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Weiye Construction Group Co (SZSE:300621) Net-Net Working Capital : ¥-38.07 (As of Mar. 2025)


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What is Weiye Construction Group 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.

Weiye Construction Group Co's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥-38.07.

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

SZSE:300621's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.48
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Weiye Construction Group Co Net-Net Working Capital Historical Data

The historical data trend for Weiye Construction Group 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.

Weiye Construction Group Co Net-Net Working Capital Chart

Weiye Construction Group 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 -16.42 -24.84 -37.05 -40.33 -38.63

Weiye Construction Group 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 -42.80 -47.20 -44.87 -38.63 -38.07

Competitive Comparison of Weiye Construction Group Co's Net-Net Working Capital

For the Engineering & Construction subindustry, Weiye Construction Group 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.


Weiye Construction Group Co's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

For the Construction industry and Industrials sector, Weiye Construction Group Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Weiye Construction Group Co's Price-to-Net-Net-Working-Capital falls into.


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Weiye Construction Group Co Net-Net Working Capital Calculation

Weiye Construction Group 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)
=(1978.766+0.75 * 3877.352+0.5 * 596.338-13221.684
-0-0)/208.057
=-38.63

Weiye Construction Group 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)
=(1336.986+0.75 * 4005.007+0.5 * 715.387-12618.143
-0-0.12)/208.057
=-38.07

* 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.


Weiye Construction Group Co  (SZSE:300621) 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.


Weiye Construction Group Co Net-Net Working Capital Related Terms

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Weiye Construction Group Co Business Description

Traded in Other Exchanges
N/A
Address
West of Xinzhou Road, Podium of Jingzhou Building, Futian District, Guangdong Province, Shenzhen, CHN
Weiye Construction Group Co Ltd formerly Shenzhen Weiye Decoration Group Co Ltd is engaged in the field of domestic architecture decoration in China. The company mainly provides decorative design and construction services for large real estate, government agencies, large enterprises and high-end hotels. It services include building decoration works; curtain wall for building; the electrical and mechanical design consultant and intelligence service; steel structure engineering comprising industrial, civil construction and other projects.
Executives
Luo Hua Lin Executives
Shen Qian Executives
Wei Zhi Hui Executives
Zhan Feng Securities Affairs Representative
Luo Lie Fa Director
Luo Xi Bin Executives
Li Jian Qiang Directors, executives
Hu Jian Feng Executives
Peng Jin Cui Director
Zhang Ji Jun Directors, Directors, and Executives

Weiye Construction Group Co Headlines

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