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WANG & LEE Group (WANG & LEE Group) Net Cash per Share : $-0.04 (As of Dec. 2023)


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What is WANG & LEE Group 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). WANG & LEE Group's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.04.

The historical rank and industry rank for WANG & LEE Group's Net Cash per Share or its related term are showing as below:

WLGS's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 6.38
* Ranked among companies with meaningful Price-to-Net-Cash only.

WANG & LEE Group Net Cash per Share Historical Data

The historical data trend for WANG & LEE Group'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.

WANG & LEE Group Net Cash per Share Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.19 -0.20 -0.28 -0.04

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial -0.20 -0.22 -0.28 0.16 -0.04

Competitive Comparison of WANG & LEE Group's Net Cash per Share

For the Engineering & Construction subindustry, WANG & LEE Group'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.


WANG & LEE Group's Price-to-Net-Cash Distribution in the Construction Industry

For the Construction industry and Industrials sector, WANG & LEE Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where WANG & LEE Group's Price-to-Net-Cash falls into.



WANG & LEE Group 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.

WANG & LEE Group'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)
=(5.21-5.782-0)/15.0939
=-0.04

WANG & LEE Group'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)
=(5.21-5.782-0)/15.0939
=-0.04

* 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.


WANG & LEE Group  (NAS:WLGS) 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.


WANG & LEE Group Net Cash per Share Related Terms

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WANG & LEE Group (WANG & LEE Group) Business Description

Traded in Other Exchanges
N/A
Address
3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

WANG & LEE Group (WANG & LEE Group) Headlines

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