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Guangxi Wuzhou Zhongheng Group Co (SHSE:600252) Net-Net Working Capital : ¥0.03 (As of Mar. 2025)


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What is Guangxi Wuzhou Zhongheng 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.

Guangxi Wuzhou Zhongheng Group Co's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥0.03.

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

SHSE:600252's Price-to-Net-Net-Working-Capital is ranked worse than
94.01% of 401 companies
in the Drug Manufacturers industry
Industry Median: 7.7 vs SHSE:600252: 87.00

Guangxi Wuzhou Zhongheng Group Co Net-Net Working Capital Historical Data

The historical data trend for Guangxi Wuzhou Zhongheng 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.

Guangxi Wuzhou Zhongheng Group Co Net-Net Working Capital Chart

Guangxi Wuzhou Zhongheng Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.01 -0.02 -0.13 -0.01

Guangxi Wuzhou Zhongheng Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.07 -0.10 0.01 -0.01 0.03

Competitive Comparison of Guangxi Wuzhou Zhongheng Group Co's Net-Net Working Capital

For the Drug Manufacturers - Specialty & Generic subindustry, Guangxi Wuzhou Zhongheng 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.


Guangxi Wuzhou Zhongheng Group Co's Price-to-Net-Net-Working-Capital Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Guangxi Wuzhou Zhongheng Group Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Guangxi Wuzhou Zhongheng Group Co Net-Net Working Capital Calculation

Guangxi Wuzhou Zhongheng 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)
=(4145.008+0.75 * 523.668+0.5 * 795.097-3464.283
-0-1491.996)/3354.322
=-0.01

Guangxi Wuzhou Zhongheng Group Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4150.998+0.75 * 749.502+0.5 * 726.208-3500.477
-0-1482.739)/3313.346
=0.03

* 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.


Guangxi Wuzhou Zhongheng Group Co  (SHSE:600252) 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.


Guangxi Wuzhou Zhongheng Group Co Net-Net Working Capital Related Terms

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Guangxi Wuzhou Zhongheng Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Industrial Avenue, Wuzhou Industrial Park, Guangxi, Wuzhou, CHN, 543002
Guangxi Wuzhou Zhongheng Group Co Ltd is a Chinese company engaged in the production of Chinese medicines. The company is also involved in real estate and health foods.
Executives
Ni Yi Dong Directors, senior managers
Xiao Lin senior management
Wang Xiang Yong senior management
Chen Ming senior management
Peng Wei Min senior management
Liang Jian Sheng Director
Yi Wan Wei senior management
Zhong Min senior management
Cai Sheng Lin Supervisors
Jiang Cheng Hou Director
Li Han Nan Supervisors
Liu Wei Xiang Director
Xie Wei Xiang senior management
Li Jian Guo senior management
Zhao Xue Wei Director

Guangxi Wuzhou Zhongheng Group Co Headlines

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