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Infinity Logistics And Transport Ventures (HKSE:01442) Net-Net Working Capital : HK$-0.17 (As of Dec. 2023)


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What is Infinity Logistics And Transport Ventures 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.

Infinity Logistics And Transport Ventures's Net-Net Working Capital for the quarter that ended in Dec. 2023 was HK$-0.17.

The industry rank for Infinity Logistics And Transport Ventures's Net-Net Working Capital or its related term are showing as below:

HKSE:01442's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 5.77
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Infinity Logistics And Transport Ventures Net-Net Working Capital Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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.

Infinity Logistics And Transport Ventures Net-Net Working Capital Chart

Infinity Logistics And Transport Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -0.08 -0.01 -0.04 -0.13 -0.17

Infinity Logistics And Transport Ventures Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 -0.04 -0.11 -0.13 -0.17 -0.17

Competitive Comparison of Infinity Logistics And Transport Ventures's Net-Net Working Capital

For the Integrated Freight & Logistics subindustry, Infinity Logistics And Transport Ventures'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.


Infinity Logistics And Transport Ventures's Price-to-Net-Net-Working-Capital Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Infinity Logistics And Transport Ventures's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Infinity Logistics And Transport Ventures's Price-to-Net-Net-Working-Capital falls into.



Infinity Logistics And Transport Ventures Net-Net Working Capital Calculation

Infinity Logistics And Transport Ventures's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(85.121+0.75 * 119.219+0.5 * 42.605-527.322
-0-9.079)/2064
=-0.17

Infinity Logistics And Transport Ventures'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)
=(85.121+0.75 * 119.219+0.5 * 42.605-527.322
-0-9.079)/2064
=-0.17

* 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.


Infinity Logistics And Transport Ventures  (HKSE:01442) 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.


Infinity Logistics And Transport Ventures Net-Net Working Capital Related Terms

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Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200
Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.
Executives
2926 Holdings Limited 2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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