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Beijing Enlight Media Co (SZSE:300251) Net-Net Working Capital : ¥1.16 (As of Mar. 2025)


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What is Beijing Enlight Media 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 Enlight Media Co's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥1.16.

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

SZSE:300251's Price-to-Net-Net-Working-Capital is ranked worse than
82.62% of 374 companies
in the Media - Diversified industry
Industry Median: 5.38 vs SZSE:300251: 17.59

Beijing Enlight Media Co Net-Net Working Capital Historical Data

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

Beijing Enlight Media 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 0.73 0.97 0.67 0.79 0.84

Beijing Enlight Media 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 0.91 0.89 0.92 0.84 1.16

Competitive Comparison of Beijing Enlight Media Co's Net-Net Working Capital

For the Entertainment subindustry, Beijing Enlight Media 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 Enlight Media Co's Price-to-Net-Net-Working-Capital Distribution in the Media - Diversified Industry

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

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


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Beijing Enlight Media Co Net-Net Working Capital Calculation

Beijing Enlight Media 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)
=(2654.467+0.75 * 167.884+0.5 * 1286.12-956.604
-0-7.262)/2933.608
=0.84

Beijing Enlight Media 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)
=(6552.32+0.75 * 802.079+0.5 * 1041.206-4278.208
-0-6.537)/2933.608
=1.16

* 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 Enlight Media Co  (SZSE:300251) 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 Enlight Media Co Net-Net Working Capital Related Terms

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Beijing Enlight Media Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Hepingli East Street, 3rd Floor, Building 3, Dongcheng District, Beijing, CHN, 100013
Beijing Enlight Media Co Ltd is a China-based company engages in the provision of multimedia video content services. Its main business is TV programs and film investment, making and distributing. TV programs including regular TV programs and acting activities broadcasted on television. Acting activities generally are broadcasted on television, belonging to the special type of TV program and drama series.
Executives
Li Xiao Ping Directors, executives
Ceng Yan Executives
Yuan Ruo Wei Supervisors
Wang Zhang Tian Directors, executives
Wang Jian Executives
Li De Lai Directors, executives
Zhang Hang Supervisors
Bao Fan Director

Beijing Enlight Media Co Headlines

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