Golden Heaven Group Holdings (Golden Heaven Group Holdings) Net Cash per Share : $-0.40 (As of Sep. 2023)

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What is Golden Heaven Group Holdings 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). Golden Heaven Group Holdings's Net Cash per Share for the quarter that ended in Sep. 2023 was $-0.40.

The historical rank and industry rank for Golden Heaven Group Holdings's Net Cash per Share or its related term are showing as below:

GDHG's Price-to-Net-Cash is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 8.56
* Ranked among companies with meaningful Price-to-Net-Cash only.

Golden Heaven Group Holdings Net Cash per Share Historical Data

The historical data trend for Golden Heaven Group Holdings'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.

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Golden Heaven Group Holdings Net Cash per Share Chart

Golden Heaven Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Net Cash per Share

-0.40

-0.37

-0.02

-0.40

Golden Heaven Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Cash per Share	Get a 7-Day Free Trial			-0.37	-0.25	-0.02	0.12	-0.40

Competitive Comparison of Golden Heaven Group Holdings's Net Cash per Share

For the Leisure subindustry, Golden Heaven Group Holdings'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.

Golden Heaven Group Holdings's Price-to-Net-Cash Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Heaven Group Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Golden Heaven Group Holdings's Price-to-Net-Cash falls into.

Golden Heaven Group Holdings 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.

Golden Heaven Group Holdings's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

	Net Cash per Share (A: Sep. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.246	-	21.177	-	0)	/	51.75
=	-0.40

Golden Heaven Group Holdings'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)
=	(0.246	-	21.177	-	0)	/	51.75
=	-0.40

Golden Heaven Group Holdings (NAS:GDHG) 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.

Golden Heaven Group Holdings Net Cash per Share Related Terms

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Golden Heaven Group Holdings (Golden Heaven Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Golden Heaven Group Holdings Ltd (NAS:GDHG) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Banhouhaichuan Road, Xiqin Town, Yanping District, Fujian Province, Nanping City, CHN, 353001

Website

http://www.jsyoule.com

Golden Heaven Group Holdings Ltd is an offshore holding company. Through the operating entities in China, It manages and operates six properties consisting of amusement parks, water parks, and complementary recreational facilities. The parks offer a broad selection of exhilarating and recreational experiences, including both thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities. The parks collectively contain nearly 159 rides and attractions. The firm's revenue is primarily generated from selling access to rides and attractions, charging fees for special event rentals, and collecting regular rental payments from commercial tenants.