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Ho Wah Genting Bhd (XKLS:9601) Net-Net Working Capital : RM-0.04 (As of Mar. 2025)


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What is Ho Wah Genting 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.

Ho Wah Genting Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2025 was RM-0.04.

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

XKLS:9601's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.395
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Ho Wah Genting Bhd Net-Net Working Capital Historical Data

The historical data trend for Ho Wah Genting 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.

Ho Wah Genting Bhd Net-Net Working Capital Chart

Ho Wah Genting Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Apr22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.23 -0.18 0.04 0.04

Ho Wah Genting Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 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 0.05 -0.01 0.06 0.04 -0.04

Competitive Comparison of Ho Wah Genting Bhd's Net-Net Working Capital

For the Electrical Equipment & Parts subindustry, Ho Wah Genting 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.


Ho Wah Genting Bhd's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ho Wah Genting Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Ho Wah Genting Bhd's Price-to-Net-Net-Working-Capital falls into.


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Ho Wah Genting Bhd Net-Net Working Capital Calculation

Ho Wah Genting Bhd'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)
=(13.552+0.75 * 31.568+0.5 * 53.997-56.198
-0-0)/205.547
=0.04

Ho Wah Genting 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)
=(15.927+0.75 * 26.929+0.5 * 71.918-80.066
-0-0.212)/205.547
=-0.04

* 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.


Ho Wah Genting Bhd  (XKLS:9601) 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.


Ho Wah Genting Bhd Net-Net Working Capital Related Terms

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Ho Wah Genting Bhd Business Description

Traded in Other Exchanges
N/A
Address
G3A03, Block G, Phileo Damansara 1, No. 9, Jalan 16/11 off Jalan Damansara, Petaling Jaya, SGR, MYS, 46350
Ho Wah Genting Bhd is an integrated manufacturer engaged in manufacturing of wires and cables, power supply cord sets, and moulded cable assemblies for original equipment manufacturers (OEM) of electrical and electronic devices and for original design manufacturers (ODM). Its segments include Investment engaged in investment in properties and investment by the holding company; Moulded power supply cord sets engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment; and Healthcare engaged in healthcare related businesses which includes the health supplement, biotechnology and healthcare technology sub-segment.

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