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Blue Moon Group Holdings (HKSE:06993) Net-Net Working Capital : HK$0.80 (As of Dec. 2024)


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What is Blue Moon 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.

Blue Moon Group Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2024 was HK$0.80.

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

HKSE:06993's Price-to-Net-Net-Working-Capital is ranked better than
63.07% of 612 companies
in the Consumer Packaged Goods industry
Industry Median: 6.955 vs HKSE:06993: 4.83

Blue Moon Group Holdings Net-Net Working Capital Historical Data

The historical data trend for Blue Moon 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.

Blue Moon Group Holdings Net-Net Working Capital Chart

Blue Moon Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial 1.48 1.52 1.31 1.17 0.80

Blue Moon Group Holdings Semi-Annual Data
Dec17 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 1.31 1.12 1.17 0.99 0.80

Competitive Comparison of Blue Moon Group Holdings's Net-Net Working Capital

For the Household & Personal Products subindustry, Blue Moon 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.


Blue Moon Group Holdings's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Blue Moon Group Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Blue Moon Group Holdings Net-Net Working Capital Calculation

Blue Moon 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)
=(5270.474+0.75 * 1063.481+0.5 * 487.579-1640.999
-0-0)/5863.103
=0.80

Blue Moon 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)
=(5270.474+0.75 * 1063.481+0.5 * 487.579-1640.999
-0-0)/5863.103
=0.80

* 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.


Blue Moon Group Holdings  (HKSE:06993) 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.


Blue Moon Group Holdings Net-Net Working Capital Related Terms

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Blue Moon Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Pu Nan Road, Yun Pu Industrial Zone, Huangpu District, Guangzhou, CHN, 510760
Blue Moon has a portfolio of market-leading products in three categories: fabric care, personal hygiene, and home care. Fabric care comprises around 90% of the group's revenue. As a pioneer in China's household care market, it holds a leading market share by value in China's liquid laundry detergent and liquid soap markets, as at 2024. Blue Moon is also an early entrant into e-commerce, with the online channel contributing nearly 60% of 2024 sales. Most of Blue Moon's core products are marketed under the namesake brand.
Executives
Bmgh T Limited 2301 Trustee
Tricor Trust (hong Kong) Limited 2301 Trustee
Luo Qiuping 2202 Interest of your spouse
Pan Dong 2201 Interest of corporation controlled by you
Qi De Ji Tuan You Xian Gong Si
Hhlr Advisors, Ltd. 2102 Investment manager
Hhlr Fund, L.p. 2101 Beneficial owner
Hcm Bm Holdings, Ltd. 2101 Beneficial owner

Blue Moon Group Holdings Headlines

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