GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morgan Stanley China A Share Fund Inc (NYSE:CAF) » Definitions » Net Cash per Share

Morgan Stanley China A Share Fund (Morgan Stanley China A Share Fund) Net Cash per Share : $0.78 (As of Dec. 2023)


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

What is Morgan Stanley China A Share 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). Morgan Stanley China A Share Fund's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.78.

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

CAF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.7   Med: 73.06   Max: 369.17
Current: 15.64

During the past 7 years, the highest Price-to-Net-Cash Ratio of Morgan Stanley China A Share Fund was 369.17. The lowest was 5.70. And the median was 73.06.

CAF's Price-to-Net-Cash is ranked worse than
67.56% of 487 companies
in the Asset Management industry
Industry Median: 6.4 vs CAF: 15.64

Morgan Stanley China A Share Fund Net Cash per Share Historical Data

The historical data trend for Morgan Stanley China A Share 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.

Morgan Stanley China A Share Fund Net Cash per Share Chart

Morgan Stanley China A Share Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial 0.14 0.06 0.08 2.49 0.78

Morgan Stanley China A Share Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.08 1.62 2.49 0.80 0.78

Competitive Comparison of Morgan Stanley China A Share Fund's Net Cash per Share

For the Asset Management subindustry, Morgan Stanley China A Share 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.


Morgan Stanley China A Share Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Morgan Stanley China A Share Fund's Price-to-Net-Cash falls into.



Morgan Stanley China A Share 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.

Morgan Stanley China A Share Fund's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Morgan Stanley China A Share Fund's Net Cash per Share for the quarter that ended in Dec. 2023 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.


Morgan Stanley China A Share Fund  (NYSE:CAF) 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.


Morgan Stanley China A Share Fund Net Cash per Share Related Terms

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


Morgan Stanley China A Share Fund (Morgan Stanley China A Share Fund) Business Description

Traded in Other Exchanges
N/A
Address
522 Fifth Avenue, New York, NY, USA, 10036
Morgan Stanley China A Share Fund Inc is the United States based non-diversified, closed-end management investment company. Its investment objective is to seek capital growth by investing a majority of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. Its portfolio of investments consists of investment in different sectors such as the aerospace and defense, banks, automobiles, household durables, media, pharmaceuticals, software and other sectors.
Executives
Michael J Key officer: Vice President 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Frances Cashman other: Advisory Board Member MORGAN STANLEY INVESTMENT MANAGEMENT, 1633 BROADWAY 29TH FLOOR, NEW YORK NY 10019
Eddie Arthur Grier other: Advisory Board Member 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Deidre Downes officer: Chief Compliance Officer 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Amay Ashok Hattangadi officer: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Leon Sun officer: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
John H Gernon officer: Principle Executive Officer 522 5TH AVENUE, NEW YORK NY 10036
Samuel Gene Rhee other: Portfolio Manager 522 FIFTH AVENUE 19TH FLOOR, NEW YORK NY 10036
May Yu other: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT INC, 522 5TH AVENUE, NEW YORK X1 10036
Kar Heng Cheung other: Portfolio Manager 522 FIFTH AVENUE 19TH FLOOR, NEW YORK NY 10036

Morgan Stanley China A Share Fund (Morgan Stanley China A Share Fund) Headlines

From GuruFocus

PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO Buys 4, Sells 1 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-20-2023

Morgan Stanley China A Share Fund, Inc. Declares a Dividend

By Business Wire Business Wire 12-07-2021

Morgan Stanley China A Share Fund, Inc. Declares a Dividend

By Business Wire Business Wire 12-09-2020

Morgan Stanley China A Share Fund, Inc. Announces Advisory Fee Reduction

By Business Wire Business Wire 06-15-2023

Investing in Chinese Domestic A-Shares

By Praveen Chawla 09-22-2021

PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO Buys 4, Sells 1 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-18-2022

Morgan Stanley China A Share Fund, Inc. Announces Tender Offer

By Business Wire Business Wire 06-10-2022