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Business-intelligence of Oriental Nations (SZSE:300166) Net-Net Working Capital : ¥0.53 (As of Mar. 2024)


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What is Business-intelligence of Oriental Nations 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.

Business-intelligence of Oriental Nations's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ¥0.53.

The industry rank for Business-intelligence of Oriental Nations's Net-Net Working Capital or its related term are showing as below:

SZSE:300166's Price-to-Net-Net-Working-Capital is ranked worse than
65.76% of 1180 companies
in the Software industry
Industry Median: 7.445 vs SZSE:300166: 12.58

Business-intelligence of Oriental Nations Net-Net Working Capital Historical Data

The historical data trend for Business-intelligence of Oriental Nations'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.

Business-intelligence of Oriental Nations Net-Net Working Capital Chart

Business-intelligence of Oriental Nations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.68 0.63 0.84 0.75

Business-intelligence of Oriental Nations Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.75 0.77 0.78 0.75 0.53

Competitive Comparison of Business-intelligence of Oriental Nations's Net-Net Working Capital

For the Software - Application subindustry, Business-intelligence of Oriental Nations'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.


Business-intelligence of Oriental Nations's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Business-intelligence of Oriental Nations's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Business-intelligence of Oriental Nations's Price-to-Net-Net-Working-Capital falls into.



Business-intelligence of Oriental Nations Net-Net Working Capital Calculation

Business-intelligence of Oriental Nations'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)
=(1118.584+0.75 * 1242.496+0.5 * 810.171-1582.752
-0-12.923)/1152.38
=0.75

Business-intelligence of Oriental Nations's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(676.749+0.75 * 1519.707+0.5 * 906.812-1646.87
-0-12.352)/1152.38
=0.53

* 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.


Business-intelligence of Oriental Nations  (SZSE:300166) 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.


Business-intelligence of Oriental Nations Net-Net Working Capital Related Terms

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Business-intelligence of Oriental Nations (SZSE:300166) Business Description

Traded in Other Exchanges
N/A
Address
Chuangda 3rd Road, Number 1 Courtyard, Dongfang Guoxin Building, Building 1, Chaoyang District, Laiguangying, Beijing, CHN, 100102
Business-intelligence of Oriental Nations Corp Ltd is a China-based big data technology company. It has created a big data core for big data collection, aggregation, processing, storage, analysis, mining, application, and management. The products and services of the company include Big data product, Big data operation, and System integration and operation and maintenance.
Executives
Zhang Yun Peng Executives
Cai Lu Securities Affairs Representative
Jin Zheng Hao Director
Huo Wei Ping Directors, executives
Jiang Hai Qing Executives
Wang Wei Min Executives
Chen Gui Xia Executives
Zhao Yi Supervisors
Shi Wen Hong Supervisors
Ma Zhang Xing Securities Affairs Representative
Guan Lian Ping Directors, executives

Business-intelligence of Oriental Nations (SZSE:300166) Headlines

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