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Sunsea AIot Technology Co (SZSE:002313) Net-Net Working Capital : ¥-5.63 (As of Mar. 2025)


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What is Sunsea AIot Technology 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.

Sunsea AIot Technology Co's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥-5.63.

The industry rank for Sunsea AIot Technology Co's Net-Net Working Capital or its related term are showing as below:

SZSE:002313's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 7.29
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sunsea AIot Technology Co Net-Net Working Capital Historical Data

The historical data trend for Sunsea AIot Technology 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.

Sunsea AIot Technology Co Net-Net Working Capital Chart

Sunsea AIot Technology 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 -4.17 -5.91 -6.36 -5.86 -5.68

Sunsea AIot Technology 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 -5.76 -5.98 -6.06 -5.68 -5.63

Competitive Comparison of Sunsea AIot Technology Co's Net-Net Working Capital

For the Communication Equipment subindustry, Sunsea AIot Technology 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.


Sunsea AIot Technology Co's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sunsea AIot Technology Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Sunsea AIot Technology Co's Price-to-Net-Net-Working-Capital falls into.


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Sunsea AIot Technology Co Net-Net Working Capital Calculation

Sunsea AIot Technology 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)
=(281.325+0.75 * 881.868+0.5 * 361.322-3253.759
-0--4.917)/374.400
=-5.68

Sunsea AIot Technology 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)
=(353.484+0.75 * 769.781+0.5 * 354.303-3221.532
-0--4.905)/374.400
=-5.63

* 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.


Sunsea AIot Technology Co  (SZSE:002313) 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.


Sunsea AIot Technology Co Net-Net Working Capital Related Terms

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Sunsea AIot Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 198, Daxin Road, 17th Floor, Majialong Innovation Building, Nanshan District, Shenzhen, CHN, 518057
Sunsea AIot Technology Co Ltd is engaged in providing end-to-end Internet of Things (IoT) products and services to global customers. The group offers services to telecom operators, ICT equipment vendors, system integrators, and enterprise customers. The solution and products offered by the company includes IoT terminals, IoT cloud platforms, IoT multi-industry solutions, communications network infrastructure and communications services. geographically it holds research and development centers in China major cities such as Shenzhen, Shanghai and Xi'an, and has sales outlets in domestic capital cities and in Sweden, Italy, Thailand, and other countries.
Executives
Luo Xiao Yan Executives
Yuan Shu Executives
Fang Ling Ling Securities Affairs Representative
Peng Jian Director
He Mei Qin Executives
Li Wei Directors, Directors, and Executives
Liu Ping Director
Meng Xiang Yun Supervisors
Wu Yong Ping Secretary, Director
Chen Xu Hong Director
Dong Wei Independent director
Zhou Zhan Hong Director
Wang Yan Supervisors

Sunsea AIot Technology Co Headlines

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