GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiyue Daotian Group Co Ltd (HKSE:09676) » Definitions » Net-Net Working Capital

Shiyue Daotian Group Co (HKSE:09676) Net-Net Working Capital : HK$0.62 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shiyue Daotian 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.

Shiyue Daotian Group Co's Net-Net Working Capital for the quarter that ended in Dec. 2024 was HK$0.62.

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

HKSE:09676's Price-to-Net-Net-Working-Capital is ranked worse than
62.77% of 607 companies
in the Consumer Packaged Goods industry
Industry Median: 6.93 vs HKSE:09676: 10.19

Shiyue Daotian Group Co Net-Net Working Capital Historical Data

The historical data trend for Shiyue Daotian 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.

Shiyue Daotian Group Co Net-Net Working Capital Chart

Shiyue Daotian Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
-0.43 -1.25 -2.16 1.12 0.62

Shiyue Daotian Group Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Net-Net Working Capital Get a 7-Day Free Trial -2.16 - 1.12 0.87 0.62

Competitive Comparison of Shiyue Daotian Group Co's Net-Net Working Capital

For the Packaged Foods subindustry, Shiyue Daotian 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.

Shiyue Daotian Group Co's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

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

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


;
;

Shiyue Daotian Group Co Net-Net Working Capital Calculation

Shiyue Daotian Group Co'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)
=(761.22+0.75 * 402.966+0.5 * 1452.214-1130.716
-0-0)/1068.153
=0.62

Shiyue Daotian Group Co'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)
=(761.22+0.75 * 402.966+0.5 * 1452.214-1130.716
-0-0)/1068.153
=0.62

* 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.

Shiyue Daotian Group Co  (HKSE:09676) 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.

Shiyue Daotian Group Co Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Shiyue Daotian Group Co's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.

Shiyue Daotian Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiyue Daotian Group Co Ltd (HKSE:09676) » Definitions » Net-Net Working Capital
Comparable Companies
HKSE:01610 HKSE:01475 HKSE:01458 HKSE:02517 HKSE:01112 HKSE:06683 HKSE:00345 HKSE:01717 HKSE:06868 HKSE:01497 XSWX:NESN XPAR:BN SHSE:603288 KHC GIS K NSE:NESTLEIND SHSE:600887 TSE:2802 SZSE:300999
Traded in Other Exchanges
N/A
Address
Yisha Wenxin Plaza, 2nd Floor, Building A, Chaoyang, Beijing, CHN
Website
https://www.shiyuedaotian.com
Shiyue Daotian Group Co Ltd is a Chinese pantry staple food company that offers pre-packaged rice, corn, whole grains, beans, and dried food products. The company has three main segments which include Rice Products: in this division makes different types of packaged rice, Corn products produces pre-packaged corn products, Whole Grain, Bean, and Other Products in which produce packaged mixes of brown rice, millet, red beans, sesame, and more, and Dried Food and Other Products in this segment handles packaged dried mushrooms, lotus seeds, and related by-products such as bran and husk.
Executives
Genbridge Capital Fund I Gp, Ltd.
Genbridge Capital Fund I, L.p.
Genbridge Capital Partners, Ltd.
Cheuk Hiu Kwong
Generation Sigma Investment Ltd.
Li Mao Chun
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Liu Qiangdong Richard 2305 Beneficiary of a trust
Max Smart Limited 2201 Interest of corporation controlled by you
Jd.com, Inc. 2201 Interest of corporation controlled by you
Mubadala Investment Company P.j.s.c
Mic Capital Management 81 Rsc Ltd
Mic Capital Management (restricted) 7 Ltd
Shen Yang Sheng Xin Qi Ye Guan Li Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Yang Shi Yue Dao Tian Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo 2101 Beneficial owner

Shiyue Daotian Group Co Headlines

No Headlines