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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).
Dalian Zhiyun Automation Co's net current asset value per share for the quarter that ended in Jun. 2026 was ¥-0.11.
The historical rank and industry rank for Dalian Zhiyun Automation Co'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 Dalian Zhiyun Automation Co was 34.86. The lowest was 4.13. And the median was 9.37.
SZSE:300097's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.29 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Dalian Zhiyun Automation Co (SZSE:300097) 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.
Dalian Zhiyun Automation Co Net Current Asset Value Related Terms
Dalian Zhiyun Automation 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.
Dalian Zhiyun Automation Co Net Current Asset Value Chart
SZSE:300097 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Dalian Zhiyun Automation 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.
Dalian Zhiyun Automation Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dalian Zhiyun Automation Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Dalian Zhiyun Automation 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 ¥-0.11 mean?
Dalian Zhiyun Automation Co (SZSE:300097) has a Net Current Asset Value of ¥-0.11 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 Dalian Zhiyun Automation Co and its competitors. According to the industry distribution chart, Dalian Zhiyun Automation Co ranks #999999 out of 2229 companies in the Industrial Products industry.
Is Dalian Zhiyun Automation Co's Net Current Asset Value too high?
Dalian Zhiyun Automation Co's current Net Current Asset Value is ¥-0.11. Based on the distribution chart, Dalian Zhiyun Automation Co ranks #999999 out of 2229 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Dalian Zhiyun Automation Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dalian Zhiyun Automation Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Dalian Zhiyun Automation Co ranks #999999 out of 2229 companies for Net Current Asset Value. This places Dalian Zhiyun Automation Co in the lower half of its industry. The industry median Net Current Asset Value is 5.29. 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.29, based on 2,229 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 Dalian Zhiyun Automation Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalian Zhiyun Automation Co's current Net Current Asset Value is ¥-0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalian Zhiyun Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Dalian Zhiyun Automation Co (SZSE:300097) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.55, compared to a current price of ¥11.03 — trading 332.5% above its estimated fair value. The current Net Current Asset Value is ¥-0.11. Dalian Zhiyun Automation Co's overall GF Score™ is 34/100 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 Dalian Zhiyun Automation Co (SZSE:300097), the current Net Current Asset Value is ¥-0.11 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 Dalian Zhiyun Automation Co (SZSE:300097) Overvalued in 2026?
Based on GuruFocus' analysis, Dalian Zhiyun Automation Co stock appears to be overvalued.
The current stock price of ¥11.03 is trading 332.5% above its estimated GF Value™ of ¥2.55.
GuruFocus considers Dalian Zhiyun Automation Co to be Significantly Overvalued.
Key valuation signals for SZSE:300097:
Net Current Asset Value: ¥-0.11
GF Value™: ¥2.55 vs. price of ¥11.03 (332.5% above fair value)
No single metric tells the full story. See the SZSE:300097 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dalian Zhiyun Automation Co Ltd is a Chinese company that designs and manufactures automation equipment and production systems for industrial manufacturing. Its product portfolio includes automated assembly lines, testing machines, conveying systems, and specialized machinery used in filter production and other manufacturing processes. The company serves manufacturers seeking to automate and streamline their production operations, with customers primarily in the automotive components, electronics, and general industrial sectors. Its offerings span standalone automation machines as well as integrated production line solutions. Revenue is generated through the sale of automation equipment and related systems, often on a project basis tailored to individual customer requirements. The company is based in Dalian, China, and focuses mainly on the domestic Chinese market, where demand for factory automation has grown alongside the country's manufacturing sector.
34GF Score
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