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Airmate (Cayman) International Co (TPE:1626) Net Current Asset Value : NT$-1.25 (As of Dec. 2024)


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What is Airmate (Cayman) International 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).

Airmate (Cayman) International Co's net current asset value per share for the quarter that ended in Dec. 2024 was NT$-1.25.

The historical rank and industry rank for Airmate (Cayman) International 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 Airmate (Cayman) International Co was 91.67. The lowest was 91.67. And the median was 91.67.

TPE:1626's Price-to-Net-Current-Asset-Value is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 3.91
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Airmate (Cayman) International Co Net Current Asset Value Historical Data

The historical data trend for Airmate (Cayman) International 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.

Airmate (Cayman) International Co Net Current Asset Value Chart

Airmate (Cayman) International 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 -4.26 -4.69 -0.40 0.18 -1.25

Airmate (Cayman) International Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.18 -0.40 -0.03 -0.46 -1.25

Competitive Comparison of Airmate (Cayman) International Co's Net Current Asset Value

For the Furnishings, Fixtures & Appliances subindustry, Airmate (Cayman) International 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.


Airmate (Cayman) International Co's Price-to-Net-Current-Asset-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Airmate (Cayman) International Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Airmate (Cayman) International Co's Price-to-Net-Current-Asset-Value falls into.


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Airmate (Cayman) International Co Net Current Asset Value Calculation

Airmate (Cayman) International 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)
=(5901.314-6087.904-0-0)/149.822
=-1.25

Airmate (Cayman) International Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5901.314-6087.904-0-0)/149.822
=-1.25

* 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.


Airmate (Cayman) International Co  (TPE:1626) 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.


Airmate (Cayman) International Co Net Current Asset Value Related Terms

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Airmate (Cayman) International Co Business Description

Traded in Other Exchanges
N/A
Address
Cricket Square, Hutchins Drive, P.O.Box 2681, Century Yard, George Town, British West Indies, Grand Cayman, CYM
Airmate (Cayman) International Co Ltd is engaged in the design, development, manufacture, and sale of electrical fans and heaters. The company's product consists of electric fans, heaters, home appliances such as air purifiers, humidifiers, dehumidifiers, induction cookers, and steamers, as well as residential appliances including ventilators, commercial engineering fans, power converters, and many more. In addition, it also exports its products to various countries. The company's key revenue is from the domestic sales market. It also offers precision mold treatment. It has operations in China, Japan, South Korea, and Others. It derives the majority of its revenue from China.

Airmate (Cayman) International Co Headlines

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