Fenbi (HKSE:02469) Net Cash per Share : HK$0.37 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Fenbi 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). Fenbi's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.37.

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

HKSE:02469' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 12.41 Med: 12.41 Max: 12.55
Current: 12.54

During the past 5 years, the highest Price-to-Net-Cash Ratio of Fenbi was 12.55. The lowest was 12.41. And the median was 12.41.

HKSE:02469's Price-to-Net-Cash is ranked worse than
72.31% of 65 companies
in the Education industry
Industry Median: 6.54 vs HKSE:02469: 12.54

Fenbi Net Cash per Share Historical Data

The historical data trend for Fenbi'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.

Fenbi Net Cash per Share Chart

Fenbi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

-0.01

-4.10

-5.38

-6.06

0.37

Fenbi Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial			-5.38	-5.41	-6.06	0.37	0.37

Competitive Comparison of Fenbi's Net Cash per Share

For the Education & Training Services subindustry, Fenbi'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.

Fenbi's Price-to-Net-Cash Distribution in the Education Industry

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

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

Fenbi 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.

Fenbi'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)
=	(1778.915	-	934.923	-	0)	/	2281.38
=	0.37

Fenbi'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)
=	(1778.915	-	934.923	-	0)	/	2281.38
=	0.37

Fenbi (HKSE:02469) 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.

Fenbi Net Cash per Share Related Terms

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

Fenbi (HKSE:02469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Fenbi Ltd (HKSE:02469) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao North Road, Room 601, 1-6th Floor, Building 103, No. 10 Courtyard, Chaoyang District, Beijing, CHN

Website

https://www.fenbi.com

Fenbi Ltd operates as a non-formal vocational education and training (VET) service provider in China. The company is a career test preparation service provider in China, providing a comprehensive suite of recruitment and qualification examination tutoring courses for adult students pursuing careers in government-sponsored institutions and a number of professions and industries. It helps college graduates excel in the competitive selection process administered by governmental institutions, and help professionals obtain the relevant qualifications.

Fenbi (HKSE:02469) Headlines

No Headlines