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Smart PowerrCREG -8.33%33 Net-Net Working Capital is $63.96 as of Mar. 2026. GuruFocus rates CREG with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 64 Utilities - Independent Power Producers companies, Smart Powerr ranks better than 98.44% on this metric.
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.
Smart Powerr's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $63.96.
The industry rank for Smart Powerr's Net-Net Working Capital or its related term are showing as below:
CREG's Price-to-Net-Net-Working-Capital is ranked better than 98.44% of 64
companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.12
vs CREG: 0.03
Smart Powerr (NAS:CREG) 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.
Smart Powerr Net-Net Working Capital Related Terms
Smart Powerr Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Smart Powerr'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.
CREG vs CLNV, HTOO, BNRG: Net-Net Working Capital Comparison
For the Utilities - Renewable subindustry, Smart Powerr'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.
Smart Powerr Price-to-Net-Net-Working-Capital vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Smart Powerr's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Smart Powerr's Price-to-Net-Net-Working-Capital falls into.
* 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.
What does a Net-Net Working Capital of $63.96 mean?
Smart Powerr (CREG) has a Net-Net Working Capital of $63.96 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Smart Powerr According to the industry distribution chart, Smart Powerr ranks #1 out of 64 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.6%.
Is Smart Powerr's Net-Net Working Capital too high?
Smart Powerr's current Net-Net Working Capital is $63.96. The Utilities - Independent Power Producers industry median Net-Net Working Capital is 7.12. Smart Powerr's value of $63.96 is 798.3% above this industry median. Based on the distribution chart, Smart Powerr ranks #1 out of 64 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Smart Powerr has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Smart Powerr's Net-Net Working Capital compare to CLNV and HTOO?
According to the Utilities - Independent Power Producers industry distribution chart, Smart Powerr ranks #1 out of 64 companies for Net-Net Working Capital. This places Smart Powerr in the top 2% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.12. Smart Powerr's value of $63.96 is 798.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Utilities - Independent Power Producers company?
The median Net-Net Working Capital among Utilities - Independent Power Producers companies is 7.12, based on 64 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Powerr's current Net-Net Working Capital of $63.96 is 798.3% above 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Smart Powerr For the Utilities - Independent Power Producers industry, the median Net-Net Working Capital is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Powerr's current Net-Net Working Capital is $63.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Powerr stock overvalued right now?
Smart Powerr (CREG) has a current Net-Net Working Capital of $63.96. The current Net-Net Working Capital is $63.96 and 798.3% above the Utilities - Independent Power Producers industry median of 7.12. Smart Powerr's overall GF Score™ is 33/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Smart Powerr (CREG), the current Net-Net Working Capital is $63.96 as of Mar. 2026. 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.
Smart Powerr Corp is engaged in waste energy recycling and is a developer of energy efficiency solutions for various energy intensive industries in China. It uses Build-Operate-Transfer (BOT) model to provide energy saving and recovery facilities for multiple energy intensive industries in China. Its waste energy recycling projects allow customers which use substantial amounts of electricity to recapture previously wasted pressure, heat, and gas from their manufacturing processes to generate electricity. It provides a clean-technology and energy-efficient solution aimed at reducing the air pollution and energy shortage problems in China. The company's operations are conducted in one industry segment. All of its assets are located in the PRC.
33GF Score
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