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China Reform Culture Holdings Co (SHSE:600636) Net Cash per Share : ¥2.76 (As of Sep. 2023)


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What is China Reform Culture Holdings 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). China Reform Culture Holdings Co's Net Cash per Share for the quarter that ended in Sep. 2023 was ¥2.76.

The historical rank and industry rank for China Reform Culture Holdings Co's Net Cash per Share or its related term are showing as below:

SHSE:600636' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.58   Med: 6.33   Max: 478.67
Current: 3.51

During the past 13 years, the highest Price-to-Net-Cash Ratio of China Reform Culture Holdings Co was 478.67. The lowest was 2.58. And the median was 6.33.

SHSE:600636's Price-to-Net-Cash is ranked better than
79.04% of 334 companies
in the Chemicals industry
Industry Median: 8.545 vs SHSE:600636: 3.51

China Reform Culture Holdings Co Net Cash per Share Historical Data

The historical data trend for China Reform Culture Holdings 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.

China Reform Culture Holdings Co Net Cash per Share Chart

China Reform Culture Holdings Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.23 2.12 2.28 2.58

China Reform Culture Holdings Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.54 2.58 2.62 2.62 2.76

Competitive Comparison of China Reform Culture Holdings Co's Net Cash per Share

For the Chemicals subindustry, China Reform Culture Holdings 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.


China Reform Culture Holdings Co's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Reform Culture Holdings Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Reform Culture Holdings Co's Price-to-Net-Cash falls into.



China Reform Culture Holdings 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.

China Reform Culture Holdings Co'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)
=(1293.975-157.869-0)/440.449
=2.58

China Reform Culture Holdings Co'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)
=(1297.034-86.07-0)/438.637
=2.76

* 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.


China Reform Culture Holdings Co  (SHSE:600636) 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.


China Reform Culture Holdings Co Net Cash per Share Related Terms

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China Reform Culture Holdings Co (SHSE:600636) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Chegongzhuang Street, Building 23, Xinhua 1949 Cultural and Creative Park, Xicheng District, Shanghai, CHN, 100044
China Reform Culture Holdings Co Ltd is engaged in cultural education business as well as the research, development, manufacture, and marketing of fluoropolymers, fluorocarbons refrigerant and fluorine fine chemicals. The company's primary products consist of fluorine polymers, chlorofluorocarbon (CFC) products and CFC substitutes, such as polyvinylidene fluoride (PVDF) functional resins, specialty fluorine rubbers, environment-friendly fluorine rubber products and polytetrafluoroethylene (PTFE) resins, among others.

China Reform Culture Holdings Co (SHSE:600636) Headlines

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