ZNGMF (Zengame Technology Holding) Net Current Asset Value: $0.31 (As of Dec. 2025) — 75% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ZNGMF Zengame Technology Holding Ltd ZNGMF
37 GF Score
Price $0.35
GF Value $0.35
! 4 Warning Signs
View Full Analysis

What is Zengame Technology Holding Net Current Asset Value?

Zengame Technology Holding ZNGMF +29.56% 37 Net Current Asset Value is $0.31 as of Dec. 2025, which is 75% below its 10-year median of 1.24. GuruFocus rates ZNGMF with a GF Scoreâ„¢ of 37/100 and a GF Valueâ„¢ of $0.35. The stock has 4 warning signs investors should review. Among 366 Interactive Media companies, Zengame Technology Holding ranks better than 88.8% on this metric.

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).

Zengame Technology Holding's net current asset value per share for the quarter that ended in Dec. 2025 was $0.31.

The historical rank and industry rank for Zengame Technology Holding's Net Current Asset Value or its related term are showing as below:

ZNGMF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.84   Med: 1.24   Max: 2.89
Current: 1.03

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zengame Technology Holding was 2.89. The lowest was 0.84. And the median was 1.24.

ZNGMF's Price-to-Net-Current-Asset-Value is ranked better than
88.8% of 366 companies
in the Interactive Media industry
Industry Median: 3.685 vs ZNGMF: 1.03

Zengame Technology Holding  (OTCPK:ZNGMF) 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 GrahamÂ’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.


Zengame Technology Holding Net Current Asset Value Related Terms


Zengame Technology Holding Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Zengame Technology Holding'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.

Zengame Technology Holding Net Current Asset Value Chart

Zengame Technology Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.17 0.25 0.27 0.31

Zengame Technology Holding Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.25 0.22 0.27 0.29 0.31

ZNGMF vs NTES, EA, TTWO: Net Current Asset Value Comparison

For the Electronic Gaming & Multimedia subindustry, Zengame Technology Holding'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.


Zengame Technology Holding Price-to-Net-Current-Asset-Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zengame Technology Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Zengame Technology Holding's Price-to-Net-Current-Asset-Value falls into.


ZNGMF
37GF Score
Zengame Technology Holding Ltd ZNGMF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zengame Technology Holding Net Current Asset Value Calculation

Zengame Technology Holding's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(352.484-36.725-0-0)/1034.975
=0.31

Zengame Technology Holding's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(352.484-36.725-0-0)/1034.975
=0.31

* 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 $0.31 mean?
Zengame Technology Holding (ZNGMF) has a Net Current Asset Value of $0.31 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 Zengame Technology Holding and its competitors. This is 75% below median its historical median of 1.24. Over the past decade, Zengame Technology Holding's Net Current Asset Value has ranged from 0.84 to 2.89. According to the industry distribution chart, Zengame Technology Holding ranks #41 out of 366 companies in the Interactive Media industry, placing it in the top 11.2%.
Is Zengame Technology Holding's Net Current Asset Value too high?
Zengame Technology Holding's current Net Current Asset Value of $0.31 is 75% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.89. The Interactive Media industry median Net Current Asset Value is 3.69. Zengame Technology Holding's value of $0.31 is 91.6% below this industry median. Based on the distribution chart, Zengame Technology Holding ranks #41 out of 366 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Zengame Technology Holding has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Zengame Technology Holding's Net Current Asset Value compare to NTES and EA?
According to the Interactive Media industry distribution chart, Zengame Technology Holding ranks #41 out of 366 companies for Net Current Asset Value. This places Zengame Technology Holding in the top 11% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.69. Zengame Technology Holding's value of $0.31 is 91.6% below this benchmark. Historically, Zengame Technology Holding's own Net Current Asset Value has ranged from 0.84 to 2.89 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 3.69, Zengame Technology Holding has consistently been below the industry average. 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 Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.69, based on 366 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. Zengame Technology Holding's current Net Current Asset Value of $0.31 is 91.6% below the industry median. 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 Zengame Technology Holding and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zengame Technology Holding's current Net Current Asset Value is $0.31, which is 75% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zengame Technology Holding stock overvalued right now?
Zengame Technology Holding (ZNGMF) has a current Net Current Asset Value of $0.31. The stock's GF Value™ is $0.35, compared to a current price of $0.35 — trading 0.2% below its estimated fair value. The current Net Current Asset Value is $0.31, which is 75% below median its 10-year median of 1.24 and 91.6% below the Interactive Media industry median of 3.69. Zengame Technology Holding's overall GF Score™ is 37/100 with 4 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 Zengame Technology Holding (ZNGMF), the current Net Current Asset Value is $0.31 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 Zengame Technology Holding (ZNGMF) Overvalued in 2026?

Based on GuruFocus' analysis, Zengame Technology Holding stock appears to be undervalued. The current stock price of $0.35 is trading 0.2% below its estimated GF Value™ of $0.35.

Key valuation signals for ZNGMF:

  • Net Current Asset Value: $0.31 (75% below median its 10-year median of 1.24)
  • GF Value™: $0.35 vs. price of $0.35 (0.2% below fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 91.6% below the Interactive Media median (#41 of 366)

No single metric tells the full story. See the ZNGMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zengame Technology Holding Business Description

Other Exchanges 02660:Hong Kong
Address Keji South 12 Road, Rooms 1304-06, Changhong Science and Technology Mansion, Science and Technology Park, Nanshan District, Shenzhen, CHN, 518057
Zengame Technology Holding Ltd is a mobile game developer. The company operates self-developed and third-party-developed games. The company's games include card games, board games, other casual games, and hardcore games, including Fight the Landlord, Sichuan Mahjong, Hunan Run Fast, Tiantian Love Chinese Chess, Happy Mengmengxiao and Kuaishou Fishing. It is also engaged in the investment business.
37GF Score

Get the complete analysis for ZNGMF

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.35
Price
$0.35
GF Value