SUNH (Xuhang Holdings) Net-Net Working Capital: $0.25 (As of Dec. 2023)

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What is Xuhang Holdings Net-Net Working Capital?

Xuhang Holdings SUNH Net-Net Working Capital is $0.25 as of Dec. 2023.

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.

Xuhang Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $0.25.

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

SUNH's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.44
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Xuhang Holdings  (NAS:SUNH) 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.


Xuhang Holdings Net-Net Working Capital Related Terms


Xuhang Holdings Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Xuhang Holdings'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.

Xuhang Holdings Net-Net Working Capital Chart

Xuhang Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-0.25 0.07 0.21 0.25

Xuhang Holdings Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial 0.07 0.16 0.21 0.36 0.25

SUNH vs : Net-Net Working Capital Comparison

For the Advertising Agencies subindustry, Xuhang Holdings'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.


Xuhang Holdings Price-to-Net-Net-Working-Capital vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Xuhang Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Xuhang Holdings Net-Net Working Capital Calculation

Xuhang Holdings'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)
=(28.878+0.75 * 26.885+0.5 * 0.08-27.926
-0-6.206)/60.805
=0.25

Xuhang Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(28.878+0.75 * 26.885+0.5 * 0.08-27.926
-0-6.206)/60.805
=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.

What does a Net-Net Working Capital of $0.25 mean?
Xuhang Holdings (SUNH) has a Net-Net Working Capital of $0.25 as of Dec. 2023. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Xuhang Holdings
Is Xuhang Holdings' Net-Net Working Capital too high?
Xuhang Holdings' current Net-Net Working Capital is $0.25. The Media - Diversified industry median Net-Net Working Capital is 4.44. Xuhang Holdings' value of $0.25 is 94.4% below this industry median.
How does Xuhang Holdings' Net-Net Working Capital compare to ?
Xuhang Holdings' Net-Net Working Capital of $0.25 can be compared against companies in the Media - Diversified industry. The industry median Net-Net Working Capital is 4.44. Xuhang Holdings' value of $0.25 is 94.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.44, based on 385 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Xuhang Holdings's current Net-Net Working Capital of $0.25 is 94.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Xuhang Holdings For the Media - Diversified industry, the median Net-Net Working Capital is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xuhang Holdings's current Net-Net Working Capital is $0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuhang Holdings stock overvalued right now?
Xuhang Holdings (SUNH) has a current Net-Net Working Capital of $0.25. The current Net-Net Working Capital is $0.25 and 94.4% below the Media - Diversified industry median of 4.44. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Xuhang Holdings (SUNH), the current Net-Net Working Capital is $0.25 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Xuhang Holdings Business Description

Comparable Companies
Address 198 Shenban Road, Building 2, Shangtanghe 198 Cultural and Creative Park, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310000
Xuhang Holdings Ltd is principally engaged in new media-integrated content marketing services and digital advertising services through its subsidiaries. It offers services such as creative marketing services, online-offline-linkage marketing activity services, live-streaming services and digital product services. Also, Xuhang provides online traffic services to large internet media platforms by generating or directing user traffic to those media platforms through editing and producing captivating short videos.