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JS Global Lifestyle Co (FRA:3JS) Net-Net Working Capital : €-0.06 (As of Dec. 2024)


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What is JS Global Lifestyle Co 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.

JS Global Lifestyle Co's Net-Net Working Capital for the quarter that ended in Dec. 2024 was €-0.06.

The industry rank for JS Global Lifestyle Co's Net-Net Working Capital or its related term are showing as below:

FRA:3JS's Price-to-Net-Net-Working-Capital is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 6.02
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

JS Global Lifestyle Co Net-Net Working Capital Historical Data

The historical data trend for JS Global Lifestyle Co'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.

JS Global Lifestyle Co Net-Net Working Capital Chart

JS Global Lifestyle Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -0.32 -0.31 -0.32 -0.07 -0.06

JS Global Lifestyle Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.32 -0.55 -0.07 -0.02 -0.06

Competitive Comparison of JS Global Lifestyle Co's Net-Net Working Capital

For the Furnishings, Fixtures & Appliances subindustry, JS Global Lifestyle Co'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.


JS Global Lifestyle Co's Price-to-Net-Net-Working-Capital Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, JS Global Lifestyle Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where JS Global Lifestyle Co's Price-to-Net-Net-Working-Capital falls into.


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JS Global Lifestyle Co Net-Net Working Capital Calculation

JS Global Lifestyle Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(418.877+0.75 * 273.098+0.5 * 147.177-768.428
-0-150.758)/3474.572
=-0.06

JS Global Lifestyle Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(418.877+0.75 * 273.098+0.5 * 147.177-768.428
-0-150.758)/3474.572
=-0.06

* 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.


JS Global Lifestyle Co  (FRA:3JS) 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.


JS Global Lifestyle Co Net-Net Working Capital Related Terms

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JS Global Lifestyle Co Business Description

Traded in Other Exchanges
Address
10 Harcourt Road, Unit 1, 39th Floor, East Tower, Cheung Kong Centre II, Hong Kong, HKG
JS Global Lifestyle Co Ltd is an investment holding company. Its operating segment includes Joyoung and SharkNinja APAC. Its Joyoung segment is involved in the design, manufacture, marketing, export, and distribution of small kitchen electrical appliances. Its SharkNinja APAC segment, which operates in the Asia Pacific Region, is involved in the design, marketing, manufacture, export, import, and distribution of a full range of floor care products, hard-surface steam cleaning products, small kitchen appliances products, personal care appliances, and home environment appliances under the brands of Shark and Ninja. The company generates maximum revenue from the Joyoung segment.

JS Global Lifestyle Co Headlines

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