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Hon Hai Precision Industry Co (TPE:2317) Net Cash per Share : NT$-70.59 (As of Mar. 2024)


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What is Hon Hai Precision Industry 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). Hon Hai Precision Industry Co's Net Cash per Share for the quarter that ended in Mar. 2024 was NT$-70.59.

The historical rank and industry rank for Hon Hai Precision Industry Co's Net Cash per Share or its related term are showing as below:

TPE:2317's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.96
* Ranked among companies with meaningful Price-to-Net-Cash only.

Hon Hai Precision Industry Co Net Cash per Share Historical Data

The historical data trend for Hon Hai Precision Industry 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.

Hon Hai Precision Industry Co Net Cash per Share Chart

Hon Hai Precision Industry 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 -84.20 -79.29 -102.41 -115.33 -79.11

Hon Hai Precision Industry 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 -79.63 -81.75 -92.32 -79.11 -70.59

Competitive Comparison of Hon Hai Precision Industry Co's Net Cash per Share

For the Electronic Components subindustry, Hon Hai Precision Industry 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.


Hon Hai Precision Industry Co's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Hon Hai Precision Industry Co's Price-to-Net-Cash falls into.



Hon Hai Precision Industry 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.

Hon Hai Precision Industry 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)
=(1350077.671-2253545.331-193134.544)/13861.5
=-79.11

Hon Hai Precision Industry 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)
=(1305438.658-2082809.079-201098.696)/13861.5
=-70.59

* 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.


Hon Hai Precision Industry Co  (TPE:2317) 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.


Hon Hai Precision Industry Co Net Cash per Share Related Terms

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Hon Hai Precision Industry Co (TPE:2317) Business Description

Traded in Other Exchanges
Address
No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (TPE:2317) Headlines

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