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Cherish Sunshine International (HKSE:01094) Net Cash per Share : HK$-0.58 (As of Sep. 2023)


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What is Cherish Sunshine International 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). Cherish Sunshine International's Net Cash per Share for the quarter that ended in Sep. 2023 was HK$-0.58.

The historical rank and industry rank for Cherish Sunshine International's Net Cash per Share or its related term are showing as below:

HKSE:01094's Price-to-Net-Cash is not ranked *
in the Conglomerates industry.
Industry Median: 8.72
* Ranked among companies with meaningful Price-to-Net-Cash only.

Cherish Sunshine International Net Cash per Share Historical Data

The historical data trend for Cherish Sunshine International'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.

Cherish Sunshine International Net Cash per Share Chart

Cherish Sunshine International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 -0.50 -0.38 -0.44 -0.53

Cherish Sunshine International Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 -0.54 -0.38 -0.50 -0.53 -0.58

Competitive Comparison of Cherish Sunshine International's Net Cash per Share

For the Conglomerates subindustry, Cherish Sunshine International'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.


Cherish Sunshine International's Price-to-Net-Cash Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cherish Sunshine International's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Cherish Sunshine International's Price-to-Net-Cash falls into.



Cherish Sunshine International 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.

Cherish Sunshine International'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)
=(8.478-283.057--11.507)/493.761
=-0.53

Cherish Sunshine International'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)
=(6.109-306.138--11.325)/493.761
=-0.58

* 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.


Cherish Sunshine International  (HKSE:01094) 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.


Cherish Sunshine International Net Cash per Share Related Terms

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Cherish Sunshine International (HKSE:01094) Business Description

Traded in Other Exchanges
N/A
Address
No. 1818–2 Wenyi West Road, Yuhang Street, Unit 109–14, Block 1, Yuhang District, Zhejiang Province, Hangzhou, CHN
Cherish Sunshine International Ltd is a provider of one-stop integrated procurement service solutions in China. Its segments are the provision of procurement services, trading business, provision of corporate IT solutions, rental income, and energy management contracting business. The majority of the revenue derives from the trading segment which engaged in the Trading of general goods.
Executives
Eastmount Global Limited 2101 Beneficial owner
Liu Luoxiu 2307 Founder of a discretionary trust who can infl
Wu Siyuan 2501 Other
Trident Trust Company (singapore) Pte Limited 2301 Trustee
Jiang Xi Yin Xing Gu Fen You Xian Gong Si 2106 Person having a security interest in shares

Cherish Sunshine International (HKSE:01094) Headlines

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