GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Zhongtai Cryogenic Technology Corp (SZSE:300435) » Definitions » Net-Net Working Capital

Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) Net-Net Working Capital : ¥0.92 (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Hangzhou Zhongtai Cryogenic Technology 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.

Hangzhou Zhongtai Cryogenic Technology's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥0.92.

The industry rank for Hangzhou Zhongtai Cryogenic Technology's Net-Net Working Capital or its related term are showing as below:

SZSE:300435's Price-to-Net-Net-Working-Capital is ranked worse than
70.67% of 1357 companies
in the Industrial Products industry
Industry Median: 8.48 vs SZSE:300435: 16.84

Hangzhou Zhongtai Cryogenic Technology Net-Net Working Capital Historical Data

The historical data trend for Hangzhou Zhongtai Cryogenic Technology'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.

Hangzhou Zhongtai Cryogenic Technology Net-Net Working Capital Chart

Hangzhou Zhongtai Cryogenic Technology 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 0.21 0.12 -0.04 0.20 0.24

Hangzhou Zhongtai Cryogenic Technology 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 0.61 0.80 0.53 0.24 0.92

Competitive Comparison of Hangzhou Zhongtai Cryogenic Technology's Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Hangzhou Zhongtai Cryogenic Technology'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.


Hangzhou Zhongtai Cryogenic Technology's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Zhongtai Cryogenic Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Hangzhou Zhongtai Cryogenic Technology's Price-to-Net-Net-Working-Capital falls into.


;
;

Hangzhou Zhongtai Cryogenic Technology Net-Net Working Capital Calculation

Hangzhou Zhongtai Cryogenic Technology'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)
=(1013.059+0.75 * 610.248+0.5 * 371.994-1498.493
-0-66.13)/385.713
=0.24

Hangzhou Zhongtai Cryogenic Technology'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)
=(1132.542+0.75 * 522.719+0.5 * 368.423-1285.422
-0-67.108)/385.713
=0.92

* 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.


Hangzhou Zhongtai Cryogenic Technology  (SZSE:300435) 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.


Hangzhou Zhongtai Cryogenic Technology Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Hangzhou Zhongtai Cryogenic Technology's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou Zhongtai Cryogenic Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 228, Zhejiang Dongzhou Golf Road, Fuyang, CHN, 311402
Hangzhou Zhongtai Cryogenic Technology Corp is a technology equipment and solution supplier. Its a provider of cryogenic technology processes and equipment. Its main business is process development, equipment design, manufacturing and sales of cryogenic technology. Its products are plate-fin heat exchangers, cold boxes and complete sets of equipment, including natural gas liquefaction equipment, air separation complete sets, carbon monoxide/hydrogen separation equipment.
Executives
Fang Jun Jie Supervisors
Zhang You Hu Directors, executives
Chen Huan Qin Director
Zhong Xiao Long Directors, executives
Zhou Juan Ping Secretary Dong
Tang Wei Executives
Yu Fu Can Director
Yu Xiao Liang Supervisors
Bian Chuan Rui Directors, executives
Lei Hao Supervisors
Zhang Guo Xing Directors, executives
Wang Jin Directors, executives
Jiang Yi Ming Supervisors
Lv Cheng Ying Executives

Hangzhou Zhongtai Cryogenic Technology Headlines

No Headlines