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Envision Greenwise Holdings (HKSE:01783) Net-Net Working Capital : HK$-0.12 (As of Sep. 2023)


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What is Envision Greenwise Holdings 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.

Envision Greenwise Holdings's Net-Net Working Capital for the quarter that ended in Sep. 2023 was HK$-0.12.

The industry rank for Envision Greenwise Holdings's Net-Net Working Capital or its related term are showing as below:

HKSE:01783's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.52
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Envision Greenwise Holdings Net-Net Working Capital Historical Data

The historical data trend for Envision Greenwise Holdings'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.

Envision Greenwise Holdings Net-Net Working Capital Chart

Envision Greenwise Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial - 0.06 0.04 -0.10 -0.08

Envision Greenwise Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.07 -0.10 -0.14 -0.08 -0.12

Competitive Comparison of Envision Greenwise Holdings's Net-Net Working Capital

For the Engineering & Construction subindustry, Envision Greenwise Holdings'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.


Envision Greenwise Holdings's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

For the Construction industry and Industrials sector, Envision Greenwise Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Envision Greenwise Holdings's Price-to-Net-Net-Working-Capital falls into.



Envision Greenwise Holdings Net-Net Working Capital Calculation

Envision Greenwise Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(70.745+0.75 * 37.813+0.5 * 0.137-179.177
-0--0.069)/959.487
=-0.08

Envision Greenwise Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(55.055+0.75 * 27.468+0.5 * 0.09-221.555
-0--0.07)/1255.03
=-0.12

* 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.


Envision Greenwise Holdings  (HKSE:01783) 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.


Envision Greenwise Holdings Net-Net Working Capital Related Terms

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Envision Greenwise Holdings (HKSE:01783) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 2901 & 09-10, 29 floor, China Resources Building, Wanchai, HKG
Envision Greenwise Holdings Ltd Formerly Golden Ponder Holdings Ltd is an investment holding company. Along with its subsidiaries, the company provides superstructure building and RMAA works services and works as a main contractor in Hong Kong. Its superstructure building works refer to building works in relation to the parts of the structure above the ground level and the scope of superstructure building works contracts consists of development projects for residential and commercial buildings. While its RMAA works refer to the repair, maintenance, and additional work for an existing structure. Geographically, the group derives revenue from Hong Kong. Its key revenue source is from the superstructure building works.
Executives
Kwok Chun Sing 2201 Interest of corporation controlled by you
Chun Yip International Investment Limited 2101 Beneficial owner
Li Man Keung Edwin 2101 Beneficial owner
Ng Chun Keung 2101 Beneficial owner
Shiny Golden Limited 2101 Beneficial owner
Chan Kam Ming 2201 Interest of corporation controlled by you
Chan Kam Tong 2201 Interest of corporation controlled by you
Ng Wing Mui 2202 Interest of your spouse
Shu Ah Ping 2202 Interest of your spouse

Envision Greenwise Holdings (HKSE:01783) Headlines

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