HAO (Haoxi Health Technology) Net-Net Working Capital: $92.05 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAO Haoxi Health Technology Ltd HAO
21 GF Score
Price $3.82
! 5 Warning Signs
View Full Analysis

What is Haoxi Health Technology Net-Net Working Capital?

Haoxi Health Technology HAO -13.51% 21 Net-Net Working Capital is $92.05 as of Dec. 2025. GuruFocus rates HAO with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 382 Media - Diversified companies, Haoxi Health Technology ranks better than 99.48% 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.

Haoxi Health Technology's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $92.05.

The industry rank for Haoxi Health Technology's Net-Net Working Capital or its related term are showing as below:

HAO's Price-to-Net-Net-Working-Capital is ranked better than
99.48% of 382 companies
in the Media - Diversified industry
Industry Median: 4.37 vs HAO: 0.04

Haoxi Health Technology  (NAS:HAO) 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.


Haoxi Health Technology Net-Net Working Capital Related Terms


Haoxi Health Technology Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Haoxi Health Technology'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.

Haoxi Health Technology Net-Net Working Capital Chart

Haoxi Health Technology Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
0.00 0.00 0.00 2,591.25 4,744.00

Haoxi Health Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2,591.25 6,322.50 4,744.00 92.05

HAO vs BAOS, DBMM, DRCT: Net-Net Working Capital Comparison

For the Advertising Agencies subindustry, Haoxi Health Technology'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.


Haoxi Health Technology Price-to-Net-Net-Working-Capital vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Haoxi Health Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Haoxi Health Technology's Price-to-Net-Net-Working-Capital falls into.


HAO
21GF Score
Haoxi Health Technology Ltd HAO
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haoxi Health Technology Net-Net Working Capital Calculation

Haoxi Health Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.618+0.75 * 0.46+0.5 * 0-4.219
-0-0)/0.001
=4,744.00

Haoxi Health Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.801+0.75 * 0.027+0.5 * 0-4.704
-0-0)/0.023
=92.05

* 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 $92.05 mean?
Haoxi Health Technology (HAO) has a Net-Net Working Capital of $92.05 as of Dec. 2025. 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 Haoxi Health Technology According to the industry distribution chart, Haoxi Health Technology ranks #2 out of 382 companies in the Media - Diversified industry, placing it in the top 0.5%.
Is Haoxi Health Technology's Net-Net Working Capital too high?
Haoxi Health Technology's current Net-Net Working Capital is $92.05. The Media - Diversified industry median Net-Net Working Capital is 4.37. Haoxi Health Technology's value of $92.05 is 2006.4% above this industry median. Based on the distribution chart, Haoxi Health Technology ranks #2 out of 382 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Haoxi Health Technology has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Haoxi Health Technology's Net-Net Working Capital compare to BAOS and DBMM?
According to the Media - Diversified industry distribution chart, Haoxi Health Technology ranks #2 out of 382 companies for Net-Net Working Capital. This places Haoxi Health Technology in the top 1% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 4.37. Haoxi Health Technology's value of $92.05 is 2006.4% 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 a Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.37, based on 382 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. Haoxi Health Technology's current Net-Net Working Capital of $92.05 is 2006.4% 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 Haoxi Health Technology For the Media - Diversified industry, the median Net-Net Working Capital is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haoxi Health Technology's current Net-Net Working Capital is $92.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haoxi Health Technology stock overvalued right now?
Haoxi Health Technology (HAO) has a current Net-Net Working Capital of $92.05. The current Net-Net Working Capital is $92.05 and 2006.4% above the Media - Diversified industry median of 4.37. Haoxi Health Technology's overall GF Score™ is 21/100 with 5 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 Haoxi Health Technology (HAO), the current Net-Net Working Capital is $92.05 as of Dec. 2025. 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.

Haoxi Health Technology Business Description

Address Room 801, Tower C, Floor 8, Building 103, Huizhongli, Chaoyang District, Beijing, CHN
Haoxi Health Technology Ltd is an online marketing solution provider in China, with an advertiser client base mainly in the healthcare industry. The company offers services that include planning, producing, placing, and optimizing online ads especially online short video ads, to help its advertisers acquire, convert, and retain ultimate consumers on various online media platforms. It places advertisements on popular digital platforms such as Toutiao, Douyin, WeChat, and Sina Weibo through media partners. Revenue is generated by providing comprehensive online marketing solutions. The company's operations center on digital advertising via mainstream video and social media channels in the Chinese market.
21GF Score

Get the complete analysis for HAO

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.82
Price