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Yield Go Holdings (HKSE:01796) Net Cash per Share : HK$-0.12 (As of Sep. 2023)


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What is Yield Go 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). Yield Go Holdings's Net Cash per Share for the quarter that ended in Sep. 2023 was HK$-0.12.

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

HKSE:01796's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 6.38
* Ranked among companies with meaningful Price-to-Net-Cash only.

Yield Go Holdings Net Cash per Share Historical Data

The historical data trend for Yield Go 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.

Yield Go Holdings Net Cash per Share Chart

Yield Go Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial -0.16 -0.19 -0.11 -0.12 -0.14

Yield Go Holdings Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 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 -0.11 -0.12 -0.11 -0.14 -0.12

Competitive Comparison of Yield Go Holdings's Net Cash per Share

For the Building Products & Equipment subindustry, Yield Go 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.


Yield Go Holdings's Price-to-Net-Cash Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yield Go Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Yield Go 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.

Yield Go Holdings'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)
=(17.087-82.048-0)/480
=-0.14

Yield Go 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)
=(37.247-96.264-0)/480
=-0.12

* 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.


Yield Go Holdings  (HKSE:01796) 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.


Yield Go Holdings Net Cash per Share Related Terms

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Yield Go Holdings (HKSE:01796) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Hoi Shing Road, Unit 3, 32/F, Cable TV Tower, Tsuen Wan, New Territoties, Hong Kong, HKG
Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.
Executives
Tse Shiu Hoi 2201 Interest of corporation controlled by you
Tse's Finance Limited 2106 Person having a security interest in shares
Huang Hou 2201 Interest of corporation controlled by you
Ultra Accord Limited 2106 Person having a security interest in shares
Chu Chui Ling 2106 Person having a security interest in shares
Yuan Feng Ventures Limited 2101 Beneficial owner
Chen Yidong 2201 Interest of corporation controlled by you
Hoi Lang Holdings Ltd. 2106 Person having a security interest in shares
Master Success International Investment Limited 2101 Beneficial owner
Man Hoi Yuen 2201 Interest of corporation controlled by you
Ng Yuen Chun 2202 Interest of your spouse

Yield Go Holdings (HKSE:01796) Headlines

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