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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.
Ganfeng Lithium Group Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-3.41.
The industry rank for Ganfeng Lithium Group Co's Net-Net Working Capital or its related term are showing as below:
GNENF's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 8.535 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Ganfeng Lithium Group Co (OTCPK:GNENF) 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.
Ganfeng Lithium Group Co Net-Net Working Capital Related Terms
Ganfeng Lithium Group Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Ganfeng Lithium Group 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.
Ganfeng Lithium Group Co Net-Net Working Capital Chart
For the Chemicals subindustry, Ganfeng Lithium Group 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.
Ganfeng Lithium Group Co Price-to-Net-Net-Working-Capital vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Ganfeng Lithium Group Co'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 $-3.41 mean?
Ganfeng Lithium Group Co (GNENF) has a Net-Net Working Capital of $-3.41 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 Ganfeng Lithium Group Co According to the industry distribution chart, Ganfeng Lithium Group Co ranks #999999 out of 592 companies in the Chemicals industry.
Is Ganfeng Lithium Group Co's Net-Net Working Capital too high?
Ganfeng Lithium Group Co's current Net-Net Working Capital is $-3.41. Based on the distribution chart, Ganfeng Lithium Group Co ranks #999999 out of 592 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ganfeng Lithium Group Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganfeng Lithium Group Co's Net-Net Working Capital compare to DOW?
According to the Chemicals industry distribution chart, Ganfeng Lithium Group Co ranks #999999 out of 592 companies for Net-Net Working Capital. This places Ganfeng Lithium Group Co in the lower half of its industry. The industry median Net-Net Working Capital is 8.54. 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 Chemicals company?
The median Net-Net Working Capital among Chemicals companies is 8.54, based on 592 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 Ganfeng Lithium Group Co For the Chemicals industry, the median Net-Net Working Capital is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganfeng Lithium Group Co's current Net-Net Working Capital is $-3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganfeng Lithium Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ganfeng Lithium Group Co (GNENF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.54, compared to a current price of $5.30 — trading 18.9% below its estimated fair value. The current Net-Net Working Capital is $-3.41. Ganfeng Lithium Group Co's overall GF Score™ is 89/100 with 10 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 Ganfeng Lithium Group Co (GNENF), the current Net-Net Working Capital is $-3.41 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.
Is Ganfeng Lithium Group Co (GNENF) Overvalued in 2026?
Based on GuruFocus' analysis, Ganfeng Lithium Group Co stock appears to be undervalued.
The current stock price of $5.30 is trading 18.9% below its estimated GF Value™ of $6.54.
GuruFocus considers Ganfeng Lithium Group Co to be Modestly Undervalued.
Key valuation signals for GNENF:
Net-Net Working Capital: $-3.41
GF Value™: $6.54 vs. price of $5.30 (18.9% below fair value)
No single metric tells the full story. See the GNENF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, the firm has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.
89GF Score
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