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AZI (Autozi Internet Technology (Global)) Net-Net Working Capital : $-0.49 (As of Sep. 2024)


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What is Autozi Internet Technology (Global) Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Autozi Internet Technology (Global)'s Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-0.49.

The industry rank for Autozi Internet Technology (Global)'s Net-Net Working Capital or its related term are showing as below:

AZI's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.895
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Autozi Internet Technology (Global) Net-Net Working Capital Historical Data

The historical data trend for Autozi Internet Technology (Global)'s Net-Net Working Capital 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.

Autozi Internet Technology (Global) Net-Net Working Capital Chart

Autozi Internet Technology (Global) Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Net-Net Working Capital
-1.67 -1.53 -1.55 -0.49

Autozi Internet Technology (Global) Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial -1.53 -1.75 -1.55 -1.63 -0.49

Competitive Comparison of Autozi Internet Technology (Global)'s Net-Net Working Capital

For the Auto & Truck Dealerships subindustry, Autozi Internet Technology (Global)'s Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Autozi Internet Technology (Global)'s Price-to-Net-Net-Working-Capital Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autozi Internet Technology (Global)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Autozi Internet Technology (Global)'s Price-to-Net-Net-Working-Capital falls into.



Autozi Internet Technology (Global) Net-Net Working Capital Calculation

Autozi Internet Technology (Global)'s Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2024 is calculated as

Net-Net Working Capital(A: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.972+0.75 * 0.417+0.5 * 3.27-57.034
-0--1.436)/104.981
=-0.49

Autozi Internet Technology (Global)'s Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.972+0.75 * 0.417+0.5 * 3.27-57.034
-0--1.436)/104.981
=-0.49

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.


Autozi Internet Technology (Global)  (NAS:AZI) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Autozi Internet Technology (Global) Net-Net Working Capital Related Terms

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Autozi Internet Technology (Global) Business Description

Traded in Other Exchanges
N/A
Address
Yongtaizhuang North Road, Intelligence Park No. 26, Building B09, Haidian District, Beijing, CHN
Autozi Internet Technology (Global) Ltd is one of China's fastest growing lifecycle automotive service providers. It provides high-quality, affordable, and professional one-stop automotive products and services through online and offline channels nationwide. Leveraging its online supply chain cloud platform, SaaS platforms, and the network of MBS stores, It has established an ecosystem of lifecycle automotive services by connecting automotive manufacturers, auto parts manufacturers, and insurance companies with MBS stores and various automotive owners. Its business segments include new car sales, auto parts and auto accessories sales, and automotive insurance-related services. The majority of revenue is from the new car sales segment, and auto parts & auto accessories sales.