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Kanger International Bhd (XKLS:0170) Net-Net Working Capital : RM0.02 (As of Mar. 2025)


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What is Kanger International Bhd 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.

Kanger International Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2025 was RM0.02.

The industry rank for Kanger International Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:0170's Price-to-Net-Net-Working-Capital is ranked better than
72% of 75 companies
in the Forest Products industry
Industry Median: 4.21 vs XKLS:0170: 1.75

Kanger International Bhd Net-Net Working Capital Historical Data

The historical data trend for Kanger International Bhd'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.

Kanger International Bhd Net-Net Working Capital Chart

Kanger International Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar21 Mar22 Sep24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 -0.52 -0.23 0.08 0.01

Kanger International Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 0.02 0.01 0.01 0.02 0.02

Competitive Comparison of Kanger International Bhd's Net-Net Working Capital

For the Lumber & Wood Production subindustry, Kanger International Bhd'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.


Kanger International Bhd's Price-to-Net-Net-Working-Capital Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kanger International Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Kanger International Bhd's Price-to-Net-Net-Working-Capital falls into.


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Kanger International Bhd Net-Net Working Capital Calculation

Kanger International Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2024 is calculated as

Net-Net Working Capital(A: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.274+0.75 * 26.921+0.5 * 0-16.174
-0-0)/761.581
=0.01

Kanger International Bhd'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)
=(0.081+0.75 * 36.086+0.5 * 0-10.559
-0-0)/883.898
=0.02

* 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.


Kanger International Bhd  (XKLS:0170) 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.


Kanger International Bhd Net-Net Working Capital Related Terms

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Kanger International Bhd Business Description

Traded in Other Exchanges
N/A
Address
Taman Perindustrian Alfa Impian, No. 1 & 3, Jalan Alfa Impian 2, Balakong, Kuala Lumpur, SGR, MYS, 43000
Kanger International Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the segments of Investment Holding, Manufacturing, trading and project management services. It generates maximum revenue from the Manufacturing, trading and project management services segment which includes, manufacturing and trading of bamboo flooring and healthcare products and project management consultancy services. Geographically, it derives a majority of revenue from Malaysia.

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