & Instruments industry, the median Net Current Asset Value is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chison Medical Technologies Co's current Net Current Asset Value is ¥10.97, which is 229% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chison Medical Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Chison Medical Technologies Co (SHSE:688358) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥34.24, compared to a current price of ¥26.11 — trading 23.7% below its estimated fair value. The current Net Current Asset Value is ¥10.97, which is 229% above median its 10-year median of 3.33. Chison Medical Technologies Co's overall GF Score™ is 86/100 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 Chison Medical Technologies Co (SHSE:688358), the current Net Current Asset Value is ¥10.97 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 Chison Medical Technologies Co (SHSE:688358) Overvalued in 2026?
Based on GuruFocus' analysis, Chison Medical Technologies Co stock appears to be undervalued.
The current stock price of ¥26.11 is trading 23.7% below its estimated GF Value™ of ¥34.24.
GuruFocus considers Chison Medical Technologies Co to be Modestly Undervalued.
Key valuation signals for SHSE:688358:
Net Current Asset Value: ¥10.97 (229% above median its 10-year median of 3.33)
GF Value™: ¥34.24 vs. price of ¥26.11 (23.7% below fair value)
No single metric tells the full story. See the SHSE:688358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chison Medical Technologies Co Business Description
Chison Medical Technologies Co Ltd is a manufacturer and seller of ultrasound medical imaging equipment. The company provides ultrasound diagnostic equipment, health equipment, instrumentation, electronic components, electronic products, electronic equipment, trolleys, general equipment and accessories. Its products include Color Doppler, and B/W system.
86GF Score
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