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Shenzhen Hopewind Electric Co (SHSE:603063) Net-Net Working Capital : ¥0.76 (As of Mar. 2025)


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What is Shenzhen Hopewind Electric 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.

Shenzhen Hopewind Electric Co's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥0.76.

The industry rank for Shenzhen Hopewind Electric Co's Net-Net Working Capital or its related term are showing as below:

SHSE:603063's Price-to-Net-Net-Working-Capital is ranked worse than
87.25% of 1357 companies
in the Industrial Products industry
Industry Median: 8.38 vs SHSE:603063: 39.08

Shenzhen Hopewind Electric Co Net-Net Working Capital Historical Data

The historical data trend for Shenzhen Hopewind Electric 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.

Shenzhen Hopewind Electric Co Net-Net Working Capital Chart

Shenzhen Hopewind Electric 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 0.95 -0.26 0.30 0.03 0.29

Shenzhen Hopewind Electric 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 -0.49 -0.14 0.06 0.29 0.76

Competitive Comparison of Shenzhen Hopewind Electric Co's Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Shenzhen Hopewind Electric 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.


Shenzhen Hopewind Electric Co's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Hopewind Electric Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Shenzhen Hopewind Electric Co's Price-to-Net-Net-Working-Capital falls into.


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Shenzhen Hopewind Electric Co Net-Net Working Capital Calculation

Shenzhen Hopewind Electric 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)
=(1758.741+0.75 * 2149.672+0.5 * 817.634-3548.651
-0-100.464)/444.005
=0.29

Shenzhen Hopewind Electric 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)
=(1937.474+0.75 * 2115.298+0.5 * 902.626-3530.066
-0-101.321)/452.736
=0.76

* 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.


Shenzhen Hopewind Electric Co  (SHSE:603063) 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.


Shenzhen Hopewind Electric Co Net-Net Working Capital Related Terms

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Shenzhen Hopewind Electric Co Business Description

Traded in Other Exchanges
N/A
Address
Building 11, Guanlong No.2 Industry Park, Xili Town, Nanshan District, Shenzhen, CHN, 518055
Shenzhen Hopewind Electric Co Ltd focuses on the research and development, manufacture, sales and service of new energy and electric drive products. In the field of new energy, its product offering includes wind power converters, inverters, and conversion containers. Its industrial drive products are widely used in petroleum, chemical industry, and other various industrial applications. In the power quality improvement and management field, the company provides active power filter and static VAR generator and special power supply products, which are widely used in the field of telecommunication, metallurgy and petroleum industry. In the field of port, the firm provides shore power supply system. In the electric vehicle industry, Hopewind provides charging modules and battery chargers.
Executives
Liang Long Wei senior management
Wang Yao senior management
Xiao An Bo senior management
Liu Ji Zhou Directors, senior managers
Chen Wen Feng senior management
Wang Yong Director
Wu Ya Lun senior management
Xia Quan Bo senior management
Lv Yi Hang Supervisors
Li Dong Po Supervisors
Cai Hai Tao senior management
Chen Bo Yi Director
Zhou Dang Sheng Director

Shenzhen Hopewind Electric Co Headlines

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