GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WiMi Hologram Cloud Inc (NAS:WIMI) » Definitions » Net Cash per Share

WiMi Hologram Cloud (WiMi Hologram Cloud) Net Cash per Share : $0.63 (As of Jun. 2023)


View and export this data going back to 2020. Start your Free Trial

What is WiMi Hologram Cloud 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). WiMi Hologram Cloud's Net Cash per Share for the quarter that ended in Jun. 2023 was $0.63.

The historical rank and industry rank for WiMi Hologram Cloud's Net Cash per Share or its related term are showing as below:

WIMI' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.1   Med: 2.44   Max: 13.4
Current: 1.42

During the past 6 years, the highest Price-to-Net-Cash Ratio of WiMi Hologram Cloud was 13.40. The lowest was 1.10. And the median was 2.44.

WIMI's Price-to-Net-Cash is ranked better than
84.02% of 244 companies
in the Media - Diversified industry
Industry Median: 6.08 vs WIMI: 1.42

WiMi Hologram Cloud Net Cash per Share Historical Data

The historical data trend for WiMi Hologram Cloud'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.

WiMi Hologram Cloud Net Cash per Share Chart

WiMi Hologram Cloud Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial -0.34 -0.03 0.43 0.99 0.67

WiMi Hologram Cloud Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.34 0.99 0.89 0.67 0.63

Competitive Comparison of WiMi Hologram Cloud's Net Cash per Share

For the Advertising Agencies subindustry, WiMi Hologram Cloud'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.


WiMi Hologram Cloud's Price-to-Net-Cash Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WiMi Hologram Cloud's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where WiMi Hologram Cloud's Price-to-Net-Cash falls into.



WiMi Hologram Cloud 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.

WiMi Hologram Cloud's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(87.673-15.918-14.042)/86.708
=0.67

WiMi Hologram Cloud's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(88.192-22.298-11.382)/86.708
=0.63

* 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.


WiMi Hologram Cloud  (NAS:WIMI) 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.


WiMi Hologram Cloud Net Cash per Share Related Terms

Thank you for viewing the detailed overview of WiMi Hologram Cloud's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description

Traded in Other Exchanges
Address
1st West Dawang Road, Room No.2002, Building A, Wentley Center, Chaoyang, Beijing, CHN, 100020
WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.