GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CSBC Corp Taiwan (TPE:2208) » Definitions » Net-Net Working Capital

CSBC Taiwan (TPE:2208) Net-Net Working Capital : NT$-14.41 (As of Dec. 2024)


View and export this data going back to 2008. Start your Free Trial

What is CSBC Taiwan 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.

CSBC Taiwan's Net-Net Working Capital for the quarter that ended in Dec. 2024 was NT$-14.41.

The industry rank for CSBC Taiwan's Net-Net Working Capital or its related term are showing as below:

TPE:2208's Price-to-Net-Net-Working-Capital is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.36
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

CSBC Taiwan Net-Net Working Capital Historical Data

The historical data trend for CSBC Taiwan'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.

CSBC Taiwan Net-Net Working Capital Chart

CSBC Taiwan 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 -50.52 -25.73 -31.77 -22.07 -14.41

CSBC Taiwan Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -22.07 -12.66 -12.66 -13.70 -14.41

Competitive Comparison of CSBC Taiwan's Net-Net Working Capital

For the Aerospace & Defense subindustry, CSBC Taiwan'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.


CSBC Taiwan's Price-to-Net-Net-Working-Capital Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSBC Taiwan's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where CSBC Taiwan's Price-to-Net-Net-Working-Capital falls into.


;
;

CSBC Taiwan Net-Net Working Capital Calculation

CSBC Taiwan'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)
=(3624.648+0.75 * 673.532+0.5 * 4851.269-24947.759
-0--30.527)/1274.539
=-14.41

CSBC Taiwan's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3624.648+0.75 * 673.532+0.5 * 4851.269-24947.759
-0--30.527)/1274.539
=-14.41

* 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.


CSBC Taiwan  (TPE:2208) 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.


CSBC Taiwan Net-Net Working Capital Related Terms

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


CSBC Taiwan Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Zhonggang Road, Hsiao Kang District, Kaohsiung, TWN, 81234
CSBC Corp Taiwan is a shipbuilding company. The company organizes itself into three segments that includes construction of ships and vessels, Ship vessel repairs and all other segments. Construction of ships and vessels, which contributes to the vast majority of revenue, manufactures and repairs marine vessels, oil drilling rigs, and onshore equipment. All other segments principally include engineering machinery. The reportable operating segments derive their revenue primarily from the construction and repairing of ships and vessels. The company is headquartered in Taiwan, but generates the portion of revenue in Taiwan, followed by domestic operations.

CSBC Taiwan Headlines

No Headlines