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Nantong Jianghai Capacitor Co (SZSE:002484) Net-Net Working Capital : ¥1.59 (As of Mar. 2025)


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What is Nantong Jianghai Capacitor 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.

Nantong Jianghai Capacitor Co's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥1.59.

The industry rank for Nantong Jianghai Capacitor Co's Net-Net Working Capital or its related term are showing as below:

SZSE:002484's Price-to-Net-Net-Working-Capital is ranked worse than
59.37% of 1356 companies
in the Industrial Products industry
Industry Median: 8.375 vs SZSE:002484: 11.48

Nantong Jianghai Capacitor Co Net-Net Working Capital Historical Data

The historical data trend for Nantong Jianghai Capacitor 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.

Nantong Jianghai Capacitor Co Net-Net Working Capital Chart

Nantong Jianghai Capacitor 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 0.82 0.87 0.97 1.29 1.73

Nantong Jianghai Capacitor 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 1.21 1.22 1.35 1.73 1.59

Competitive Comparison of Nantong Jianghai Capacitor Co's Net-Net Working Capital

For the Electrical Equipment & Parts subindustry, Nantong Jianghai Capacitor 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.


Nantong Jianghai Capacitor Co's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

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

* The bar in red indicates where Nantong Jianghai Capacitor Co's Price-to-Net-Net-Working-Capital falls into.


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Nantong Jianghai Capacitor Co Net-Net Working Capital Calculation

Nantong Jianghai Capacitor 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)
=(1304.375+0.75 * 1679.745+0.5 * 1029.976-1569.12
-0-40.901)/850.524
=1.73

Nantong Jianghai Capacitor 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)
=(1397.508+0.75 * 1668.815+0.5 * 1280.089-1895.661
-0-41.823)/850.524
=1.59

* 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.


Nantong Jianghai Capacitor Co  (SZSE:002484) 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.


Nantong Jianghai Capacitor Co Net-Net Working Capital Related Terms

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Nantong Jianghai Capacitor Co Business Description

Traded in Other Exchanges
N/A
Address
No.79 Tongyang South Road, Pingchao Town, Nantong, Jiangsu, CHN, 226361
Nantong Jianghai Capacitor Co Ltd is mainly engaged in the manufacture, sales, and service of capacitors, related materials, and accessories. Its products include aluminum electrolytic capacitor, film capacitor, a super capacitor. The company's products are used in various fields, including industrial automation, power supply, consumer electronics, lifting equipment, transportation, and new energy sectors.
Executives
Lu Jun Directors, executives
Shao Guo Zhu Executives
Ding Ji Hua Directors, executives
Gu Hong Zhong Executives
Gu Yi Ming Executives
Wang Jun Executives
Xu Yong Hua Executives
Wang Han Ming Directors, executives
Xu You Long Independent director
Song Guo Hua Supervisors
Chen Wei Dong Director
Shao Mei Juan Supervisors
Chen Zhong Yi Independent director
Cheng Zhi Ming Independent director

Nantong Jianghai Capacitor Co Headlines

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