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Carry Wealth Holdings (HKSE:00643) Net Cash per Share : HK$0.02 (As of Dec. 2023)


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What is Carry Wealth Holdings Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Carry Wealth Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$0.02.

The historical rank and industry rank for Carry Wealth Holdings's Net Cash per Share or its related term are showing as below:

HKSE:00643' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.96   Med: 7.23   Max: 15.5
Current: 11.5

During the past 13 years, the highest Price-to-Net-Cash Ratio of Carry Wealth Holdings was 15.50. The lowest was 2.96. And the median was 7.23.

HKSE:00643's Price-to-Net-Cash is ranked worse than
70.69% of 174 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 6.47 vs HKSE:00643: 11.50

Carry Wealth Holdings Net Cash per Share Historical Data

The historical data trend for Carry Wealth Holdings's Net Cash per Share 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.

Carry Wealth Holdings Net Cash per Share Chart

Carry Wealth Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.03 -0.13 -0.03 0.02

Carry Wealth Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share 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 -0.13 -0.06 -0.03 0.01 0.02

Competitive Comparison of Carry Wealth Holdings's Net Cash per Share

For the Apparel Manufacturing subindustry, Carry Wealth Holdings's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Carry Wealth Holdings's Price-to-Net-Cash Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carry Wealth Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Carry Wealth Holdings's Price-to-Net-Cash falls into.



Carry Wealth Holdings Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Carry Wealth Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(120.151-101.453-0)/886.398
=0.02

Carry Wealth Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(120.151-101.453-0)/900.067
=0.02

* 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.


Carry Wealth Holdings  (HKSE:00643) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Carry Wealth Holdings Net Cash per Share Related Terms

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Carry Wealth Holdings (HKSE:00643) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, Room 7801-7803, 78th Floor The Center, Central, Hong Kong, HKG
Carry Wealth Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of garment products, and securities investment. The company operates through the segments of Garment manufacturing and trading segment including the manufacturing of garments for apparel brands and the sale of garment products; and the Securities investment segment consisting of investment in various securities listed on the Hong Kong stock exchange. Its product ranges from polo, athletics, cardigan, hoody, tee, jacket, bottom, and dress to layette. In addition, the company also provides embroidery machines and printing facilities to handle fashionable graphic design on its product. It derives a majority of revenue from the U.S.
Executives
Mars Worldwide Holdings Limited 2101 Beneficial owner
Ma Xiaoqiu 2201 Interest of corporation controlled by you
Ma Xiao Qiu 2201 Interest of corporation controlled by you
Dragon Peace Limited 2101 Beneficial owner
Li Haifeng 2201 Interest of corporation controlled by you

Carry Wealth Holdings (HKSE:00643) Headlines

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