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Huatai Securities Co (HKSE:06886) Net Cash per Share : HK$-40.56 (As of Mar. 2024)


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What is Huatai Securities Co Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Huatai Securities Co's Net Cash per Share for the quarter that ended in Mar. 2024 was HK$-40.56.

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

HKSE:06886's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.115
* Ranked among companies with meaningful Price-to-Net-Cash only.

Huatai Securities Co Net Cash per Share Historical Data

The historical data trend for Huatai Securities 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.

Huatai Securities Co Net Cash per Share Chart

Huatai Securities Co 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 -26.78 -36.45 -43.74 -42.30 -45.91

Huatai Securities Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -44.64 -44.71 -42.45 -45.91 -40.56

Competitive Comparison of Huatai Securities Co's Net Cash per Share

For the Capital Markets subindustry, Huatai Securities 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.


Huatai Securities Co's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Huatai Securities Co's Price-to-Net-Cash distribution charts can be found below:

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



Huatai Securities 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.

Huatai Securities 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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(377923.903+0-791120.377-3400.63)/9074.66
=-45.91

Huatai Securities Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(373621.711+0-736404.776-3489.739)/9029.38
=-40.56

* 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.


Huatai Securities Co  (HKSE:06886) 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.


Huatai Securities Co Net Cash per Share Related Terms

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Huatai Securities Co (HKSE:06886) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, Room 4201, 62nd Floor, The Center, Hong Kong, HKG
Huatai Securities Co Ltd is a financial services provider. The divisions through which the company operates include Wealth management business, Institutional services business, Investment management business, international business, and Others. It has operations spread across Mainland China and Hong Kong, while the Mainland China division drives most of the company revenues. The company generates most of its revenues from the wealth management business division.
Executives
Jiang Su Sheng Su Hao Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Citigroup Inc. 2201 Interest of corporation controlled by you
Jiang Su Sheng Guo Xin Ji Tuan You Xian Gong Si 2101 Beneficial owner

Huatai Securities Co (HKSE:06886) Headlines

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