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Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Net-Net Working Capital : $0.07 (As of Dec. 2023)


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What is Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $0.07.

The industry rank for Greatview Aseptic Packaging Co's Net-Net Working Capital or its related term are showing as below:

GRVWF's Price-to-Net-Net-Working-Capital is ranked better than
67.65% of 136 companies
in the Packaging & Containers industry
Industry Median: 6.045 vs GRVWF: 4.19

Greatview Aseptic Packaging Co Net-Net Working Capital Historical Data

The historical data trend for Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co Net-Net Working Capital Chart

Greatview Aseptic Packaging 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 0.02 0.02 0.01 0.01 0.07

Greatview Aseptic Packaging Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.01 0.02 0.01 0.04 0.07

Competitive Comparison of Greatview Aseptic Packaging Co's Net-Net Working Capital

For the Packaging & Containers subindustry, Greatview Aseptic Packaging 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.


Greatview Aseptic Packaging Co's Price-to-Net-Net-Working-Capital Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greatview Aseptic Packaging Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Greatview Aseptic Packaging Co's Price-to-Net-Net-Working-Capital falls into.



Greatview Aseptic Packaging Co Net-Net Working Capital Calculation

Greatview Aseptic Packaging 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)
=(121.377+0.75 * 91.086+0.5 * 120.432-157.821
-0-0)/1336.63
=0.07

Greatview Aseptic Packaging Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(121.377+0.75 * 91.086+0.5 * 120.432-157.821
-0-0)/1336.63
=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.

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.


Greatview Aseptic Packaging Co  (OTCPK:GRVWF) 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.


Greatview Aseptic Packaging Co Net-Net Working Capital Related Terms

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Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Business Description

Traded in Other Exchanges
Address
No.14 Jiuxianqiao Road, A4-2nd Floor, Chaoyang District, Beijing, CHN, 100015
Greatview Aseptic Packaging Co Ltd manufactures and sells a variety of paper-based packaging products. The company's primary product categories include packaging for dairy products and noncarbonated soft drink products. The sale of packaging for dairy products generates the majority of revenue. Greatview Aseptic Packaging also sells scrap metals. The firm organizes itself into two segments based on geography: the People's Republic of China, or PRC, and International. The PRC segment generates the majority of revenue.

Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Headlines

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