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East Buy Holding (HKSE:01797) Net-Net Working Capital : HK$2.41 (As of Nov. 2023)


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What is East Buy Holding 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.

East Buy Holding's Net-Net Working Capital for the quarter that ended in Nov. 2023 was HK$2.41.

The industry rank for East Buy Holding's Net-Net Working Capital or its related term are showing as below:

HKSE:01797's Price-to-Net-Net-Working-Capital is ranked worse than
58.33% of 84 companies
in the Education industry
Industry Median: 6.42 vs HKSE:01797: 7.61

East Buy Holding Net-Net Working Capital Historical Data

The historical data trend for East Buy Holding'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.

East Buy Holding Net-Net Working Capital Chart

East Buy Holding Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23
Net-Net Working Capital
Get a 7-Day Free Trial 2.68 1.22 1.43 1.39 2.27

East Buy Holding Semi-Annual Data
May16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 1.29 1.39 1.68 2.27 2.41

Competitive Comparison of East Buy Holding's Net-Net Working Capital

For the Education & Training Services subindustry, East Buy Holding'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.


East Buy Holding's Price-to-Net-Net-Working-Capital Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, East Buy Holding's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where East Buy Holding's Price-to-Net-Net-Working-Capital falls into.



East Buy Holding Net-Net Working Capital Calculation

East Buy Holding's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2023 is calculated as

Net-Net Working Capital(A: May. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3365.228+0.75 * 42.552+0.5 * 158.142-1177.076
-0-0)/1013.87
=2.27

East Buy Holding's Net-Net Working Capital (NNWC) per share for the quarter that ended in Nov. 2023 is calculated as

Net-Net Working Capital(Q: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3769.212+0.75 * 46.714+0.5 * 388.868-1554.371
-0-0)/1015.01
=2.41

* 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.


East Buy Holding  (HKSE:01797) 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.


East Buy Holding Net-Net Working Capital Related Terms

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East Buy Holding (HKSE:01797) Business Description

Traded in Other Exchanges
Address
2 Haidian East Third Road, Level 18, South Wing, Haidian District, Beijing, CHN, 100080
East Buy Holding Ltd is a live-streaming platform that focuses on selecting premium products for customers. The company operates in three reportable segments which include Private Label Products and Livestreaming E-Commerce, College Education, and Institutional Customers. The majority of its revenue comes from private label products and direct e-commerce segment, i.e. direct online commerce with private label products sold to individual customers and providing services. commission service.
Executives
New Oriental Education & Technology Group Inc. 2101 Beneficial owner
Yu Min Hong 2101 Beneficial owner
Image Frame Investment (hk) Limited
Tencent Holdings Limited

East Buy Holding (HKSE:01797) Headlines

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