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Beijing eGova Co (SZSE:300075) Net-Net Working Capital : ¥2.88 (As of Mar. 2025)


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What is Beijing eGova 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 eGova Co's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥2.88.

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

SZSE:300075's Price-to-Net-Net-Working-Capital is ranked better than
60.87% of 1270 companies
in the Software industry
Industry Median: 8.71 vs SZSE:300075: 6.00

Beijing eGova Co Net-Net Working Capital Historical Data

The historical data trend for Beijing eGova 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 eGova Co Net-Net Working Capital Chart

Beijing eGova 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 2.69 3.10 3.32 3.75 3.24

Beijing eGova 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 3.75 3.53 3.44 3.24 2.88

Competitive Comparison of Beijing eGova Co's Net-Net Working Capital

For the Software - Application subindustry, Beijing eGova 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 eGova Co's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Beijing eGova Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Beijing eGova Co Net-Net Working Capital Calculation

Beijing eGova 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)
=(1748.901+0.75 * 1386.562+0.5 * 117.959-823.944
-0-10.276)/621.130
=3.24

Beijing eGova 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)
=(1418.477+0.75 * 1394.073+0.5 * 106.417-717.464
-0-10.24)/621.130
=2.88

* 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 eGova Co  (SZSE:300075) 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 eGova Co Net-Net Working Capital Related Terms

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Beijing eGova Co Business Description

Traded in Other Exchanges
N/A
Address
No 42 Xizhimen Energy Building North Street, 8th Floor Block A, Haidian, Beijing, CHN, 100082
Beijing eGova Co Ltd is a high-tech software company. It provides solutions in the digital city management, innovation and social management, intelligent transportation, and safe city fields in China. The company offers digital city management software and a grid of social service management systems; digital law enforcement management software and systems; three-dimensional imaging and mobile road measurement systems.
Executives
Qiu Lu Min Directors, executives
Wang Dong Directors, executives
Feng Zhang Hao Executives
Wang Hong Shen Directors, executives
Li Xin Supervisors
Wu Qiang Hua Director
Hu Huan Yu Director
Yin Xiao Min Executives
Zhu Hua Directors, executives
Xu Fei Supervisors, securities affairs representatives
Liu Xian Lin Independent director
Li Guo Zhong Director
Xu Xin Directors, executives
Zhang Lei Supervisors

Beijing eGova Co Headlines

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