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KWG Living Group Holdings (HKSE:03913) Net-Net Working Capital : HK$-0.06 (As of Dec. 2024)


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What is KWG Living Group Holdings 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.

KWG Living Group Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2024 was HK$-0.06.

The industry rank for KWG Living Group Holdings's Net-Net Working Capital or its related term are showing as below:

HKSE:03913's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.385
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

KWG Living Group Holdings Net-Net Working Capital Historical Data

The historical data trend for KWG Living Group Holdings'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.

KWG Living Group Holdings Net-Net Working Capital Chart

KWG Living Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial 1.26 0.30 -0.23 -0.12 -0.06

KWG Living Group Holdings Semi-Annual Data
Dec17 Dec18 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 -0.23 -0.17 -0.12 -0.09 -0.06

Competitive Comparison of KWG Living Group Holdings's Net-Net Working Capital

For the Real Estate Services subindustry, KWG Living Group Holdings'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.


KWG Living Group Holdings's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KWG Living Group Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where KWG Living Group Holdings's Price-to-Net-Net-Working-Capital falls into.


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KWG Living Group Holdings Net-Net Working Capital Calculation

KWG Living Group Holdings'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)
=(1223.14+0.75 * 2972.015+0.5 * 0-3248.299
-0-324.247)/2025.972
=-0.06

KWG Living Group Holdings'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)
=(1223.14+0.75 * 2972.015+0.5 * 0-3248.299
-0-324.247)/2026.085
=-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.


KWG Living Group Holdings  (HKSE:03913) 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.


KWG Living Group Holdings Net-Net Working Capital Related Terms

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KWG Living Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
39 Gloucester Road, Room 1302, 13th Floor, Harcourt House, Wan Chai, Hong Kong, HKG
KWG Living Group Holdings Ltd is an investment holding company. Along with its subsidiaries, it operates in two reportable segments: Residential property management services and Non-residential property management and commercial operational services. Maximum revenue for the group is generated from its Non-residential property management and commercial operational services segment, which manages and operates a portfolio of non-residential properties, provides property management and commercial operational services to commercial properties such as shopping malls, office buildings and industrial parks, and provides property management services to schools, hospitals, government authorities and other public properties. Geographically, it derives all of its revenue from Chinese Mainland.
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