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China Index Holdings (China Index Holdings) Net-Net Working Capital : $0.03 (As of Sep. 2022)


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What is China Index Holdings 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.

China Index Holdings's Net-Net Working Capital for the quarter that ended in Sep. 2022 was $0.03.

The industry rank for China Index Holdings's Net-Net Working Capital or its related term are showing as below:

CIH's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 5.62
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

China Index Holdings Net-Net Working Capital Historical Data

The historical data trend for China Index Holdings'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.

China Index Holdings Net-Net Working Capital Chart

China Index Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial 0.03 -0.13 -0.07 -0.60 -0.13

China Index Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net-Net Working Capital 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 - -0.13 -0.05 -0.08 0.03

Competitive Comparison of China Index Holdings's Net-Net Working Capital

For the Internet Content & Information subindustry, China Index Holdings'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.


China Index Holdings's Price-to-Net-Net-Working-Capital Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Index Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where China Index Holdings's Price-to-Net-Net-Working-Capital falls into.



China Index Holdings Net-Net Working Capital Calculation

China Index Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(56.76+0.75 * 7.727+0.5 * 0-73.782
-0-0.214)/90.4242
=-0.13

China Index Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(54.194+0.75 * 9.098+0.5 * 0-57.817
-0-0.216)/90.4254
=0.03

* 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.


China Index Holdings  (NAS:CIH) 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.


China Index Holdings Net-Net Working Capital Related Terms

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China Index Holdings (China Index Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 20, Guogongzhuang Middle Street, 11th Floor, Tower A, Fengtai District, Beijing, CHN, 100070
China Index Holdings Ltd operates as a real estate information and analytics service platform in China. The company's services span data services, analytics services, promotion services, and listing services for China's real estate markets. It serves a substantial base of real estate participants in China, including industry professionals and business communities, with an authoritative, comprehensive, and seasonable collection of real estate data. Further, the group focuses more on the enormous market opportunity within China's commercial property sector through a commercial property online marketing portals and mobile applications.

China Index Holdings (China Index Holdings) Headlines