GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuhan P&S Information Technology Co Ltd (SZSE:300184) » Definitions » Net-Net Working Capital

Wuhan P&S Information Technology Co (SZSE:300184) Net-Net Working Capital : ¥0.66 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Wuhan P&S Information Technology Co Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Wuhan P&S Information Technology Co's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ¥0.66.

The industry rank for Wuhan P&S Information Technology Co's Net-Net Working Capital or its related term are showing as below:

SZSE:300184's Price-to-Net-Net-Working-Capital is ranked better than
50.25% of 1214 companies
in the Hardware industry
Industry Median: 6.86 vs SZSE:300184: 6.82

Wuhan P&S Information Technology Co Net-Net Working Capital Historical Data

The historical data trend for Wuhan P&S Information Technology Co's Net-Net Working Capital 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.

Wuhan P&S Information Technology Co Net-Net Working Capital Chart

Wuhan P&S Information Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.57 0.62 0.73 0.69

Wuhan P&S Information 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-Net Working Capital 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 0.71 0.78 0.72 0.69 0.66

Competitive Comparison of Wuhan P&S Information Technology Co's Net-Net Working Capital

For the Electronics & Computer Distribution subindustry, Wuhan P&S Information Technology Co's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Wuhan P&S Information Technology Co's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuhan P&S Information Technology Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Wuhan P&S Information Technology Co's Price-to-Net-Net-Working-Capital falls into.



Wuhan P&S Information Technology Co Net-Net Working Capital Calculation

Wuhan P&S Information Technology Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(665.583+0.75 * 1692.579+0.5 * 1608.934-1940.148
-0-0)/1154.01
=0.69

Wuhan P&S Information Technology Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(737.242+0.75 * 1706.355+0.5 * 1782.527-2141.328
-0-0)/1154.01
=0.66

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Wuhan P&S Information Technology Co  (SZSE:300184) Net-Net Working Capital Explanation

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Wuhan P&S Information Technology Co Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Wuhan P&S Information Technology Co's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuhan P&S Information Technology Co (SZSE:300184) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor Technology Building, No 424 LuoYu Road, Hongshan District, Wuhan, CHN, 430079
Wuhan P&S Information Technology Co Ltd is an electronic component service provider in China. The company is mainly engaged in IC electronic components such as marketing, sales and service development, and application. Its products include microcontroller, system management device, communication interface device, data converter and signal conditioning devices, power management devices, memory, connectors, discrete semiconductor and passive devices.
Executives
Zhao Jia Sheng Director
Liu Chang Bai Executives
Chen Fu Hong Executives
Wang Xiao Dong Directors, Directors, and Executives
Liu Qi Liang Independent director
Li Wen Jun Director
Directors, executives
Dong Cheng Supervisors
Liao Li Hua Securities Affairs Representative
Hou Hong Liang Director
Yu Xiao Lu Supervisors
Xia Pan Supervisors
Wu Wei Gang Executives
Hu Bin Director

Wuhan P&S Information Technology Co (SZSE:300184) Headlines

No Headlines