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Sinotruk (Hong Kong) (HKSE:03808) Net Cash per Share : HK$-13.20 (As of Dec. 2023)


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What is Sinotruk (Hong Kong) 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). Sinotruk (Hong Kong)'s Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-13.20.

The historical rank and industry rank for Sinotruk (Hong Kong)'s Net Cash per Share or its related term are showing as below:

HKSE:03808's Price-to-Net-Cash is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 12.19
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sinotruk (Hong Kong) Net Cash per Share Historical Data

The historical data trend for Sinotruk (Hong Kong)'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.

Sinotruk (Hong Kong) Net Cash per Share Chart

Sinotruk (Hong Kong) 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 -8.40 -18.47 -17.29 -10.79 -13.20

Sinotruk (Hong Kong) 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 -17.29 -13.42 -10.79 -19.26 -13.20

Competitive Comparison of Sinotruk (Hong Kong)'s Net Cash per Share

For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.


Sinotruk (Hong Kong)'s Price-to-Net-Cash Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sinotruk (Hong Kong)'s Price-to-Net-Cash falls into.



Sinotruk (Hong Kong) 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.

Sinotruk (Hong Kong)'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)
=(52707.672-80748.179-8409.377)/2760.99
=-13.20

Sinotruk (Hong Kong)'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)
=(52707.672-80748.179-8409.377)/2760.99
=-13.20

* 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.


Sinotruk (Hong Kong)  (HKSE:03808) 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.


Sinotruk (Hong Kong) Net Cash per Share Related Terms

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Sinotruk (Hong Kong) (HKSE:03808) Business Description

Traded in Other Exchanges
Address
No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101
Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.

Sinotruk (Hong Kong) (HKSE:03808) Headlines

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