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Central China Securities Co (FRA:21C) Net Cash per Share : €-0.35 (As of Mar. 2024)


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What is Central China Securities Co 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). Central China Securities Co's Net Cash per Share for the quarter that ended in Mar. 2024 was €-0.35.

The historical rank and industry rank for Central China Securities Co's Net Cash per Share or its related term are showing as below:

FRA:21C's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.11
* Ranked among companies with meaningful Price-to-Net-Cash only.

Central China Securities Co Net Cash per Share Historical Data

The historical data trend for Central China Securities Co'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.

Central China Securities Co Net Cash per Share Chart

Central China Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 -0.47 -0.49 -0.44 -0.43

Central China Securities Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.53 -0.54 -0.49 -0.43 -0.35

Competitive Comparison of Central China Securities Co's Net Cash per Share

For the Capital Markets subindustry, Central China Securities Co'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.


Central China Securities Co's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Central China Securities Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Central China Securities Co's Price-to-Net-Cash falls into.



Central China Securities Co 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.

Central China Securities Co's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2840.67+0-4822.615-31.816)/4642.88
=-0.43

Central China Securities Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2858.766+0-4440.317-30.813)/4642.88
=-0.35

* 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.


Central China Securities Co  (FRA:21C) 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.


Central China Securities Co Net Cash per Share Related Terms

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Central China Securities Co (FRA:21C) Business Description

Traded in Other Exchanges
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Central China Securities Co Ltd is a securities firm in Henan with a full-service business platform and strategic presence in China. Its principal business lines include a brokerage, which is engaged in the trading of stocks, funds, and bonds; margin financing, securities lending, and wealth management services; investment banking, which provides investment banking services including equity financing, debt financing, and financial advisory to institutional clients; investment management, which consists of asset management, direct investment, and fund management; the proprietary trading segment, which is engaged in the trading of securities and derivatives and Other business. Overseas business engage in brokerage, margin financing and Other businesses consist of the treasury function.

Central China Securities Co (FRA:21C) Headlines

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