GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » International Genius Co (HKSE:00033) » Definitions » Net-Net Working Capital

International Genius Co (HKSE:00033) Net-Net Working Capital : HK$0.01 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is International Genius Co Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

International Genius Co's Net-Net Working Capital for the quarter that ended in Dec. 2023 was HK$0.01.

The industry rank for International Genius Co's Net-Net Working Capital or its related term are showing as below:

HKSE:00033's Price-to-Net-Net-Working-Capital is ranked worse than
98.44% of 514 companies
in the Asset Management industry
Industry Median: 6.125 vs HKSE:00033: 414.00

International Genius Co Net-Net Working Capital Historical Data

The historical data trend for International Genius Co's Net-Net Working Capital 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.

International Genius Co Net-Net Working Capital Chart

International Genius Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 -2.12 -2.28 0.13 0.09

International Genius Co Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital 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 0.12 0.13 0.14 0.09 0.01

Competitive Comparison of International Genius Co's Net-Net Working Capital

For the Asset Management subindustry, International Genius Co's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


International Genius Co's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, International Genius Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where International Genius Co's Price-to-Net-Net-Working-Capital falls into.



International Genius Co Net-Net Working Capital Calculation

International Genius Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(89.196+0.75 * 24.476+0.5 * 9.7-64.398
-0-0.026)/537.245
=0.09

International Genius Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(56.032+0.75 * 74.55+0.5 * 2.48-105.673
-0-0.029)/537.245
=0.01

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.


International Genius Co  (HKSE:00033) Net-Net Working Capital Explanation

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


International Genius Co Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of International Genius Co's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


International Genius Co (HKSE:00033) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen's Road Central, Unit Nos 4202-05,42nd Floor, Cosco Tower, Hong Kong, HKG
International Genius Co, is an investment holding company mainly engaged in the trading of party products. The Company operates its business through six segments. The Party Products Trading segment is mainly engaged in the trading of party products. The Securities Brokerage and Asset Management segment is mainly engaged in the provision of securities brokerage and asset management services. The Lending Business segment is mainly engaged in the Provision of lending services. The Metals and Minerals Trading segment is engaged in metals and minerals trading. The Credit Guarantee Service and Investment Business segment are engaged in the credit guarantee service and investment business. The majority of revenue is generated from Securities brokerage and assets management.
Executives
Neo Tech Inc. 2201 Interest of corporation controlled by you
Ng Yu 2201 Interest of corporation controlled by you
Internet Finance Investment Co. Ltd 2101 Beneficial owner
Cheung Kwan 2101 Beneficial owner
Internet Finance Investment Company Limited 2101 Beneficial owner

International Genius Co (HKSE:00033) Headlines

No Headlines