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Longwen Group (Longwen Group) Net-Net Working Capital : $0.00 (As of Mar. 2024)


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What is Longwen 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.

Longwen Group's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $0.00.

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

LWLW's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.55
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Longwen Group Net-Net Working Capital Historical Data

The historical data trend for Longwen 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.

Longwen Group Net-Net Working Capital Chart

Longwen Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.24 - - -0.01

Longwen Group Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Longwen Group's Net-Net Working Capital

For the Consulting Services subindustry, Longwen 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.


Longwen Group's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Longwen Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Longwen Group Net-Net Working Capital Calculation

Longwen Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.018+0.75 * 0+0.5 * 0.04-0.92
-0-0)/78.7751
=-0.01

Longwen Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.035+0.75 * 0+0.5 * 0.044-0.208
-0-0)/79.6762
=-0.00

* 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.


Longwen Group  (OTCPK:LWLW) 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.


Longwen Group Net-Net Working Capital Related Terms

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Longwen Group (Longwen Group) Business Description

Traded in Other Exchanges
N/A
Address
Room 219, No. 25, Caihe Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310002
Longwen Group Corp is engaged in project development and management and to provide consulting services in cultural fields, including antique project promotion and development, traditional magazine project cooperation and development, the marketing and development of audio and visual products, etc.
Executives
Douglas P Martin 10 percent owner 26 KING ST, ST PACOME, QUEBEC CANADA A1 9999999999

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