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Js Beauty Land Network Technology (Js Beauty Land Network Technology) Net-Net Working Capital : $0.25 (As of Sep. 2021)


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What is Js Beauty Land Network Technology 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.

Js Beauty Land Network Technology's Net-Net Working Capital for the quarter that ended in Sep. 2021 was $0.25.

The industry rank for Js Beauty Land Network Technology's Net-Net Working Capital or its related term are showing as below:

JSBL's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.15
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Js Beauty Land Network Technology Net-Net Working Capital Historical Data

The historical data trend for Js Beauty Land Network Technology'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.

Js Beauty Land Network Technology Net-Net Working Capital Chart

Js Beauty Land Network Technology Annual Data
Trend Dec18 Dec19 Dec20
Net-Net Working Capital
- -0.09 0.09

Js Beauty Land Network Technology Quarterly Data
Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.09 0.09 0.11 0.25

Competitive Comparison of Js Beauty Land Network Technology's Net-Net Working Capital

For the Luxury Goods subindustry, Js Beauty Land Network Technology'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.


Js Beauty Land Network Technology's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Js Beauty Land Network Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Js Beauty Land Network Technology's Price-to-Net-Net-Working-Capital falls into.



Js Beauty Land Network Technology Net-Net Working Capital Calculation

Js Beauty Land Network Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net-Net Working Capital(A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.722+0.75 * 0+0.5 * 0-0.511
-0--0.007)/2.55643
=0.09

Js Beauty Land Network Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2021 is calculated as

Net-Net Working Capital(Q: Sep. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.128+0.75 * 0+0.5 * 0-1.404
-0--0.005)/2.96936
=0.25

* 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.


Js Beauty Land Network Technology  (OTCPK:JSBL) 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.


Js Beauty Land Network Technology Net-Net Working Capital Related Terms

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Js Beauty Land Network Technology (Js Beauty Land Network Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Taihu Road, Jiangsu Province, Yancheng, CHN, 224600
Website
Js Beauty Land Network Technology Inc is engaged in the jewelry business. The firm is a Chinese retailer and wholesaler of jade stone-adorned jewelry and decoration.

Js Beauty Land Network Technology (Js Beauty Land Network Technology) Headlines

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