LC Logistics (HKSE:02490) Net Cash per Share : HK$-0.37 (As of Dec. 2023)

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

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

HKSE:02490's Price-to-Net-Cash is not ranked ^*
in the Transportation industry.
Industry Median: 7.585
* Ranked among companies with meaningful Price-to-Net-Cash only.

LC Logistics Net Cash per Share Historical Data

The historical data trend for LC Logistics'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.

LC Logistics Net Cash per Share Chart

LC Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

-0.74

-2.00

-0.85

-0.37

LC Logistics Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Net Cash per Share	-0.74	-2.00	-0.85	-0.37

Competitive Comparison of LC Logistics's Net Cash per Share

For the Integrated Freight & Logistics subindustry, LC Logistics'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.

LC Logistics's Price-to-Net-Cash Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LC Logistics's Price-to-Net-Cash distribution charts can be found below:

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

LC Logistics 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.

LC Logistics'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)
=	(233.678	-	307.444	-	32.28)	/	286.269
=	-0.37

LC Logistics'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)
=	(233.678	-	307.444	-	32.28)	/	286.269
=	-0.37

LC Logistics (HKSE:02490) 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.

LC Logistics Net Cash per Share Related Terms

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LC Logistics (HKSE:02490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN

Website

http://www.burnasia.cn

LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.

Executives

Li Yan	2201 Interest of corporation controlled by you
Liu Quanxiang	2201 Interest of corporation controlled by you
Xu Xin	2201 Interest of corporation controlled by you
Grand Sailing Limited	2201 Interest of corporation controlled by you
Lecang Altitude Limited	2101 Beneficial owner
Glorious Sailing Limited	2101 Beneficial owner
Lecang Flourishing Limited	2101 Beneficial owner
Spring Wealth Limited	2201 Interest of corporation controlled by you
Lecang Shining Limited	2101 Beneficial owner
Peace Seaworld Limited	2201 Interest of corporation controlled by you

LC Logistics (HKSE:02490) Headlines

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