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Allied Sustainability And Environmental Consultants Group (HKSE:08320) Net-Net Working Capital : HK$-0.01 (As of Sep. 2023)


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What is Allied Sustainability And Environmental Consultants Group 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.

Allied Sustainability And Environmental Consultants Group's Net-Net Working Capital for the quarter that ended in Sep. 2023 was HK$-0.01.

The industry rank for Allied Sustainability And Environmental Consultants Group's Net-Net Working Capital or its related term are showing as below:

HKSE:08320's Price-to-Net-Net-Working-Capital is not ranked *
in the Waste Management industry.
Industry Median: 9
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Allied Sustainability And Environmental Consultants Group Net-Net Working Capital Historical Data

The historical data trend for Allied Sustainability And Environmental Consultants Group'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.

Allied Sustainability And Environmental Consultants Group Net-Net Working Capital Chart

Allied Sustainability And Environmental Consultants Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only 0.02 -0.01 0.02 0.01 -

Allied Sustainability And Environmental Consultants Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.01 - - - -0.01

Competitive Comparison of Allied Sustainability And Environmental Consultants Group's Net-Net Working Capital

For the Waste Management subindustry, Allied Sustainability And Environmental Consultants Group'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.


Allied Sustainability And Environmental Consultants Group's Price-to-Net-Net-Working-Capital Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Allied Sustainability And Environmental Consultants Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Allied Sustainability And Environmental Consultants Group's Price-to-Net-Net-Working-Capital falls into.



Allied Sustainability And Environmental Consultants Group Net-Net Working Capital Calculation

Allied Sustainability And Environmental Consultants Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.94+0.75 * 11.161+0.5 * 0-24.681
-0-0.022)/701.51
=-0.00

Allied Sustainability And Environmental Consultants Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.916+0.75 * 12.189+0.5 * 0-22.945
-0-0.047)/701.51
=-0.01

* 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.


Allied Sustainability And Environmental Consultants Group  (HKSE:08320) 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.


Allied Sustainability And Environmental Consultants Group Net-Net Working Capital Related Terms

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Allied Sustainability And Environmental Consultants Group (HKSE:08320) Business Description

Traded in Other Exchanges
N/A
Address
160 Gloucester Road, 27/F, Overseas Trust Bank Building, Wan Chai, Hong Kong, HKG
Allied Sustainability And Environmental Consultants Group Ltd is an environmental consulting company. The company is engaged in the provision of consultancy services relating to green building certification consultancy, sustainability and environmental consultancy, acoustics, noise and vibration control, audio-visual design consultancy, and Environmental, social, and governance reporting consultancy. The principal place of the Group's operation is mainly in Hong Kong and has a presence in Macau and the PRC also.
Executives
Kwok May Han Grace 2101 Beneficial owner
Wu Dennis Pak Kit 2202 Interest of your spouse
Choy Wei Ling 2101 Beneficial owner
Gold Investments Limited
City Beat Limited 2101 Beneficial owner
Ocean Equity Partners Fund Ii Gp Limited 2201 Interest of corporation controlled by you
Ocean Equity Partners Fund Ii L.p. 2201 Interest of corporation controlled by you

Allied Sustainability And Environmental Consultants Group (HKSE:08320) Headlines

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