XIAXF (Xiabuxiabu Catering Management (China) Hldgs Co) Net Current Asset Value : $-0.15 (As of Jun. 2024)

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What is Xiabuxiabu Catering Management (China) Hldgs 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).

Xiabuxiabu Catering Management (China) Hldgs Co's net current asset value per share for the quarter that ended in Jun. 2024 was $-0.15.

The historical rank and industry rank for Xiabuxiabu Catering Management (China) Hldgs Co'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 Xiabuxiabu Catering Management (China) Hldgs Co was 13.50. The lowest was 2.64. And the median was 4.63.

XIAXF's Price-to-Net-Current-Asset-Value is not ranked ^*
in the Restaurants industry.
Industry Median: 10.545
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Xiabuxiabu Catering Management (China) Hldgs Co Net Current Asset Value Historical Data

The historical data trend for Xiabuxiabu Catering Management (China) Hldgs 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.

Xiabuxiabu Catering Management (China) Hldgs Co Net Current Asset Value Chart

Xiabuxiabu Catering Management (China) Hldgs Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Current Asset Value

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-0.16

-0.18

-0.14

-0.17

-0.18

Xiabuxiabu Catering Management (China) Hldgs Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Current Asset Value	Get a 7-Day Free Trial															-0.15	-0.17	-0.17	-0.18	-0.15

Competitive Comparison of Xiabuxiabu Catering Management (China) Hldgs Co's Net Current Asset Value

For the Restaurants subindustry, Xiabuxiabu Catering Management (China) Hldgs 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.

Xiabuxiabu Catering Management (China) Hldgs Co's Price-to-Net-Current-Asset-Value Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Xiabuxiabu Catering Management (China) Hldgs Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Xiabuxiabu Catering Management (China) Hldgs Co's Price-to-Net-Current-Asset-Value falls into.

Xiabuxiabu Catering Management (China) Hldgs Co Net Current Asset Value Calculation

Xiabuxiabu Catering Management (China) Hldgs Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Current Asset Value Per Share		(A: Dec. 2023 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(215.623	-	398.636	-	9.607	-	0)	/	1048.32
=	-0.18

Xiabuxiabu Catering Management (China) Hldgs Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

	Net Current Asset Value Per Share		(Q: Jun. 2024 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(205.325	-	358.177	-	9.339	-	0)	/	1048.97
=	-0.15

Xiabuxiabu Catering Management (China) Hldgs Co (OTCPK:XIAXF) 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.

Xiabuxiabu Catering Management (China) Hldgs Co Net Current Asset Value Related Terms

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Xiabuxiabu Catering Management (China) Hldgs Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Xiabuxiabu Catering Management (China) Hldgs Co Ltd (OTCPK:XIAXF) » Definitions » Net Current Asset Value

Comparable Companies

Traded in Other Exchanges

00520:Hong Kong 0XI:Germany

Address

Suncun Industrial Development Zone, Huangcun Town, Daxing District, Beijing, CHN

Website

https://www.xiabu.com

Xiabuxiabu Catering Management is a Chinese multibrand restaurant operator. The firm generates most of its revenue from two hot pot restaurant chains—Xiabuxiabu and Coucou. Started in 1998, the namesake Xiabuxiabu brand is known for serving the Chinese hot pot format in a value-oriented, quick-service setting. Diners of Xiabuxiabu usually sit on bar counters, and a pot is provided for each diner. The Coucou brand was launched in 2016 as part of the group's foray into the high-end hot pot market. Unlike the group's namesake restaurant, Coucou serves Taiwanese-style hot pot in a beautifully decorated sit-down setting. The group does not franchise any of its restaurant brands, meaning all of its restaurants are self-operated and company-owned.