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Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Net Cash per Share : $0.00 (As of Mar. 2017)


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What is Shenzhen-ZhongRong Morgan Investment Holding Group Co Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Shenzhen-ZhongRong Morgan Investment Holding Group Co's Net Cash per Share for the quarter that ended in Mar. 2017 was $0.00.

The historical rank and industry rank for Shenzhen-ZhongRong Morgan Investment Holding Group Co's Net Cash per Share or its related term are showing as below:

ZRMG's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.77
* Ranked among companies with meaningful Price-to-Net-Cash only.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Net Cash per Share Historical Data

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding Group Co'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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Net Cash per Share Chart

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Cash per Share
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Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Shenzhen-ZhongRong Morgan Investment Holding Group Co's Net Cash per Share

For the Shell Companies subindustry, Shenzhen-ZhongRong Morgan Investment Holding Group Co'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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Shenzhen-ZhongRong Morgan Investment Holding Group Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shenzhen-ZhongRong Morgan Investment Holding Group Co's Price-to-Net-Cash falls into.



Shenzhen-ZhongRong Morgan Investment Holding Group Co 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Net Cash per Share for the fiscal year that ended in Dec. 2016 is calculated as

Net Cash per Share (A: Dec. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-0.005-0)/1.46503
=-0.00

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Net Cash per Share for the quarter that ended in Mar. 2017 is calculated as

Net Cash per Share (Q: Mar. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-0.005-0)/1.46503
=-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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co  (GREY:ZRMG) 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Net Cash per Share Related Terms

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Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Business Description

Traded in Other Exchanges
N/A
Address
136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354
Website
Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.

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