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BOC Hong Kong Holdings (BOC Hong Kong Holdings) Net Cash per Share : $-758.24 (As of Dec. 2023)


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What is BOC Hong Kong Holdings Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). BOC Hong Kong Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was $-758.24.

The historical rank and industry rank for BOC Hong Kong Holdings's Net Cash per Share or its related term are showing as below:

BHKLY's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13
* Ranked among companies with meaningful Price-to-Net-Cash only.

BOC Hong Kong Holdings Net Cash per Share Historical Data

The historical data trend for BOC Hong Kong Holdings's Net Cash per Share 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.

BOC Hong Kong Holdings Net Cash per Share Chart

BOC Hong Kong Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -569.04 -618.06 -689.38 -679.49 -758.24

BOC Hong Kong Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share 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 -689.38 -687.87 -679.49 -728.07 -758.24

Competitive Comparison of BOC Hong Kong Holdings's Net Cash per Share

For the Banks - Regional subindustry, BOC Hong Kong Holdings's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


BOC Hong Kong Holdings's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BOC Hong Kong Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where BOC Hong Kong Holdings's Price-to-Net-Cash falls into.



BOC Hong Kong Holdings Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

BOC Hong Kong Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(53547.85+0-453962.201-420.497)/528.639
=-758.24

BOC Hong Kong Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(53547.85+0-453962.201-420.497)/528.639
=-758.24

* 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.


BOC Hong Kong Holdings  (OTCPK:BHKLY) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


BOC Hong Kong Holdings Net Cash per Share Related Terms

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BOC Hong Kong Holdings (BOC Hong Kong Holdings) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 53rd Floor, Bank of China Tower, Hong Kong, HKG
Bank of China Hong Kong, or BOCHK, is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOCHK is legally separate from Bank of China, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOCHK.

BOC Hong Kong Holdings (BOC Hong Kong Holdings) Headlines

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