GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hangzhou SF Intra-City Industrial Co Ltd (HKSE:09699) » Definitions » Net-Net Working Capital

Hangzhou SF Intra-City Industrial Co (HKSE:09699) Net-Net Working Capital : HK$2.47 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Hangzhou SF Intra-City Industrial 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.

Hangzhou SF Intra-City Industrial Co's Net-Net Working Capital for the quarter that ended in Dec. 2023 was HK$2.47.

The industry rank for Hangzhou SF Intra-City Industrial Co's Net-Net Working Capital or its related term are showing as below:

HKSE:09699's Price-to-Net-Net-Working-Capital is ranked better than
55.02% of 209 companies
in the Transportation industry
Industry Median: 5.77 vs HKSE:09699: 4.86

Hangzhou SF Intra-City Industrial Co Net-Net Working Capital Historical Data

The historical data trend for Hangzhou SF Intra-City Industrial 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.

Hangzhou SF Intra-City Industrial Co Net-Net Working Capital Chart

Hangzhou SF Intra-City Industrial Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -0.81 -0.35 3.34 2.15 2.47

Hangzhou SF Intra-City Industrial Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only 3.34 2.66 2.15 2.56 2.47

Competitive Comparison of Hangzhou SF Intra-City Industrial Co's Net-Net Working Capital

For the Integrated Freight & Logistics subindustry, Hangzhou SF Intra-City Industrial 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.


Hangzhou SF Intra-City Industrial Co's Price-to-Net-Net-Working-Capital Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hangzhou SF Intra-City Industrial Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Hangzhou SF Intra-City Industrial Co's Price-to-Net-Net-Working-Capital falls into.



Hangzhou SF Intra-City Industrial Co Net-Net Working Capital Calculation

Hangzhou SF Intra-City Industrial Co'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)
=(2642.019+0.75 * 1307.283+0.5 * 7.497-1332.876
-0-0)/929.105
=2.47

Hangzhou SF Intra-City Industrial 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)
=(2642.019+0.75 * 1307.283+0.5 * 7.497-1332.876
-0-0)/929.105
=2.47

* 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.


Hangzhou SF Intra-City Industrial Co  (HKSE:09699) 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.


Hangzhou SF Intra-City Industrial Co Net-Net Working Capital Related Terms

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


Hangzhou SF Intra-City Industrial Co (HKSE:09699) Business Description

Traded in Other Exchanges
N/A
Address
No. 3076 Xinghai Road, Floor 21-22, Shunfeng Headquarters Building, Nanshan District, Guangdong Province, Shenzhen, CHN
Hangzhou SF Intra-City Industrial Co Ltd is a third party instant distribution platform in China. It serves brand customers, small and medium sized merchants and individual users providing integrated real time logistics solutions for commercial distribution, daily pickup and delivery and others.
Executives
Ning Bo Shun Xiang Tong Cheng Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Sun Haijin 2201 Interest of corporation controlled by you
Boundless Plain Holdings Limited 2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si 2501 Other
Shen Zhen Shun Feng Tai Sen Kong Gu Ji Tuan You Xian Gong Si 2501 Other
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si 2501 Other
Li Eric 2201 Interest of corporation controlled by you
Sf Holding Limited 2501 Other
Wang Wei 2501 Other
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2101 Beneficial owner
Taobao Holding Limited 2201 Interest of corporation controlled by you
Tsang Hoi Lam 2201 Interest of corporation controlled by you
Parallel Universes Asset Management Limited 2201 Interest of corporation controlled by you
Shining Star Fund, L.p. 2101 Beneficial owner

Hangzhou SF Intra-City Industrial Co (HKSE:09699) Headlines

No Headlines