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Kingwisoft Technology Group Co (HKSE:08295) Net-Net Working Capital : HK$0.02 (As of Sep. 2024)


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What is Kingwisoft Technology 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.

Kingwisoft Technology Group Co's Net-Net Working Capital for the quarter that ended in Sep. 2024 was HK$0.02.

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

HKSE:08295's Price-to-Net-Net-Working-Capital is ranked better than
80.29% of 279 companies
in the Capital Markets industry
Industry Median: 6 vs HKSE:08295: 2.05

Kingwisoft Technology Group Co Net-Net Working Capital Historical Data

The historical data trend for Kingwisoft Technology 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.

Kingwisoft Technology Group Co Net-Net Working Capital Chart

Kingwisoft Technology Group Co Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.01 -0.02 0.03 0.03

Kingwisoft Technology Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 0.03 - 0.03 0.03 0.02

Competitive Comparison of Kingwisoft Technology Group Co's Net-Net Working Capital

For the Capital Markets subindustry, Kingwisoft Technology 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.


Kingwisoft Technology Group Co's Price-to-Net-Net-Working-Capital Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kingwisoft Technology Group Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Kingwisoft Technology Group Co Net-Net Working Capital Calculation

Kingwisoft Technology Group Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(95.035+0.75 * 725.875+0.5 * 0.026-497.085
-0-4.443)/4776.02
=0.03

Kingwisoft Technology Group Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(98.983+0.75 * 662.136+0.5 * 0.091-495.069
-0-6.008)/4776.02
=0.02

* 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.


Kingwisoft Technology Group Co  (HKSE:08295) 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.


Kingwisoft Technology Group Co Net-Net Working Capital Related Terms

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Kingwisoft Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
33 Hysan Avenue, Room 1204, 12th Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG
Kingwisoft Technology Group Co Ltd through its subsidiaries engages in investment holding, provision of back-office services primarily provision of customer service solutions, comprehensive marketing services, data center services, corporate advisory services, investment advisory, asset management services, proprietary investments, and money lending. It operates in two segments: Value-added telecommunication and related services and Financial services. The Value-added telecommunication and related services segment that derives the majority of revenue engages in the provision of value-added telecommunications and related services, including back-office services, comprehensive marketing services, and data center services.
Executives
Hu Shi Long
Xie Zhikun 2201 Interest of corporation controlled by you
Zhong Zhi Ze Yun Capital Company Limited 2201 Interest of corporation controlled by you
Ninego Corporation 2101 Beneficial owner
Gfly Ltd 2101 Beneficial owner
Lvyy Cayman Limited 2201 Interest of corporation controlled by you
Lvyy Holding Limited 2201 Interest of corporation controlled by you
Lyu Wenyang 2201 Interest of corporation controlled by you
Tian Xi Capital Company Limited 2201 Interest of corporation controlled by you
Liu Ying Ying 2201 Interest of corporation controlled by you
Zhong Hai Cheng Feng Bei Jing Zi Ben Guan Li You Xian Gong Si 2101 Beneficial owner
Zhong Zhi Zi Ben Guan Li You Xian Gong Si 2101 Beneficial owner
Zhong Hai Cheng Rong Bei Jing Zi Ben Guan Li You Xian Gong Si 2101 Beneficial owner

Kingwisoft Technology Group Co Headlines

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