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iDreamSky Technology Holdings (HKSE:01119) Net Cash per Share : HK$-1.25 (As of Dec. 2023)


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What is iDreamSky Technology 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). iDreamSky Technology Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-1.25.

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

HKSE:01119's Price-to-Net-Cash is not ranked *
in the Interactive Media industry.
Industry Median: 6.12
* Ranked among companies with meaningful Price-to-Net-Cash only.

iDreamSky Technology Holdings Net Cash per Share Historical Data

The historical data trend for iDreamSky Technology 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.

* Premium members only.

iDreamSky Technology Holdings Net Cash per Share Chart

iDreamSky Technology Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -1.73 -2.37 -1.67 -1.99 -1.25

iDreamSky Technology Holdings Semi-Annual Data
Dec15 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only -1.67 -1.86 -1.99 -1.67 -1.25

Competitive Comparison of iDreamSky Technology Holdings's Net Cash per Share

For the Electronic Gaming & Multimedia subindustry, iDreamSky Technology 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.


iDreamSky Technology Holdings's Price-to-Net-Cash Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, iDreamSky Technology Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where iDreamSky Technology Holdings's Price-to-Net-Cash falls into.



iDreamSky Technology 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.

iDreamSky Technology Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(288.292-2148.67-106.633)/1573.44
=-1.25

iDreamSky Technology Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(288.292-2148.67-106.633)/1573.44
=-1.25

* 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.


iDreamSky Technology Holdings  (HKSE:01119) 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.


iDreamSky Technology Holdings Net Cash per Share Related Terms

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iDreamSky Technology Holdings (HKSE:01119) Business Description

Traded in Other Exchanges
Address
15 Keyuan Road, 16th Floor, A3 Building, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057
iDreamSky Technology Holdings Ltd operates a digital entertainment platform in the game publishing market in China. Its gaming portfolio includes role-playing games, endless running games, matching puzzle games and casual competition games among others. The company has two reportable segment: Game and information services segment and IP derivatives business segment.
Executives
Chen Xiangyu 2201 Interest of corporation controlled by you
Brilliant Seed Limited
Tencent Holdings Limited 2201 Interest of corporation controlled by you
Bank Of America Corporation 2201 Interest of corporation controlled by you
Dream Investment Holdings Limited
Dream Technology Holdings Limited
Idreamsky Technology Limited
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Chen Xiangyu
Yong Rong (hk) Asset Management Limited 2102 Investment manager
Tencent Mobility Limited

iDreamSky Technology Holdings (HKSE:01119) Headlines

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