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Solomon Systech (International) (HKSE:02878) Net Cash per Share : HK$0.16 (As of Dec. 2023)


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What is Solomon Systech (International) 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). Solomon Systech (International)'s Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.16.

The historical rank and industry rank for Solomon Systech (International)'s Net Cash per Share or its related term are showing as below:

HKSE:02878' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.42   Med: 2.14   Max: 5.71
Current: 1.84

During the past 13 years, the highest Price-to-Net-Cash Ratio of Solomon Systech (International) was 5.71. The lowest was 1.42. And the median was 2.14.

HKSE:02878's Price-to-Net-Cash is ranked better than
97.02% of 369 companies
in the Semiconductors industry
Industry Median: 10.67 vs HKSE:02878: 1.84

Solomon Systech (International) Net Cash per Share Historical Data

The historical data trend for Solomon Systech (International)'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.

Solomon Systech (International) Net Cash per Share Chart

Solomon Systech (International) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.06 -0.09 -0.01 0.16

Solomon Systech (International) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.09 -0.05 -0.01 0.10 0.16

Competitive Comparison of Solomon Systech (International)'s Net Cash per Share

For the Semiconductors subindustry, Solomon Systech (International)'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.


Solomon Systech (International)'s Price-to-Net-Cash Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solomon Systech (International)'s Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Solomon Systech (International)'s Price-to-Net-Cash falls into.



Solomon Systech (International) 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.

Solomon Systech (International)'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)
=(647.128-238.16--0.508)/2495.65
=0.16

Solomon Systech (International)'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)
=(647.128-238.16--0.508)/2495.65
=0.16

* 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.


Solomon Systech (International)  (HKSE:02878) 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.


Solomon Systech (International) Net Cash per Share Related Terms

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Solomon Systech (International) (HKSE:02878) Business Description

Traded in Other Exchanges
Address
No. 3 Science Park East Avenue, 6th Floor, Unit 607–613, Wireless Centre, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Solomon Systech (International) Ltd, along with its subsidiaries is a semiconductor company specializing in the design, development, and sales of integrated circuit products and system solutions for various applications like smartphones, smart televisions, and other smart devices including consumer electronics products, wearables, portable devices, and industrial appliances. Geographically, the company's business is spread across Taiwan, China, Europe, Japan, Korea, South East Asia, the United States of America, and other regions. Hong Kong generates maximum revenue for the company.

Solomon Systech (International) (HKSE:02878) Headlines

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