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Gstarsoft Co (SHSE:688657) Net Current Asset Value : ¥20.61 (As of Mar. 2024)


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What is Gstarsoft 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).

Gstarsoft Co's net current asset value per share for the quarter that ended in Mar. 2024 was ¥20.61.

The historical rank and industry rank for Gstarsoft Co's Net Current Asset Value or its related term are showing as below:

SHSE:688657' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.91   Med: 2.47   Max: 2.75
Current: 1.91

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gstarsoft Co was 2.75. The lowest was 1.91. And the median was 2.47.

SHSE:688657's Price-to-Net-Current-Asset-Value is ranked better than
87.32% of 1688 companies
in the Software industry
Industry Median: 5.25 vs SHSE:688657: 1.91

Gstarsoft Co Net Current Asset Value Historical Data

The historical data trend for Gstarsoft 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.

* Premium members only.

Gstarsoft Co Net Current Asset Value Chart

Gstarsoft Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 1.31 2.02 3.54 4.96 20.50

Gstarsoft Co Quarterly Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.98 20.28 20.50 20.61

Competitive Comparison of Gstarsoft Co's Net Current Asset Value

For the Software - Application subindustry, Gstarsoft 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.


Gstarsoft Co's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Gstarsoft Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Gstarsoft Co's Price-to-Net-Current-Asset-Value falls into.



Gstarsoft Co Net Current Asset Value Calculation

Gstarsoft Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1428.568-85.724-0-0)/65.5143
=20.50

Gstarsoft Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1405.061-55.079-0-0)/65.5143
=20.61

* 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.


Gstarsoft Co  (SHSE:688657) 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 Graham’s 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.


Gstarsoft Co Net Current Asset Value Related Terms

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Gstarsoft Co (SHSE:688657) Business Description

Traded in Other Exchanges
N/A
Address
No. 286, Dongping Street, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123
Gstarsoft Co Ltd Is engaged in research & development, promotion and sales of CAD-related software. It provides users with Haochen CAD, Haochen 3D, Products such as Haochen CAD Viewer and related services surrounding the aforementioned products.
Executives
Lu Xiang Directors, senior managers, core technical personn
Li Zhang Chun Core technical personnel
Wang Wei Core technical personnel
Li Ming Jin Core technical personnel
Wu Hai Long Core technical personnel
Liang Jiang Directors, senior managers, core technical personn
Yu Huai Gu senior management
Deng Li Qun Senior management, core technical personnel
Huang Mei Yu senior management
Ding Guo Yun senior management
Liang Hai Xia senior management
Hu Li Xin Director
Pan Li Directors, senior managers, core technical personn

Gstarsoft Co (SHSE:688657) Headlines

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