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Dongguan Tarry Electronics Co (SZSE:300976) Net Cash per Share : ¥9.54 (As of Mar. 2024)


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What is Dongguan Tarry Electronics 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). Dongguan Tarry Electronics Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥9.54.

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

SZSE:300976' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.64   Med: 3.21   Max: 5.15
Current: 4.32

During the past 9 years, the highest Price-to-Net-Cash Ratio of Dongguan Tarry Electronics Co was 5.15. The lowest was 2.64. And the median was 3.21.

SZSE:300976's Price-to-Net-Cash is ranked better than
73.81% of 672 companies
in the Industrial Products industry
Industry Median: 8.17 vs SZSE:300976: 4.32

Dongguan Tarry Electronics Co Net Cash per Share Historical Data

The historical data trend for Dongguan Tarry Electronics 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.

Dongguan Tarry Electronics Co Net Cash per Share Chart

Dongguan Tarry Electronics Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only 3.28 0.50 19.81 15.02 10.34

Dongguan Tarry Electronics Co Quarterly Data
Dec18 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 16.59 15.73 14.95 10.34 9.54

Competitive Comparison of Dongguan Tarry Electronics Co's Net Cash per Share

For the Metal Fabrication subindustry, Dongguan Tarry Electronics 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.


Dongguan Tarry Electronics Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dongguan Tarry Electronics Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Dongguan Tarry Electronics Co's Price-to-Net-Cash falls into.



Dongguan Tarry Electronics 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.

Dongguan Tarry Electronics 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)
=(1449.522-442.202-18.725)/95.5646
=10.34

Dongguan Tarry Electronics Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1415.01-487.593-16.971)/95.4686
=9.54

* 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.


Dongguan Tarry Electronics Co  (SZSE:300976) 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.


Dongguan Tarry Electronics Co Net Cash per Share Related Terms

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Dongguan Tarry Electronics Co (SZSE:300976) Business Description

Traded in Other Exchanges
N/A
Address
Tongsha Science and Technology Park, 3rd Floor, Area B, Building 5, Guanghui Industrial Zone, Dongcheng District, Guangdong Province, Dongguan, CHN, 523127
Dongguan Tarry Electronics Co Ltd is engaged in the research and development, production and sales of functional and structural devices for consumer electronics. It specializes in the production of precision die-cutting products, foam protective film tape, insulating and thermally conductive products, EMI shielding products, sewing and high-frequency earmuffs, head cushion products, assembly automation equipment and many other product series. Products are widely used in FPC flexible circuit boards, OLED backlight display modules, plastic shells, solar photovoltaics, power batteries, audio headsets, VR/AR and other electronic and electrical industries.

Dongguan Tarry Electronics Co (SZSE:300976) Headlines

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