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China Bohai Bank Co (HKSE:09668) Net Cash per Share : HK$-90.90 (As of Dec. 2023)


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What is China Bohai Bank 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). China Bohai Bank Co's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-90.90.

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

HKSE:09668's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 17.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Bohai Bank Co Net Cash per Share Historical Data

The historical data trend for China Bohai Bank 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.

China Bohai Bank Co Net Cash per Share Chart

China Bohai Bank Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -59.24 -77.37 -91.25 -88.45 -90.90

China Bohai Bank Co Semi-Annual Data
Dec17 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 -91.25 -93.25 -88.45 -88.73 -90.90

Competitive Comparison of China Bohai Bank Co's Net Cash per Share

For the Banks - Regional subindustry, China Bohai Bank 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.


China Bohai Bank Co's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Bohai Bank Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Bohai Bank Co's Price-to-Net-Cash falls into.



China Bohai Bank 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.

China Bohai Bank 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)
=(155447.566+0-1770096.426-0)/17762
=-90.90

China Bohai Bank Co's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(155447.566+0-1770096.426-0)/17762
=-90.90

* 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.


China Bohai Bank Co  (HKSE:09668) 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.


China Bohai Bank Co Net Cash per Share Related Terms

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China Bohai Bank Co (HKSE:09668) Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Haihe East Road, Hedong District, Tianjin, CHN, 300012
China Bohai Bank Co Ltd offers banking services. Its operating segments are Corporate Banking, Retail Banking, Financial market business, and others. The company generates its revenue from the Corporate banking segment, which offers products and services such as corporate loans, advances, trade financing, deposit-taking activities, agency services, wealth management services, and other services. The Retail segment includes services such as personal loans, deposit-taking activities, personal wealth management services, and remittance services. The Financial market business includes inter-bank money market transactions, repurchase transactions, and investments. Geographically, the bank operates only in China.
Executives
Shandong Gold Financial Holdings Group (hongkong) Co., Limited 2101 Beneficial owner
Standard Chartered Plc
Standard Chartered Bank (hong Kong) Limited 2101 Beneficial owner
Yi Chang Dong Yang Guang Jian Kang Yao Ye You Xian Gong Si

China Bohai Bank Co (HKSE:09668) Headlines

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