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China Jo-Jo Drugstores (China Jo-Jo Drugstores) Net Cash per Share : $-34.01 (As of Sep. 2023)


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What is China Jo-Jo Drugstores 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). China Jo-Jo Drugstores's Net Cash per Share for the quarter that ended in Sep. 2023 was $-34.01.

The historical rank and industry rank for China Jo-Jo Drugstores's Net Cash per Share or its related term are showing as below:

CJJD's Price-to-Net-Cash is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.265
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Jo-Jo Drugstores Net Cash per Share Historical Data

The historical data trend for China Jo-Jo Drugstores'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.

China Jo-Jo Drugstores Net Cash per Share Chart

China Jo-Jo Drugstores Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -373.74 -456.08 -335.89 -366.98 -45.70

China Jo-Jo Drugstores Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -382.12 -366.98 -240.80 -45.70 -34.01

Competitive Comparison of China Jo-Jo Drugstores's Net Cash per Share

For the Pharmaceutical Retailers subindustry, China Jo-Jo Drugstores'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.


China Jo-Jo Drugstores's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Jo-Jo Drugstores's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Jo-Jo Drugstores's Price-to-Net-Cash falls into.



China Jo-Jo Drugstores 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.

China Jo-Jo Drugstores's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(18.808-74.303--1.347)/1.18486
=-45.70

China Jo-Jo Drugstores's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(18.65-77.23--1.347)/1.68286
=-34.01

* 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.


China Jo-Jo Drugstores  (NAS:CJJD) 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.


China Jo-Jo Drugstores Net Cash per Share Related Terms

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China Jo-Jo Drugstores (China Jo-Jo Drugstores) Business Description

Traded in Other Exchanges
N/A
Address
386 Shangtang Road, Hai Wai Hai Tongxin Mansion Floor 6, Gong Shu District, Zhejiang Province, Hangzhou, CHN, 310008
China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, Drug wholesale, and Herb farming. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.
Executives
Wei Hu officer: Chief Operating Officer HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY F4 310008
Pingfan Wu director HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY F4 310008
Jiangliang He director HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY NY 310008
Liu Yan officer: Secretary HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY, ZHEJIANG PROVIN F4 310008
Lei Liu director, 10 percent owner, officer: CEO, Chairman of the Board ROOM 507-513, 5TH FLOOR,A BUILDING MEIDU PLAZA, GONGSHU DISTRICT HANGZHOU F4 310011
Ming Zhao director, 10 percent owner, officer: Chief Financial Officer 1ST FLOOR, YUZHENG PLAZA, NO. 76, YUHUANGSHAN ROAD, HANGZHOU, ZHEJIANG PROVINCE F4 00000
Caroline Wang director HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY F4 310008
Hillhouse Investment Management, Ltd. 10 percent owner OFFICE #122, WINDWARD 3 BUILDING, REGATTA OFFICE PARK, WEST BAY ROAD, GRAND CAYMAN E9 KY1-9006
Li Lei director, 10 percent owner, officer: CEO, Chairman of the Board 511 NE 94TH STREET MIAMI SHORES FL 33138
Li Qi director, 10 percent owner, officer: Secretary ROOM 507-513, 5TH FLOOR, A BUILDING MEIDU PLAZA, GONGSHU DISTRICT HANGZHOU F4 310011
Zhimin Su director 3601B THE CENTER, 989 CHANGLE ROAD SHANGHAI F4 200031
Genghua Gu director 1ST FLOOR, YUZHENG PLAZA NO.76, YUHUANGSHAN ROAD HANGZHOU, ZHEJIANG PROVINCE F4 310002
Taihong Guo director 7TH FLOOR, QINGCHUNBAO GROUP NO. 555 XIXI ROAD HANGZHOU F4 310013
Tchaikovsky Bennet Price Jr other: Former Director 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Marc Thomas Serrio other: Former Director P.O. BOX 91836 PASADENA CA 91109