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World Super Holdings (HKSE:08612) Net-Net Working Capital : HK$0.00 (As of Dec. 2023)


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What is World Super 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.

World Super Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2023 was HK$0.00.

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

HKSE:08612's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

World Super Holdings Net-Net Working Capital Historical Data

The historical data trend for World Super 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.

World Super Holdings Net-Net Working Capital Chart

World Super Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -0.01 -0.04 -0.01 -0.01 -

World Super Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.01 - -0.01 - -

Competitive Comparison of World Super Holdings's Net-Net Working Capital

For the Rental & Leasing Services subindustry, World Super 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.


World Super Holdings's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, World Super Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



World Super Holdings Net-Net Working Capital Calculation

World Super Holdings'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)
=(11.117+0.75 * 1.614+0.5 * 0.253-10.907
-0-0)/864
=0.00

World Super Holdings'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)
=(11.117+0.75 * 1.614+0.5 * 0.253-10.907
-0-0)/864
=0.00

* 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.


World Super Holdings  (HKSE:08612) 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.


World Super Holdings Net-Net Working Capital Related Terms

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World Super Holdings (HKSE:08612) Business Description

Traded in Other Exchanges
N/A
Address
183 Electric Road, Unit 3403, 34th Floor, AIA Tower, North Point, Hong Kong, HKG
World Super Holdings Ltd is an investment holding company mainly engaged in plant hire services. The Company operates its business through different segments. The Plant Hire segment mainly engages in the provision of rental services of crawler cranes, oscillators, reverse circulation drills (RCDs), and hydro mill trench cutters for construction projects. The Trading of Machinery, Tool, and Part segment mainly engages in the trading of new or used crawler cranes, RCDs, trench cutters, oscillators, and related spare parts. The Transportation and Other Service segment mainly engages in the provision of transportation services in delivering the machinery to and from customers' designated sites and other services.
Executives
Chiu Man Chi Vivi 2101 Beneficial owner
Li Haidong 2101 Beneficial owner
Chu Wing Yee 2201 Interest of corporation controlled by you
Bao Han Holdings Limited 2101 Beneficial owner
Sou Peng Kan Albert 2201 Interest of corporation controlled by you
Wen Qingrui 2101 Beneficial owner

World Super Holdings (HKSE:08612) Headlines

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