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Yong Bai Chao New Retail (Yong Bai Chao New Retail) Net-Net Working Capital : $0.00 (As of Mar. 2024)


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What is Yong Bai Chao New Retail 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.

Yong Bai Chao New Retail's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $0.00.

The industry rank for Yong Bai Chao New Retail's Net-Net Working Capital or its related term are showing as below:

YBCN's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.71
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Yong Bai Chao New Retail Net-Net Working Capital Historical Data

The historical data trend for Yong Bai Chao New Retail'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.

Yong Bai Chao New Retail Net-Net Working Capital Chart

Yong Bai Chao New Retail Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 - - -

Yong Bai Chao New Retail Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Yong Bai Chao New Retail's Net-Net Working Capital

For the Shell Companies subindustry, Yong Bai Chao New Retail'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.


Yong Bai Chao New Retail's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Yong Bai Chao New Retail's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Yong Bai Chao New Retail's Price-to-Net-Net-Working-Capital falls into.



Yong Bai Chao New Retail Net-Net Working Capital Calculation

Yong Bai Chao New Retail's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.107
-0-0)/189.12
=-0.00

Yong Bai Chao New Retail's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.124
-0-0)/189.12
=-0.00

* 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.


Yong Bai Chao New Retail  (OTCPK:YBCN) 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.


Yong Bai Chao New Retail Net-Net Working Capital Related Terms

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Yong Bai Chao New Retail (Yong Bai Chao New Retail) Business Description

Traded in Other Exchanges
N/A
Address
No. 39 Hulan West Road, 3209, South Building, Building 3, Boashan District, Shanghai, CHN
Yong Bai Chao New Retail Corp, formerly Environmental Control Corp is a shell company.
Executives
Fei Wang director, 10 percent owner, officer: CEO, CFO and Secretary 3209, SOUTH BUILDING, BUILDING 3, NO. 39 HULAN WEST ROAD, BAOSHAN DISTRICT, SHANGHAI F4 00000
Michael J Mugford director 15365 BROOKSIDE AVENUE, WEST VANCOUVER A1 V7W 1N2
Stephen Norris other: Manager, Business Development 203 - 1265 W. 11TH AVENUE, VANCOUVER A1 V6H 1K8
Environmental Control Corp. 10 percent owner 85 KENMOUNT ROAD, ST. JOHN?S A4 A1B 3N7
Nils Rodeblad director 13 CEDARHURST PLACE, ST. JOHN'S A4 AIG 1T8
Gary Bishop director, officer: Chief Financial Officer 5 LAMANCH PLACE, ST. JOHN'S A4 AIE 4P6
Albert E Hickman director, officer: President, CEO and Chairman 85 RENNIE'S MILL ROAD, ST. JOHN'S A4 A1C 3P9
Alexei Jirniaguine director, 10 percent owner 1049 EUPHRATES CRESENT, PORT COQUITLAM A1 V3B 8B6
Andrei Krioukov director, 10 percent owner 702-33 WATER STREET, VANCOUVER A1 V6B 1A1

Yong Bai Chao New Retail (Yong Bai Chao New Retail) Headlines

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