Jin Medical International (Jin Medical International) Net Cash per Share : $0.05 (As of Sep. 2023)

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

What is Jin Medical International 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). Jin Medical International's Net Cash per Share for the quarter that ended in Sep. 2023 was $0.05.

The historical rank and industry rank for Jin Medical International's Net Cash per Share or its related term are showing as below:

ZJYL' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 23.4 Med: 23.4 Max: 68
Current: 68

During the past 4 years, the highest Price-to-Net-Cash Ratio of Jin Medical International was 68.00. The lowest was 23.40. And the median was 23.40.

ZJYL's Price-to-Net-Cash is ranked worse than
94.64% of 336 companies
in the Medical Devices & Instruments industry
Industry Median: 7.06 vs ZJYL: 68.00

Jin Medical International Net Cash per Share Historical Data

The historical data trend for Jin Medical International'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.

Jin Medical International Net Cash per Share Chart

Jin Medical International Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Net Cash per Share

-0.04

-0.01

0.01

0.05

Jin Medical International Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Cash per Share	Get a 7-Day Free Trial			-0.01	-	0.01	0.04	0.05

Competitive Comparison of Jin Medical International's Net Cash per Share

For the Medical Instruments & Supplies subindustry, Jin Medical International'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.

Jin Medical International's Price-to-Net-Cash Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Jin Medical International's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Jin Medical International's Price-to-Net-Cash falls into.

Jin Medical International 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.

Jin Medical International's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

	Net Cash per Share (A: Sep. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(16.698	-	8.924	-	0)	/	155.947
=	0.05

Jin Medical International's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

	Net Cash per Share (Q: Sep. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(16.698	-	8.924	-	0)	/	155.947
=	0.05

Jin Medical International (NAS:ZJYL) 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.

Jin Medical International Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Jin Medical International's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Jin Medical International (Jin Medical International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jin Medical International Ltd (NAS:ZJYL) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33 Lingxiang Road,, Wujin District, Jiangsu Province, Changzhou City, CHN, KY1-1205

Website

Jin Medical International Ltd offers rehabilitation equipment. It is primarily engaged in the design, development, manufacturing, and sales of wheelchair and other living aids products to be used by people with disabilities or impaired mobility. The Company's products are sold to distributors in both China and in overseas markets. Its product offerings comprise Wheelechaire serirs, Bath products, oxygen machines, nursing products, and conlo products.