GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Ltd (HKSE:09663) » Definitions » Net Cash per Share

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Net Cash per Share : HK$0.26 (As of Dec. 2023)


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

What is Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co 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). Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.26.

The historical rank and industry rank for Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Net Cash per Share or its related term are showing as below:

HKSE:09663' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 67   Med: 75.69   Max: 75.69
Current: 68.46

During the past 4 years, the highest Price-to-Net-Cash Ratio of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co was 75.69. The lowest was 67.00. And the median was 75.69.

HKSE:09663's Price-to-Net-Cash is ranked worse than
90.48% of 662 companies
in the Industrial Products industry
Industry Median: 8.425 vs HKSE:09663: 68.46

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Net Cash per Share Historical Data

The historical data trend for Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Net Cash per Share Chart

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.60 -0.38 -0.86 0.26

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Net Cash per Share -0.60 -0.38 -0.86 0.26

Competitive Comparison of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Net Cash per Share

For the Specialty Industrial Machinery subindustry, Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Price-to-Net-Cash falls into.



Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1764.214-1610.767-18.594)/518.042
=0.26

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co'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)
=(1764.214-1610.767-18.594)/518.042
=0.26

* 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.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co  (HKSE:09663) 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.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Room 501-2, Block No. 37, Hangzhou Bay New Economic Park, Port District, Zhejiang Province, Jiaxing City, CHN
Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Ltd is a technology-based hydrogen fuel cell company in the PRC focusing on research, development, production, and sales of hydrogen fuel cell stacks and hydrogen fuel cell systems. Its products include flexible graphite bipolar plates, hydrogen fuel cell stacks, and hydrogen fuel cell systems.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Headlines

No Headlines