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Daishin Securities Co (XKRX:003547) Net Current Asset Value : ₩0.00 (As of Dec. 2023)


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What is Daishin Securities 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).

Daishin Securities Co's net current asset value per share for the quarter that ended in Dec. 2023 was ₩0.00.

The historical rank and industry rank for Daishin Securities Co's Net Current Asset Value or its related term are showing as below:

XKRX:003547's Price-to-Net-Current-Asset-Value is not ranked *
in the Capital Markets industry.
Industry Median: 3.27
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Daishin Securities Co Net Current Asset Value Historical Data

The historical data trend for Daishin Securities 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.

Daishin Securities Co Net Current Asset Value Chart

Daishin Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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Daishin Securities Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Daishin Securities Co's Net Current Asset Value

For the Capital Markets subindustry, Daishin Securities 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.


Daishin Securities Co's Price-to-Net-Current-Asset-Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daishin Securities Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Daishin Securities Co's Price-to-Net-Current-Asset-Value falls into.



Daishin Securities Co Net Current Asset Value Calculation

Daishin Securities 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)
=(N/A-19622059.968-1363.958-180000)/67.4056
=N/A

Daishin Securities Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-19622059.968-1363.958-180000)/67.4056
=N/A

* 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.


Daishin Securities Co  (XKRX:003547) 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.


Daishin Securities Co Net Current Asset Value Related Terms

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Daishin Securities Co (XKRX:003547) Business Description

Traded in Other Exchanges
Address
Daishin Finance Center 343, Samil-daero, Jung-gu, Seoul, KOR
Daishin Securities Co Ltd is a South Korean financial service company. The company operates in Hong Kong and the United States but conducts the majority of its business domestically. It generates most of its revenue from investment in equity, bonds, and derivatives. The retail segment of the company provides brokerage services and generates the second-largest amount of revenue. The next- largest segment purchases and sells asset-backed securities, including bonds and bad assets. The company also engages in corporate business, enterprise finance, savings banking, economic research, and foreign business.

Daishin Securities Co (XKRX:003547) Headlines

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