GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Taiwan Fund Inc (NYSE:TWN) » Definitions » Net Cash per Share

Taiwan Fund (Taiwan Fund) Net Cash per Share : $4.02 (As of Feb. 2024)


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

What is Taiwan Fund Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Taiwan Fund's Net Cash per Share for the quarter that ended in Feb. 2024 was $4.02.

The historical rank and industry rank for Taiwan Fund's Net Cash per Share or its related term are showing as below:

TWN' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.26   Med: 13.8   Max: 63.98
Current: 10.03

During the past 7 years, the highest Price-to-Net-Cash Ratio of Taiwan Fund was 63.98. The lowest was 5.26. And the median was 13.80.

TWN's Price-to-Net-Cash is ranked worse than
59.14% of 487 companies
in the Asset Management industry
Industry Median: 6.3 vs TWN: 10.03

Taiwan Fund Net Cash per Share Historical Data

The historical data trend for Taiwan Fund'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.

Taiwan Fund Net Cash per Share Chart

Taiwan Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Cash per Share
Get a 7-Day Free Trial 1.32 1.68 0.56 4.79 3.76

Taiwan Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 1.66 4.79 2.59 3.76 4.02

Competitive Comparison of Taiwan Fund's Net Cash per Share

For the Asset Management subindustry, Taiwan Fund'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.


Taiwan Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Taiwan Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Taiwan Fund's Price-to-Net-Cash falls into.



Taiwan Fund 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.

Taiwan Fund's Net Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as

Taiwan Fund's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

* 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.


Taiwan Fund  (NYSE:TWN) 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.


Taiwan Fund Net Cash per Share Related Terms

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


Taiwan Fund (Taiwan Fund) Business Description

Traded in Other Exchanges
N/A
Address
c/o State Street Bank and Trust Company, One Lincoln Street, P.O. Box 5049, Boston, MA, USA, 02111
Taiwan Fund Inc is a diversified closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment predominantly in equity securities listed in Taiwan stock exchange and the Republic of China. In selecting the companies for investments fund's portfolio managers will consider overall growth prospects, competitive position in the respective industry technology, research, and development, productivity, profit margins, return on investment, capital resources, government regulation, management and other factors.
Executives
Anthony Clark director C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Maria R. Premole officer: Vice President C/O JAPAN SMALLER CAPITALIZATION FUND, WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Yuichi Nomoto officer: President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Warren Olsen director C/O AETOS ALTERNATIVES MANAGEMENT, LP, 875 THIRD AVENUE, 6TH FLOOR, NEW YORK NY 10022
Aiden Redmond officer: President 1633 BROADWAY, NEW YORK NY 10019
William Kirby director 22 CONCORD AVE., LEXINGTON MA 02421
Thomas Gregory Kamp director 5821 SOUTHWOOD DRIVE, MINNEAPOLIS MN 55437
John Viggiano other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Gem Pushpaharan other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Peter Bonanno other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Douglas Eu other: Affiliated Person C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
Thomas J Fuccillo officer: President 1633 BROADWAY, NEW YORK NY 10019
Xiao Corrina other: Portfolio Manager 5F, NO. 378, FUXING N ROAD, TAIPEI F5 10476
Allianz Global Investors U.s. Holdings Llc other: Affiliated Entity 1633 BROADWAY, NEW YORK NY 10019
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS

Taiwan Fund (Taiwan Fund) Headlines

From GuruFocus

The Taiwan Fund, Inc. Announces 1st Quarter Earnings

By PRNewswire PRNewswire 01-20-2022

The Taiwan Fund, Inc. Indicates Distribution Amount

By PRNewswire PRNewswire 12-28-2020

Top 5 2nd Quarter Trades of Bulldog Investors, LLP

By GuruFocus Research GuruFocus Editor 08-15-2022

The Taiwan Fund, Inc. Announces 3rd Quarter Earnings

By PRNewswire PRNewswire 07-20-2021

The Taiwan Fund, Inc. Indicates Distribution Amount

By PRNewswire PRNewswire 12-27-2021

The Taiwan Fund, Inc. Declares Distributions

By PRNewswire PRNewswire 12-17-2021

The Taiwan Fund, Inc. Declares Distributions

By PRNewswire 12-13-2023

The Taiwan Fund, Inc. Announces Conditional Tender Offer Policy

By PRNewswire PRNewswire 12-16-2020