GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ningbo Jintian Copper Group Co Ltd (SHSE:601609) » Definitions » Net Cash per Share

Ningbo Jintian Copper Group Co (SHSE:601609) Net Cash per Share : ¥-11.76 (As of Mar. 2025)


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

What is Ningbo Jintian Copper 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). Ningbo Jintian Copper Group Co's Net Cash per Share for the quarter that ended in Mar. 2025 was ¥-11.76.

The historical rank and industry rank for Ningbo Jintian Copper Group Co's Net Cash per Share or its related term are showing as below:

SHSE:601609's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ningbo Jintian Copper Group Co Net Cash per Share Historical Data

The historical data trend for Ningbo Jintian Copper 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.

Ningbo Jintian Copper Group Co Net Cash per Share Chart

Ningbo Jintian Copper Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.58 -6.71 -7.87 -8.69 -10.37

Ningbo Jintian Copper Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -11.10 -11.26 -11.01 -10.37 -11.76

Competitive Comparison of Ningbo Jintian Copper Group Co's Net Cash per Share

For the Copper subindustry, Ningbo Jintian Copper 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.


Ningbo Jintian Copper Group Co's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ningbo Jintian Copper Group Co's Price-to-Net-Cash falls into.


;
;

Ningbo Jintian Copper 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.

Ningbo Jintian Copper Group Co's Net Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as

Net Cash per Share (A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2043.6-17228.525-228.528)/1485.915
=-10.37

Ningbo Jintian Copper Group Co's Net Cash per Share for the quarter that ended in Mar. 2025 is calculated as

Net Cash per Share (Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1282.915-18520.87-238.311)/1485.498
=-11.76

* 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.


Ningbo Jintian Copper Group Co  (SHSE:601609) 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.


Ningbo Jintian Copper Group Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Ningbo Jintian Copper Group Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ningbo Jintian Copper Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 West West Road, Cicheng Town, Zhejiang Province, Ningbo, CHN, 315034
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.
Executives
Lou Cheng Director
Yang Jian Jun Directors, senior managers
Cao Li Su Directors, senior managers
Chen Jun Liang senior management
Liang Gang senior management
Ding Xing Chi senior management
Wang Yong Ru Director
Lou Guo Jun Directors, senior managers
Zheng Dun Dun senior management
Shao Gang senior management
Xu Wei Ping Director
Fu Wan Cheng senior management

Ningbo Jintian Copper Group Co Headlines

No Headlines