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Infinity Development Holdings Company (HKSE:00640) Net Cash per Share : HK$0.22 (As of Sep. 2023)


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What is Infinity Development Holdings Company 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). Infinity Development Holdings Company's Net Cash per Share for the quarter that ended in Sep. 2023 was HK$0.22.

The historical rank and industry rank for Infinity Development Holdings Company's Net Cash per Share or its related term are showing as below:

HKSE:00640' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.86   Med: 17.68   Max: 32.5
Current: 3.18

During the past 13 years, the highest Price-to-Net-Cash Ratio of Infinity Development Holdings Company was 32.50. The lowest was 2.86. And the median was 17.68.

HKSE:00640's Price-to-Net-Cash is ranked better than
84.59% of 331 companies
in the Chemicals industry
Industry Median: 8.35 vs HKSE:00640: 3.18

Infinity Development Holdings Company Net Cash per Share Historical Data

The historical data trend for Infinity Development Holdings Company'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.

Infinity Development Holdings Company Net Cash per Share Chart

Infinity Development Holdings Company Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 0.02 -0.07 -0.13 0.22

Infinity Development Holdings Company Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.07 -0.04 -0.13 0.11 0.22

Competitive Comparison of Infinity Development Holdings Company's Net Cash per Share

For the Specialty Chemicals subindustry, Infinity Development Holdings Company'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.


Infinity Development Holdings Company's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Infinity Development Holdings Company's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Infinity Development Holdings Company's Price-to-Net-Cash falls into.



Infinity Development Holdings Company 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.

Infinity Development Holdings Company's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(353.494-231.575-0)/563.351
=0.22

Infinity Development Holdings Company's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(353.494-231.575-0)/563.351
=0.22

* 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.


Infinity Development Holdings Company  (HKSE:00640) 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.


Infinity Development Holdings Company Net Cash per Share Related Terms

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Infinity Development Holdings Company (HKSE:00640) Business Description

Traded in Other Exchanges
N/A
Address
16 Andar A-D, Macau Finance Centre, Rua de Pequim No. 202A-246, Macau, MAC
Infinity Development Holdings Company Ltd is an investment holding company. The company focuses on manufacturing and selling adhesives, primers, hardeners, vulcanized shoes, and adhesive related products for the footwear industry. Its geographical segments include China, Singapore, India, Regions of Hong Kong, Macau and Taiwan, Vietnam and Cambodia, Indonesia, and Bangladesh, of which the vast majority of its revenue is generated from Vietnam and Cambodia.

Infinity Development Holdings Company (HKSE:00640) Headlines

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