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Bosa Technology Holdings (HKSE:08140) Net-Net Working Capital : HK$0.17 (As of Dec. 2023)


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What is Bosa Technology 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.

Bosa Technology Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2023 was HK$0.17.

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

HKSE:08140's Price-to-Net-Net-Working-Capital is ranked better than
97.06% of 170 companies
in the Steel industry
Industry Median: 5.52 vs HKSE:08140: 0.56

Bosa Technology Holdings Net-Net Working Capital Historical Data

The historical data trend for Bosa Technology 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.

Bosa Technology Holdings Net-Net Working Capital Chart

Bosa Technology Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial 0.07 0.07 0.09 0.11 0.15

Bosa Technology Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 0.13 - 0.15 - 0.17

Competitive Comparison of Bosa Technology Holdings's Net-Net Working Capital

For the Steel subindustry, Bosa Technology 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.


Bosa Technology Holdings's Price-to-Net-Net-Working-Capital Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bosa Technology Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Bosa Technology Holdings Net-Net Working Capital Calculation

Bosa Technology Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(103.74+0.75 * 45.954+0.5 * 6.157-24.801
-0-0)/800
=0.15

Bosa Technology Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(136.194+0.75 * 28.531+0.5 * 4.828-24.976
-0-0)/800
=0.17

* 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.


Bosa Technology Holdings  (HKSE:08140) 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.


Bosa Technology Holdings Net-Net Working Capital Related Terms

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Bosa Technology Holdings (HKSE:08140) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 King Yip Street, Room D, 29th Floor, King Palace Plaza, Kwun Tong Kowloon, Hong Kong, HKG
Bosa Technology Holdings Ltd is an investment holding company, and the principal activity of its subsidiaries is to provide mechanical splicing services to the reinforced concrete construction industry in Hong Kong. Its mechanical splicing services include two elements: Processing reinforcing bars and Connecting reinforcing bars by couplers. The company provides two types of reinforcing bars processing services: Servisplice and the Seisplice.
Executives
Kwan Tek Sian 2201 Interest of corporation controlled by you
Kin Sun Creative Company Ltd 2101 Beneficial owner
Ha Jasmine Nim Chi 2202 Interest of your spouse
Chan Ching 2202 Interest of your spouse
Lim Su I 2101 Beneficial owner
Yang Tien Lee 2101 Beneficial owner
Wang Yu Ju 2202 Interest of your spouse
Wang Wann Bao 2101 Beneficial owner
Wang Yu Ju 2202 Interest of your spouse
Chiu Yin Mei 2101 Beneficial owner
Chan Ching 2202 Interest of your spouse
Ng Pei Ying 2202 Interest of your spouse
Lim Paulino 2101 Beneficial owner
Yang Tien Lee 2101 Beneficial owner
Wang Wann Bao 2101 Beneficial owner

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