Readboy Education Holding Co (HKSE:02385) Net Cash per Share : HK$0.43 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Readboy Education Holding 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). Readboy Education Holding Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.43.

The historical rank and industry rank for Readboy Education Holding Co's Net Cash per Share or its related term are showing as below:

HKSE:02385' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 9.44 Med: 13.66 Max: 17.88
Current: 17.7

During the past 5 years, the highest Price-to-Net-Cash Ratio of Readboy Education Holding Co was 17.88. The lowest was 9.44. And the median was 13.66.

HKSE:02385's Price-to-Net-Cash is ranked worse than
77.27% of 66 companies
in the Education industry
Industry Median: 6.4 vs HKSE:02385: 17.70

Readboy Education Holding Co Net Cash per Share Historical Data

The historical data trend for Readboy Education Holding 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.

Readboy Education Holding Co Net Cash per Share Chart

Readboy Education Holding Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

-0.47

-0.70

0.84

0.43

Readboy Education Holding Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial			-0.70	-0.70	0.84	0.46	0.43

Competitive Comparison of Readboy Education Holding Co's Net Cash per Share

For the Education & Training Services subindustry, Readboy Education Holding 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.

Readboy Education Holding Co's Price-to-Net-Cash Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Readboy Education Holding Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Readboy Education Holding Co's Price-to-Net-Cash falls into.

Readboy Education Holding 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.

Readboy Education Holding 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)
=	(401.014	-	251.23	-	-1.117)	/	352
=	0.43

Readboy Education Holding 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)
=	(401.014	-	251.23	-	-1.117)	/	352
=	0.43

Readboy Education Holding Co (HKSE:02385) 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.

Readboy Education Holding Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Readboy Education Holding Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Readboy Education Holding Co (HKSE:02385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Readboy Education Holding Co Ltd (HKSE:02385) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 38, Changyi Road, Wuguishan, Guangdong Province, Zhongshan, CHN

Website

https://www.readboy.com

Readboy Education Holding Co Ltd is an investment holding company engaged in the production and sale of personal student tablets, smart classroom solutions, wearable products, other products, and advertisement and content licensing in the People's Republic of China. The company has five operating segments; Production and sale of personal student tablets, Production and sale of smart classroom solutions, Production and sale of wearable products, Production and sale of other products, and Advertisement and content licensing. It derives a majority of its revenue from the production and sale of personal student tablets in the People's Republic of China.

Executives

Liu Zhilan	2101 Beneficial owner
Alpine Sky Limited	2101 Beneficial owner
Equiom Fiduciary Services (hong Kong) Limited	2301 Trustee
Kimlan Limited	2103 Interests held jointly with another person
Maples Trustee Services (cayman) Limited	2103 Interests held jointly with another person
Qin Shuguang	2201 Interest of corporation controlled by you
Sky Focus Holdings Limited	2103 Interests held jointly with another person
Trade Honour Holdings Limited	2101 Beneficial owner
Chen Zhiyong	2103 Interests held jointly with another person

Readboy Education Holding Co (HKSE:02385) Headlines

No Headlines