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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.
Liu Chong Hing Investment's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €-0.36.
The industry rank for Liu Chong Hing Investment's Net-Net Working Capital or its related term are showing as below:
FRA:LIW's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.83 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Liu Chong Hing Investment (FRA:LIW) 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.
Liu Chong Hing Investment Net-Net Working Capital Related Terms
Liu Chong Hing Investment Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Liu Chong Hing Investment'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.
Liu Chong Hing Investment Net-Net Working Capital Chart
Liu Chong Hing Investment Net-Net Working Capital Competitor Comparison
For the Real Estate - Development subindustry, Liu Chong Hing Investment'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.
Liu Chong Hing Investment Price-to-Net-Net-Working-Capital vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Liu Chong Hing Investment's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Liu Chong Hing Investment'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 €-0.36 mean?
Liu Chong Hing Investment (FRA:LIW) has a Net-Net Working Capital of €-0.36 as of Jun. 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 Liu Chong Hing Investment According to the industry distribution chart, Liu Chong Hing Investment ranks #999999 out of 326 companies in the Real Estate industry.
Is Liu Chong Hing Investment's Net-Net Working Capital too high?
Liu Chong Hing Investment's current Net-Net Working Capital is €-0.36. Based on the distribution chart, Liu Chong Hing Investment ranks #999999 out of 326 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Liu Chong Hing Investment has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Liu Chong Hing Investment's Net-Net Working Capital compare to competitors?
According to the Real Estate industry distribution chart, Liu Chong Hing Investment ranks #999999 out of 326 companies for Net-Net Working Capital. This places Liu Chong Hing Investment in the lower half of its industry. The industry median Net-Net Working Capital is 4.83. 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 a Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.83, based on 326 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. 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 Liu Chong Hing Investment For the Real Estate industry, the median Net-Net Working Capital is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liu Chong Hing Investment's current Net-Net Working Capital is €-0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liu Chong Hing Investment stock overvalued right now?
Liu Chong Hing Investment (FRA:LIW) has a current Net-Net Working Capital of €-0.36. The stock's GF Value™ is €0.53, compared to a current price of €0.46 — trading 13.7% below its estimated fair value. The current Net-Net Working Capital is €-0.36. Liu Chong Hing Investment's overall GF Score™ is 66/100 with 6 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 Liu Chong Hing Investment (FRA:LIW), the current Net-Net Working Capital is €-0.36 as of Jun. 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.
Is Liu Chong Hing Investment (FRA:LIW) Overvalued in 2026?
Based on GuruFocus' analysis, Liu Chong Hing Investment stock appears to be undervalued.
The current stock price of €0.46 is trading 13.7% below its estimated GF Value™ of €0.53.
Key valuation signals for FRA:LIW:
Net-Net Working Capital: €-0.36
GF Value™: €0.53 vs. price of €0.46 (13.7% below fair value)
No single metric tells the full story. See the FRA:LIW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liu Chong Hing Investment Ltd principal activities of the Company are property investment and investment holding. It has six operating segments the Property investment includes investment and letting of properties; Property development includes development and sale of properties; Property management includes provision of property management services; Treasury investment includes dealings and investments in securities and other financial instruments; Trading and manufacturing includes manufacture and sale of magnetic products; and Hotel operation includes management and operation of hotel and food & beverage business. The company generates majority of revenue from Property development segment.
66GF Score
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