GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Kingstrong Technology Co Ltd (SZSE:300629) » Definitions » Net-Net Working Capital

Guangdong Kingstrong Technology Co (SZSE:300629) Net-Net Working Capital : ¥1.70 (As of Mar. 2025)


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

What is Guangdong Kingstrong Technology 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.

Guangdong Kingstrong Technology Co's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ¥1.70.

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

SZSE:300629's Price-to-Net-Net-Working-Capital is ranked worse than
60.72% of 1357 companies
in the Industrial Products industry
Industry Median: 8.48 vs SZSE:300629: 12.08

Guangdong Kingstrong Technology Co Net-Net Working Capital Historical Data

The historical data trend for Guangdong Kingstrong Technology 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.

Guangdong Kingstrong Technology Co Net-Net Working Capital Chart

Guangdong Kingstrong Technology 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 0.34 1.27 1.49 2.11 1.69

Guangdong Kingstrong Technology 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 2.02 2.22 2.29 1.69 1.70

Competitive Comparison of Guangdong Kingstrong Technology Co's Net-Net Working Capital

For the Metal Fabrication subindustry, Guangdong Kingstrong Technology 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.


Guangdong Kingstrong Technology Co's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

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

* The bar in red indicates where Guangdong Kingstrong Technology Co's Price-to-Net-Net-Working-Capital falls into.


;
;

Guangdong Kingstrong Technology Co Net-Net Working Capital Calculation

Guangdong Kingstrong Technology 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)
=(254.256+0.75 * 665.105+0.5 * 97.694-334.724
-0-43.229)/251.423
=1.69

Guangdong Kingstrong Technology 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)
=(237.555+0.75 * 655.999+0.5 * 112.614-312.616
-0-45.916)/251.423
=1.70

* 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.


Guangdong Kingstrong Technology Co  (SZSE:300629) 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.


Guangdong Kingstrong Technology Co Net-Net Working Capital Related Terms

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


Guangdong Kingstrong Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Bo Jin Road, Wujin Industirial Zone, Danzao town, Office Building and Workshop, Nanhai district, Guangdong, Foshan, CHN, 528216
Guangdong Kingstrong Technology Co Ltd is a Chinese company engaged in offering superhard material products, electromagnetism, powder-metallurgy material and carbides coated composite products. The products have applications in the industry of ceramics, mine, construction, building materials, metallurgy, electricity, refractory material and military industry. The organization sells its products in China, and also exports it to the other countries. The product portfolio of the company includes diamond roller, diamond roller integrated, cylindrical wheel, and soft polishing resin sheet, among others.
Executives
Wang Gang Directors, executives
Wen Jun Director
Zhang Tian Rong Directors, executives
Dong Xue You Directors, executives
Peng Bo Director
Luo Hai Yan Executives
Wang Zhen Ming Directors, executives
Kuang Tong Chun Independent director
Hu Qun Mei Supervisors

Guangdong Kingstrong Technology Co Headlines

No Headlines