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Hanwei Electronics Group (SZSE:300007) Net Current Asset Value : ¥-0.70 (As of Mar. 2025)


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What is Hanwei Electronics Group 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).

Hanwei Electronics Group's net current asset value per share for the quarter that ended in Mar. 2025 was ¥-0.70.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hanwei Electronics Group was 99.41. The lowest was 49.09. And the median was 55.51.

SZSE:300007's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 4.33
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Hanwei Electronics Group Net Current Asset Value Historical Data

The historical data trend for Hanwei Electronics Group'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.

Hanwei Electronics Group Net Current Asset Value Chart

Hanwei Electronics Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.24 -1.62 0.17 -0.02 -0.78

Hanwei Electronics Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.02 -0.05 -0.17 -0.78 -0.70

Competitive Comparison of Hanwei Electronics Group's Net Current Asset Value

For the Scientific & Technical Instruments subindustry, Hanwei Electronics Group'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.


Hanwei Electronics Group's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hanwei Electronics Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Hanwei Electronics Group's Price-to-Net-Current-Asset-Value falls into.


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Hanwei Electronics Group Net Current Asset Value Calculation

Hanwei Electronics Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2986.346-2906.687-336.168-0)/327.446
=-0.78

Hanwei Electronics Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2815.097-2707.156-335.713-0)/327.446
=-0.70

* 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.


Hanwei Electronics Group  (SZSE:300007) 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.


Hanwei Electronics Group Net Current Asset Value Related Terms

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Hanwei Electronics Group Business Description

Traded in Other Exchanges
N/A
Address
No. 169 Xuesong Road, National High-Tech zone, Zhengzhou, CHN, 450001
Hanwei Electronics Group Corp is engaged in the manufacturing of gas sensors and instruments in China. The product offered by the company includes Gas Alarm, Portable Gas Detector, Fixed Gas Detector, Alcohol Tester, Smoke alarm and others. The products are widely used in petroleum, chemical, metallurgy, environmental protection, mining, electronics, food, medical health, agriculture, gas, municipal engineering, home security and health, public areas, traffic safety management, sewage treatment, biological sciences, aerospace, military, anti-terrorism and other fields. Geographically the activities are carried out through China.
Executives
Shang Zhong Feng Directors, executives
Li Zhi Gang Directors, executives
Yang Chang Zai Director
Zhou Zhen Supervisors
Ren Hong Jun Director
Liu Rui Ling Directors, executives
Zhang Yan Li Supervisors
Zhang Xiao Jun Directors, executives
Li Hang Securities Affairs Representative
Shang Jian Hong Executives
Zhang Xiao Shui Directors, executives
Xiao Feng Directors, executives, securities affairs represen
Jiao Gui Dong Directors, executives
Zhong Chao Director
Jiang Hui Chang Director

Hanwei Electronics Group Headlines

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