GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mount Everest Gold Group Co Ltd (HKSE:01815) » Definitions » Net-Net Working Capital

Mount Everest Gold Group Co (HKSE:01815) Net-Net Working Capital : HK$0.60 (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Mount Everest Gold Group 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.

Mount Everest Gold Group Co's Net-Net Working Capital for the quarter that ended in Dec. 2024 was HK$0.60.

The industry rank for Mount Everest Gold Group Co's Net-Net Working Capital or its related term are showing as below:

HKSE:01815's Price-to-Net-Net-Working-Capital is ranked better than
54.37% of 320 companies
in the Retail - Cyclical industry
Industry Median: 5.595 vs HKSE:01815: 4.63

Mount Everest Gold Group Co Net-Net Working Capital Historical Data

The historical data trend for Mount Everest Gold 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.

* Premium members only.

Mount Everest Gold Group Co Net-Net Working Capital Chart

Mount Everest Gold Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.70 0.66 0.62 0.60

Mount Everest Gold Group Co Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 0.66 0.60 0.62 0.60 0.60

Competitive Comparison of Mount Everest Gold Group Co's Net-Net Working Capital

For the Luxury Goods subindustry, Mount Everest Gold 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.


Mount Everest Gold Group Co's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mount Everest Gold Group Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Mount Everest Gold Group Co's Price-to-Net-Net-Working-Capital falls into.


;
;

Mount Everest Gold Group Co Net-Net Working Capital Calculation

Mount Everest Gold Group 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)
=(458.341+0.75 * 58.87+0.5 * 1039.381-310.934
-0--26.739)/1237.875
=0.60

Mount Everest Gold Group 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)
=(458.341+0.75 * 58.87+0.5 * 1039.381-310.934
-0--26.739)/1237.875
=0.60

* 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.


Mount Everest Gold Group Co  (HKSE:01815) 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.


Mount Everest Gold Group Co Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Mount Everest Gold Group Co's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Mount Everest Gold Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Beili North Road, 29th Floor, Shuibei International, Luohu District, Guangdong Province, Shenzhen, CHN, 518000
Mount Everest Gold Group Co Ltd is an integrated online and offline Internet jewelry retailer in China. The company sells a wide range of jewelry products under its own and third-party brands, including gold bars, silver bars, wearable jewelry, silverware, and other collectibles, through its online platform and third-party online sales channels, as well as its offline retail and experience network.
Executives
Xue Meiqi 2101 Beneficial owner
Lin Ting 2101 Beneficial owner
China Silver Group Limited 2101 Beneficial owner
Yao Runxiong 2101 Beneficial owner

Mount Everest Gold Group Co Headlines

No Headlines