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Wuxi Sunlit Science and Technology Co (HKSE:01289) Net Cash per Share : HK$-1.49 (As of Dec. 2023)


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What is Wuxi Sunlit Science and Technology Co 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). Wuxi Sunlit Science and Technology Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-1.49.

The historical rank and industry rank for Wuxi Sunlit Science and Technology Co's Net Cash per Share or its related term are showing as below:

During the past 11 years, the highest Price-to-Net-Cash Ratio of Wuxi Sunlit Science and Technology Co was 19.90. The lowest was 0.99. And the median was 2.54.

HKSE:01289's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.21
* Ranked among companies with meaningful Price-to-Net-Cash only.

Wuxi Sunlit Science and Technology Co Net Cash per Share Historical Data

The historical data trend for Wuxi Sunlit Science and Technology 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.

Wuxi Sunlit Science and Technology Co Net Cash per Share Chart

Wuxi Sunlit Science and Technology 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 0.90 0.49 0.09 -1.03 -1.49

Wuxi Sunlit Science and Technology Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 -0.23 -1.03 -1.11 -1.49

Competitive Comparison of Wuxi Sunlit Science and Technology Co's Net Cash per Share

For the Specialty Industrial Machinery subindustry, Wuxi Sunlit Science and Technology 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.


Wuxi Sunlit Science and Technology Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Sunlit Science and Technology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Wuxi Sunlit Science and Technology Co's Price-to-Net-Cash falls into.



Wuxi Sunlit Science and Technology 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.

Wuxi Sunlit Science and Technology 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 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(198.326-388.733-0)/128
=-1.49

Wuxi Sunlit Science and Technology Co'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)
=(198.326-388.733-0)/128
=-1.49

* 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.


Wuxi Sunlit Science and Technology Co  (HKSE:01289) 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.


Wuxi Sunlit Science and Technology Co Net Cash per Share Related Terms

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Wuxi Sunlit Science and Technology Co (HKSE:01289) Business Description

Traded in Other Exchanges
N/A
Address
1 Yanxin Road East, Huishan Economic Development Zone, Jiangsu Province, Wuxi, CHN, 214174
Wuxi Sunlit Science and Technology Co Ltd is a China-based company. It is engaged in the research and development, design, manufacture, equipment supply, installation, testing, repair, and maintenance of production lines for manufacturing steel wire products in the People's Republic of China. The company's product portfolio includes brass electroplated wire production lines, standalone machines, double-twist stranding machines, wet drawing machines, mold repairing equipment, parts, and accessories. Geographically, the company operates in Mainland China and other countries, of which the majority of the revenue is earned in Mainland China.

Wuxi Sunlit Science and Technology Co (HKSE:01289) Headlines

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