Guangdong Shirongzhaoye Co (SZSE:002016) Net Current Asset Value: ¥1.58 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SZSE:002016 Guangdong Shirongzhaoye Co Ltd SZSE:002016
67 GF Score
Price ¥4.73
GF Value ¥6.10
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Guangdong Shirongzhaoye Co Net Current Asset Value?

Guangdong Shirongzhaoye Co SZSE:002016 -0.42% 67 Net Current Asset Value is ¥1.58 as of Jun. 2026. GuruFocus rates SZSE:002016 with a GF Score™ of 67/100 and a GF Value™ of ¥6.10 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 761 Real Estate companies, Guangdong Shirongzhaoye Co ranks worse than 61.1% 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).

Guangdong Shirongzhaoye Co's net current asset value per share for the quarter that ended in Jun. 2026 was ¥1.58.

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

SZSE:002016' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.24   Med: 2.52   Max: 9.85
Current: 2.99

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Guangdong Shirongzhaoye Co was 9.85. The lowest was 1.24. And the median was 2.52.

SZSE:002016's Price-to-Net-Current-Asset-Value is ranked worse than
61.1% of 761 companies
in the Real Estate industry
Industry Median: 2.2 vs SZSE:002016: 2.99

Guangdong Shirongzhaoye Co  (SZSE:002016) 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.


Guangdong Shirongzhaoye Co Net Current Asset Value Related Terms


Guangdong Shirongzhaoye Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Guangdong Shirongzhaoye 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.

Guangdong Shirongzhaoye Co Net Current Asset Value Chart

Guangdong Shirongzhaoye Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.55 4.03 3.57 2.32 1.71

Guangdong Shirongzhaoye Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.37 2.41 1.71 1.66 1.58

Guangdong Shirongzhaoye Co Net Current Asset Value Competitor Comparison

For the Real Estate - Development subindustry, Guangdong Shirongzhaoye 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.


Guangdong Shirongzhaoye Co Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Guangdong Shirongzhaoye Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


SZSE:002016
67GF Score
Guangdong Shirongzhaoye Co Ltd SZSE:002016
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong Shirongzhaoye Co Net Current Asset Value Calculation

Guangdong Shirongzhaoye Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3992.091-2527.487-84.85-0)/809.096
=1.71

Guangdong Shirongzhaoye Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2026 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3982.201-2607.379-97.508-0)/809.096
=1.58

* 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 ¥1.58 mean?
Guangdong Shirongzhaoye Co (SZSE:002016) has a Net Current Asset Value of ¥1.58 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Guangdong Shirongzhaoye Co and its competitors. According to the industry distribution chart, Guangdong Shirongzhaoye Co ranks #465 out of 761 companies in the Real Estate industry, placing it in the top 61.1%.
Is Guangdong Shirongzhaoye Co's Net Current Asset Value too high?
Guangdong Shirongzhaoye Co's current Net Current Asset Value is ¥1.58. Based on the distribution chart, Guangdong Shirongzhaoye Co ranks #465 out of 761 companies in the Real Estate industry, which is below the industry midpoint. Overall, Guangdong Shirongzhaoye Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Shirongzhaoye Co's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, Guangdong Shirongzhaoye Co ranks #465 out of 761 companies for Net Current Asset Value. This places Guangdong Shirongzhaoye Co in the lower half of its industry. The industry median Net Current Asset Value is 2.20. 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.20, based on 761 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 Guangdong Shirongzhaoye Co and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Shirongzhaoye Co's current Net Current Asset Value is ¥1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Shirongzhaoye Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Shirongzhaoye Co (SZSE:002016) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.10, compared to a current price of ¥4.73 — trading 22.5% below its estimated fair value. The current Net Current Asset Value is ¥1.58. Guangdong Shirongzhaoye Co's overall GF Score™ is 67/100 with 7 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 Guangdong Shirongzhaoye Co (SZSE:002016), the current Net Current Asset Value is ¥1.58 as of Jun. 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 Guangdong Shirongzhaoye Co (SZSE:002016) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Shirongzhaoye Co stock appears to be undervalued. The current stock price of ¥4.73 is trading 22.5% below its estimated GF Value™ of ¥6.10. GuruFocus considers Guangdong Shirongzhaoye Co to be Modestly Undervalued.

Key valuation signals for SZSE:002016:

  • Net Current Asset Value: ¥1.58
  • GF Value™: ¥6.10 vs. price of ¥4.73 (22.5% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the SZSE:002016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Shirongzhaoye Co Business Description

Address No. 288, Zhufeng Avenue, Building 17, 1st Floor, Jingan Town, Doumen District, Guangdong, Zhuhai, CHN, 519030
Guangdong Shirongzhaoye Co Ltd is a real estate developer in China. It is mainly engaged in developing community and waterfront villa projects.
67GF Score

Get the complete analysis for SZSE:002016

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.73
Price
¥6.10
GF Value