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China Reform Health Management And Services Group Co (SZSE:000503) Net Cash per Share : ¥0.07 (As of Sep. 2023)


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What is China Reform Health Management And Services 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). China Reform Health Management And Services Group Co's Net Cash per Share for the quarter that ended in Sep. 2023 was ¥0.07.

The historical rank and industry rank for China Reform Health Management And Services Group Co's Net Cash per Share or its related term are showing as below:

SZSE:000503' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 12.42   Med: 37.25   Max: 152.86
Current: 118.71

During the past 13 years, the highest Price-to-Net-Cash Ratio of China Reform Health Management And Services Group Co was 152.86. The lowest was 12.42. And the median was 37.25.

SZSE:000503's Price-to-Net-Cash is ranked worse than
100% of 4 companies
in the Healthcare Plans industry
Industry Median: 12.52 vs SZSE:000503: 118.71

China Reform Health Management And Services Group Co Net Cash per Share Historical Data

The historical data trend for China Reform Health Management And Services 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.

China Reform Health Management And Services Group Co Net Cash per Share Chart

China Reform Health Management And Services Group 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 0.79 1.20 0.65 0.39 0.22

China Reform Health Management And Services Group 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 0.25 0.22 0.16 0.12 0.07

Competitive Comparison of China Reform Health Management And Services Group Co's Net Cash per Share

For the Healthcare Plans subindustry, China Reform Health Management And Services 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.


China Reform Health Management And Services Group Co's Price-to-Net-Cash Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, China Reform Health Management And Services Group Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Reform Health Management And Services Group Co's Price-to-Net-Cash falls into.



China Reform Health Management And Services 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.

China Reform Health Management And Services Group 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)
=(589.41-391.708-1.621)/906.413
=0.22

China Reform Health Management And Services Group 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)
=(511.36-445.27-1.602)/903.763
=0.07

* 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 Health Management And Services Group Co  (SZSE:000503) 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 Health Management And Services Group Co Net Cash per Share Related Terms

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China Reform Health Management And Services Group Co (SZSE:000503) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Wenhua Road, Room 703, Junhua Haiyi Hotel, Hainan Province, Haikou, CHN, 570105
China Reform Health Management And Services Group Co Ltd is engaged in the field of health protection services in China. Its main business includes medical insurance control fee service; medical quality and safety service; drug and medical supervision service helping management departments to standardize medical service behavior and improve the safety and effectiveness of medical insurance funds.

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