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Chin Well Holdings Bhd (XKLS:5007) Net Current Asset Value : RM1.65 (As of Mar. 2024)


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What is Chin Well Holdings Bhd 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).

Chin Well Holdings Bhd's net current asset value per share for the quarter that ended in Mar. 2024 was RM1.65.

The historical rank and industry rank for Chin Well Holdings Bhd's Net Current Asset Value or its related term are showing as below:

XKLS:5007' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.62   Med: 1.21   Max: 1.95
Current: 0.74

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chin Well Holdings Bhd was 1.95. The lowest was 0.62. And the median was 1.21.

XKLS:5007's Price-to-Net-Current-Asset-Value is ranked better than
97.64% of 2161 companies
in the Industrial Products industry
Industry Median: 4.25 vs XKLS:5007: 0.74

Chin Well Holdings Bhd Net Current Asset Value Historical Data

The historical data trend for Chin Well Holdings Bhd'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.

Chin Well Holdings Bhd Net Current Asset Value Chart

Chin Well Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.38 1.37 1.59 1.66

Chin Well Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.60 1.66 1.64 1.64 1.65

Competitive Comparison of Chin Well Holdings Bhd's Net Current Asset Value

For the Tools & Accessories subindustry, Chin Well Holdings Bhd'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.


Chin Well Holdings Bhd's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chin Well Holdings Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Chin Well Holdings Bhd's Price-to-Net-Current-Asset-Value falls into.



Chin Well Holdings Bhd Net Current Asset Value Calculation

Chin Well Holdings Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(556.163-78.527-1.98-0)/286.451
=1.66

Chin Well Holdings Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(548.569-73.07-1.941-0)/286.45
=1.65

* 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.


Chin Well Holdings Bhd  (XKLS:5007) 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.


Chin Well Holdings Bhd Net Current Asset Value Related Terms

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Chin Well Holdings Bhd (XKLS:5007) Business Description

Traded in Other Exchanges
N/A
Address
No. 1586, MK11, Lorong Perusahaan Utama 1, Bukit Tengah Industrial Park, Bukit Mertajam, PNG, MYS, 14000
Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is a key revenue driver which is engaged in the manufacturing and trading of screws, nuts, bolts, and other related products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar, and grill mesh. The company's Investment holding segment comprises investment holding and property investment activities. Geographically, it operates in Malaysia, Europe, North America, Vietnam, Australia, Other Asia Pacific countries and others. It derives a majority of its revenue from Malaysia.

Chin Well Holdings Bhd (XKLS:5007) Headlines

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