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Jinli Group HoldingsTPE:8429 +0.33%72 Net-Net Working Capital is NT$30.47 as of Mar. 2026. GuruFocus rates TPE:8429 with a GF Score™ of 72/100 and a GF Value™ of NT$6.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 367 Manufacturing - Apparel & Accessories companies, Jinli Group Holdings ranks better than 99.18% on this metric.
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.
Jinli Group Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2026 was NT$30.47.
The industry rank for Jinli Group Holdings's Net-Net Working Capital or its related term are showing as below:
TPE:8429's Price-to-Net-Net-Working-Capital is ranked better than 99.18% of 367
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.73
vs TPE:8429: 0.20
Jinli Group Holdings (TPE:8429) 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.
Jinli Group Holdings Net-Net Working Capital Related Terms
Jinli Group Holdings Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Jinli Group Holdings'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.
Jinli Group Holdings Net-Net Working Capital Chart
TPE:8429 vs RL, LEVI, VFC: Net-Net Working Capital Comparison
For the Apparel Manufacturing subindustry, Jinli Group Holdings'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.
Jinli Group Holdings Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jinli Group Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Jinli Group Holdings's Price-to-Net-Net-Working-Capital falls into.
* 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.
What does a Net-Net Working Capital of NT$30.47 mean?
Jinli Group Holdings (TPE:8429) has a Net-Net Working Capital of NT$30.47 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Jinli Group Holdings According to the industry distribution chart, Jinli Group Holdings ranks #3 out of 367 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.8%.
Is Jinli Group Holdings' Net-Net Working Capital too high?
Jinli Group Holdings' current Net-Net Working Capital is NT$30.47. Based on the distribution chart, Jinli Group Holdings ranks #3 out of 367 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Jinli Group Holdings has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinli Group Holdings' Net-Net Working Capital compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jinli Group Holdings ranks #3 out of 367 companies for Net-Net Working Capital. This places Jinli Group Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.73, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Jinli Group Holdings For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinli Group Holdings's current Net-Net Working Capital is NT$30.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinli Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Jinli Group Holdings (TPE:8429) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$6.99, compared to a current price of NT$6.05 — trading 13.4% below its estimated fair value. The current Net-Net Working Capital is NT$30.47. Jinli Group Holdings' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Jinli Group Holdings (TPE:8429), the current Net-Net Working Capital is NT$30.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jinli Group Holdings (TPE:8429) Overvalued in 2026?
Based on GuruFocus' analysis, Jinli Group Holdings stock appears to be undervalued.
The current stock price of NT$6.05 is trading 13.4% below its estimated GF Value™ of NT$6.99.
GuruFocus considers Jinli Group Holdings to be Modestly Undervalued.
Key valuation signals for TPE:8429:
Net-Net Working Capital: NT$30.47
GF Value™: NT$6.99 vs. price of NT$6.05 (13.4% below fair value)
No single metric tells the full story. See the TPE:8429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jinli Group Holdings Ltd through its subsidiaries is engaged in the manufacture, processing, and sale of clothing and footwear. The company's operating segment includes Clothing and footwear and Cosmetics. The company generates maximum revenue from the Clothing and footwear segment that includes manufacture of denim clothing, casual shoes, jeans, and other related products. Cosmetics segments include the manufacture and sales of masks and cosmetics. Geographically, it derives a majority of its revenue from China.
72GF Score
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