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Ningbo Bohui Chemical Technology Co (SZSE:300839) Net Cash per Share : ¥-6.23 (As of Mar. 2024)


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What is Ningbo Bohui Chemical Technology 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 Bohui Chemical Technology Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-6.23.

The historical rank and industry rank for Ningbo Bohui Chemical Technology Co's Net Cash per Share or its related term are showing as below:

SZSE:300839's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.66
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ningbo Bohui Chemical Technology Co Net Cash per Share Historical Data

The historical data trend for Ningbo Bohui Chemical Technology 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 Bohui Chemical Technology Co Net Cash per Share Chart

Ningbo Bohui Chemical Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.40 -2.26 -2.90 -3.38 -3.36

Ningbo Bohui Chemical Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.63 -5.00 -5.14 -3.36 -6.23

Competitive Comparison of Ningbo Bohui Chemical Technology Co's Net Cash per Share

For the Oil & Gas Refining & Marketing subindustry, Ningbo Bohui Chemical Technology 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 Bohui Chemical Technology Co's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ningbo Bohui Chemical Technology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ningbo Bohui Chemical Technology Co's Price-to-Net-Cash falls into.



Ningbo Bohui Chemical Technology 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 Bohui Chemical Technology Co's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(557.867-1382.346-0)/245.469
=-3.36

Ningbo Bohui Chemical Technology Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(466.372-1960.281-34.996)/245.469
=-6.23

* 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 Bohui Chemical Technology Co  (SZSE:300839) 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 Bohui Chemical Technology Co Net Cash per Share Related Terms

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Ningbo Bohui Chemical Technology Co (SZSE:300839) Business Description

Traded in Other Exchanges
N/A
Address
No.199 Taixing Road, Petrochemical Economic and Technological Development Zone, Zhejiang Province, Ningbo, CHN, 315207
Ningbo Bohui Chemical Technology Co Ltd is engaged in research, development, production and sales of heavy aromatic hydrocarbon series products and light fuel oil. The company uses extraction technology and uses fuel oil as a raw material for deep processing, extending the industrial chain, increasing the added value of fuel oil, and turning it into waste. It produces and sells aromatic hydrocarbon series products such as rubber additives, plastic additives, asphalt additives, lubricant additives, and light fuel oil. Its application scope of products mainly covers the fields of rubber processing, asphalt processing and lubricating oil processing.
Executives
You Dan Hong Directors, Directors, and Executives
Xiang Mei Jiao Directors, executives
Wang Lv Directors, executives

Ningbo Bohui Chemical Technology Co (SZSE:300839) Headlines

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