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).
The historical rank and industry rank for China Strategic Technology Group's Net Current Asset Value or its related term are showing as below:
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of China Strategic Technology Group was 3.89. The lowest was 2.46. And the median was 3.02.
USPCY's Price-to-Net-Current-Asset-Value is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.23 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
China Strategic Technology Group (OTCPK:USPCY) 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.
China Strategic Technology Group Net Current Asset Value Related Terms
China Strategic Technology Group 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.
China Strategic Technology Group Net Current Asset Value Chart
USPCY vs SPCX, GE, RTX: Net Current Asset Value Comparison
For the Aerospace & Defense subindustry, China Strategic Technology 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.
China Strategic Technology Group Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, China Strategic Technology Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where China Strategic Technology Group'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 $-0.34 mean?
China Strategic Technology Group (USPCY) has a Net Current Asset Value of $-0.34 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on China Strategic Technology Group and its competitors. Over the past decade, China Strategic Technology Group's Net Current Asset Value has ranged from 2.46 to 3.89. According to the industry distribution chart, China Strategic Technology Group ranks #999999 out of 197 companies in the Aerospace & Defense industry.
Is China Strategic Technology Group's Net Current Asset Value too high?
China Strategic Technology Group's current Net Current Asset Value is $-0.34. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 3.89. Based on the distribution chart, China Strategic Technology Group ranks #999999 out of 197 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, China Strategic Technology Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Strategic Technology Group's Net Current Asset Value compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, China Strategic Technology Group ranks #999999 out of 197 companies for Net Current Asset Value. This places China Strategic Technology Group in the lower half of its industry. The industry median Net Current Asset Value is 8.23. Historically, China Strategic Technology Group's own Net Current Asset Value has ranged from 2.46 to 3.89 over the past decade. 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 Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 8.23, based on 197 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 China Strategic Technology Group and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Strategic Technology Group's current Net Current Asset Value is $-0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Strategic Technology Group stock overvalued right now?
Based on GuruFocus' analysis, China Strategic Technology Group (USPCY) is currently considered Possible Value Trap. The stock's GF Value™ is $1.87, compared to a current price of $0.58 — trading 69.1% below its estimated fair value. The current Net Current Asset Value is $-0.34. China Strategic Technology Group's overall GF Score™ is 48/100 with 6 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 China Strategic Technology Group (USPCY), the current Net Current Asset Value is $-0.34 as of Dec. 2025. 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 China Strategic Technology Group (USPCY) Overvalued in 2026?
Based on GuruFocus' analysis, China Strategic Technology Group stock appears to be undervalued.
The current stock price of $0.58 is trading 69.1% below its estimated GF Value™ of $1.87.
GuruFocus considers China Strategic Technology Group to be Possible Value Trap.
Key valuation signals for USPCY:
Net Current Asset Value: $-0.34
GF Value™: $1.87 vs. price of $0.58 (69.1% below fair value)
No single metric tells the full story. See the USPCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Strategic Technology Group Business Description
China Strategic Technology Group Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in two reportable business segments: Aerospace Business and the EMS Business. The Aerospace business comprises satellite manufacturing, satellite component manufacturing, precision electronics manufacturing, satellite data applications, satellite telemetry, tracking, and controlling (TT&C), and satellite launch; and the EMS Business includes assembling and PCBAs and fully-assembled electronic products. The Group generates maximum revenue from its EMS Business. Geographically, it derives maximum revenue from Hong Kong, followed by Mainland China, South Korea, India, Australia, Germany, Vietnam, the USA, and other regions.
48GF Score
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