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Zhengwei Group Holdings Co (HKSE:02147) Net Cash per Share : HK$0.15 (As of Dec. 2023)


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What is Zhengwei Group Holdings 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). Zhengwei Group Holdings Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.15.

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

HKSE:02147' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.8   Med: 2.2   Max: 2.2
Current: 0.81

During the past 5 years, the highest Price-to-Net-Cash Ratio of Zhengwei Group Holdings Co was 2.20. The lowest was 0.80. And the median was 2.20.

HKSE:02147's Price-to-Net-Cash is ranked better than
95.92% of 319 companies
in the Consumer Packaged Goods industry
Industry Median: 10.21 vs HKSE:02147: 0.81

Zhengwei Group Holdings Co Net Cash per Share Historical Data

The historical data trend for Zhengwei Group Holdings 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.

Zhengwei Group Holdings Co Net Cash per Share Chart

Zhengwei Group Holdings Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.16 -0.08 -0.04 0.05 0.15

Zhengwei Group Holdings Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial -0.04 - 0.05 0.28 0.15

Competitive Comparison of Zhengwei Group Holdings Co's Net Cash per Share

For the Packaged Foods subindustry, Zhengwei Group Holdings 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.


Zhengwei Group Holdings Co's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhengwei Group Holdings Co's Price-to-Net-Cash distribution charts can be found below:

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



Zhengwei Group Holdings 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.

Zhengwei Group Holdings 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)
=(217.865-93.891-0)/800
=0.15

Zhengwei Group Holdings 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)
=(217.865-93.891-0)/800
=0.15

* 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.


Zhengwei Group Holdings Co  (HKSE:02147) 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.


Zhengwei Group Holdings Co Net Cash per Share Related Terms

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Zhengwei Group Holdings Co (HKSE:02147) Business Description

Traded in Other Exchanges
N/A
Address
487 Yuhu Road, Xiaolan Economic Development Zone, Nanchang, CHN
Zhengwei Group Holdings Co Ltd produces dry food and snacks, and secondarily trades related products. It produces and sells a variety of snacks (including ready-to-eat vegetarian snacks and meat snacks), such as crispy bamboo shoots and roast necks; and packaged dry goods such as mushrooms, dried aquatic products, seaweed, grains, and seasonings in China. The majority of revenue is derived from the Snacks segment. It has two operating segments Manufacturing & trading, out of which the majority is from the manufacturing segment. Geographically, the majority is from PRC.
Executives
Lin Qiu Yun 2101 Beneficial owner
Yang Shengyao 2201 Interest of corporation controlled by you
Shengyao Investment Group Limited 2101 Beneficial owner
Nan Chang Xian Wen Hua Lv You Tou Zi You Xian Gong Si 2101 Beneficial owner
Nan Chang Xian Ke Ji He Gong Ye Xun Xi Hua Ju 2201 Interest of corporation controlled by you
Lin Qiuyun 2201 Interest of corporation controlled by you
Trendy Peak International Limited 2101 Beneficial owner
Prosperous Season Group Limited 2101 Beneficial owner
Best Talent Venture Holdings Limited 2101 Beneficial owner
Chang Nan Financial Control Limited 2101 Beneficial owner
Pluto Universal Holdings Limited 2101 Beneficial owner
Lei Junfeng 2201 Interest of corporation controlled by you
Li Hui 2201 Interest of corporation controlled by you
Nan Chang Shi Tong Li Qi Ye Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Nan Chang Xian Chang Nan Jin Kong Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

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