GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fujian Yongfu Power Engineering Co Ltd (SZSE:300712) » Definitions » Net Current Asset Value

Fujian Yongfu Power Engineering Co (SZSE:300712) Net Current Asset Value : ¥0.69 (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Fujian Yongfu Power Engineering 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).

Fujian Yongfu Power Engineering Co's net current asset value per share for the quarter that ended in Mar. 2025 was ¥0.69.

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

SZSE:300712' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3   Med: 13.38   Max: 34.99
Current: 32.68

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fujian Yongfu Power Engineering Co was 34.99. The lowest was 3.00. And the median was 13.38.

SZSE:300712's Price-to-Net-Current-Asset-Value is ranked worse than
93.04% of 1006 companies
in the Construction industry
Industry Median: 3 vs SZSE:300712: 32.68

Fujian Yongfu Power Engineering Co Net Current Asset Value Historical Data

The historical data trend for Fujian Yongfu Power Engineering 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.

Fujian Yongfu Power Engineering Co Net Current Asset Value Chart

Fujian Yongfu Power Engineering Co 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 3.71 2.47 2.27 0.78 0.71

Fujian Yongfu Power Engineering Co 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 0.72 0.97 0.99 0.71 0.69

Competitive Comparison of Fujian Yongfu Power Engineering Co's Net Current Asset Value

For the Engineering & Construction subindustry, Fujian Yongfu Power Engineering 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.


Fujian Yongfu Power Engineering Co's Price-to-Net-Current-Asset-Value Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fujian Yongfu Power Engineering Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


;
;

Fujian Yongfu Power Engineering Co Net Current Asset Value Calculation

Fujian Yongfu Power Engineering Co'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)
=(3245.552-3080.543-32.102-0)/187.546
=0.71

Fujian Yongfu Power Engineering Co'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)
=(3149.111-2993.856-25.462-0)/187.546
=0.69

* 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.


Fujian Yongfu Power Engineering Co  (SZSE:300712) 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.


Fujian Yongfu Power Engineering Co Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Fujian Yongfu Power Engineering Co's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujian Yongfu Power Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
High-tech Avenue, Haixi Science and Technology Park, Fujian Provience, Minhou County, Fuzhou, CHN, 350108
Fujian Yongfu Power Engineering Co Ltd is engaged in the provision of consultancy and survey and design services for electric power engineering to domestic and foreign customers. It also provides engineering, procurement, and construction general contracting projects process management services. The company is organized into four major operating divisions - electric power planning and pre-construction consulting, power generation engineering survey and design, power transmission and transformation engineering investigation design, and project general contracting.
Executives
Song Fa Xing Executives
Zhuo Xiu Zhe Executives

Fujian Yongfu Power Engineering Co Headlines

No Headlines