GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Beijing Yuanlong Yato Culture Dissemination Co Ltd (SZSE:002878) » Definitions » Net-Net Working Capital

Beijing Yuanlong Yato Culture Dissemination Co (SZSE:002878) Net-Net Working Capital : ¥1.66 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Beijing Yuanlong Yato Culture Dissemination 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.

Beijing Yuanlong Yato Culture Dissemination Co's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ¥1.66.

The industry rank for Beijing Yuanlong Yato Culture Dissemination Co's Net-Net Working Capital or its related term are showing as below:

SZSE:002878's Price-to-Net-Net-Working-Capital is ranked worse than
65.24% of 374 companies
in the Media - Diversified industry
Industry Median: 4.665 vs SZSE:002878: 7.46

Beijing Yuanlong Yato Culture Dissemination Co Net-Net Working Capital Historical Data

The historical data trend for Beijing Yuanlong Yato Culture Dissemination 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.

Beijing Yuanlong Yato Culture Dissemination Co Net-Net Working Capital Chart

Beijing Yuanlong Yato Culture Dissemination Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.93 0.71 1.33 2.88

Beijing Yuanlong Yato Culture Dissemination Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.37 0.57 0.29 2.88 1.66

Competitive Comparison of Beijing Yuanlong Yato Culture Dissemination Co's Net-Net Working Capital

For the Advertising Agencies subindustry, Beijing Yuanlong Yato Culture Dissemination 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.


Beijing Yuanlong Yato Culture Dissemination Co's Price-to-Net-Net-Working-Capital Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Yuanlong Yato Culture Dissemination Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Beijing Yuanlong Yato Culture Dissemination Co's Price-to-Net-Net-Working-Capital falls into.



Beijing Yuanlong Yato Culture Dissemination Co Net-Net Working Capital Calculation

Beijing Yuanlong Yato Culture Dissemination Co'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)
=(1026.852+0.75 * 789.498+0.5 * 252.562-1075.72
-0-22.195)/224.952
=2.88

Beijing Yuanlong Yato Culture Dissemination Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(643.495+0.75 * 784.39+0.5 * 308.95-927.214
-0-24.838)/260.998
=1.66

* 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.


Beijing Yuanlong Yato Culture Dissemination Co  (SZSE:002878) 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.


Beijing Yuanlong Yato Culture Dissemination Co Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Beijing Yuanlong Yato Culture Dissemination Co's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Yuanlong Yato Culture Dissemination Co (SZSE:002878) Business Description

Traded in Other Exchanges
N/A
Address
338 Guang'anmen Inner Street, 12th Floor, Office Building, Metropark Hotel, Xicheng District, Beijing, CHN, 100053
Beijing Yuanlong Yato Culture Dissemination Co Ltd is a Chinese provider of integrated marketing services. It offers services such as marketing plan creative planning, promotional product design and development, promotional products commissioned processing and sales, promotional materials and other marketing materials logistics warehousing and distribution services, and market terminal services.
Executives
Rao Xiu Li Executives
Yue Xin Director
Wang Sheng Executives
Bian Yu Chen Directors, executives
Li Ya Supervisors
Zhao Huai Dong Executives
Xiang Jing Directors, executives
Chen Tao Executives
Sun Zhen Directors, executives
Wang Wei Director
Li Ji Dong Executives

Beijing Yuanlong Yato Culture Dissemination Co (SZSE:002878) Headlines

No Headlines