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Capital VC (HKSE:02324) Net Cash per Share : HK$0.38 (As of Sep. 2023)


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What is Capital VC 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). Capital VC's Net Cash per Share for the quarter that ended in Sep. 2023 was HK$0.38.

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

HKSE:02324' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.04   Med: 0.3   Max: 0.69
Current: 0.45

During the past 13 years, the highest Price-to-Net-Cash Ratio of Capital VC was 0.69. The lowest was 0.04. And the median was 0.30.

HKSE:02324's Price-to-Net-Cash is ranked better than
96.55% of 203 companies
in the Capital Markets industry
Industry Median: 6.62 vs HKSE:02324: 0.45

Capital VC Net Cash per Share Historical Data

The historical data trend for Capital VC'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.

Capital VC Net Cash per Share Chart

Capital VC Annual Data
Trend Jun14 Jun15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.67 0.86 0.64 0.38

Capital VC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.86 0.64 0.64 0.53 0.38

Competitive Comparison of Capital VC's Net Cash per Share

For the Capital Markets subindustry, Capital VC'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.


Capital VC's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Capital VC's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Capital VC's Price-to-Net-Cash falls into.



Capital VC 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.

Capital VC's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(218.117-58.743-0)/420.128
=0.38

Capital VC's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(218.117-58.743-0)/420.128
=0.38

* 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.


Capital VC  (HKSE:02324) 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.


Capital VC Net Cash per Share Related Terms

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Capital VC (HKSE:02324) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, Room 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG
Capital VC Ltd is an investment holding company. The company's operating segment includes Investment in listed securities and unlisted bonds and Investment in unlisted securities. Its investment portfolio covers a wide range of business sectors, including companies engaged in sectors such as finance, consumer goods and consumer services, media, manufacturing, and construction. Key revenue comes from investment in listed and unlisted bonds.

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