What is Beijing UBOX Online Technology Net Current Asset Value?
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
The historical rank and industry rank for Beijing UBOX Online Technology's Net Current Asset Value or its related term are showing as below:
HKSE:02429'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 53.31 Med: 53.31 Max: 53.59
Current: 53.59
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Beijing UBOX Online Technology was 53.59. The lowest was 53.31. And the median was 53.31.
HKSE:02429's Price-to-Net-Current-Asset-Value is ranked worse than 96.85% of 2156
companies
in the Industrial Products industry
Industry Median: 4.425
vs HKSE:02429: 53.59
Beijing UBOX Online Technology Net Current Asset Value Historical Data
* 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.
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Beijing UBOX Online Technology Net Current Asset Value Chart
Competitive Comparison of Beijing UBOX Online Technology's Net Current Asset Value
For the Business Equipment & Supplies subindustry, Beijing UBOX Online Technology's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.
Beijing UBOX Online Technology's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Beijing UBOX Online Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Beijing UBOX Online Technology's Price-to-Net-Current-Asset-Value falls into.
Beijing UBOX Online Technology Net Current Asset Value Calculation
Beijing UBOX Online Technology's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Beijing UBOX Online Technology (HKSE:02429) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
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 Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Beijing UBOX Online Technology Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of Beijing UBOX Online Technology's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Beijing UBOX Online Technology (HKSE:02429) Business Description
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.
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