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Central China Management Co (HKSE:09982) Net Cash per Share : HK$0.31 (As of Jun. 2023)


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What is Central China Management Co 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). Central China Management Co's Net Cash per Share for the quarter that ended in Jun. 2023 was HK$0.31.

The historical rank and industry rank for Central China Management Co's Net Cash per Share or its related term are showing as below:

HKSE:09982' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.35   Med: 2.09   Max: 3.75
Current: 0.35

During the past 5 years, the highest Price-to-Net-Cash Ratio of Central China Management Co was 3.75. The lowest was 0.35. And the median was 2.09.

HKSE:09982's Price-to-Net-Cash is ranked better than
97.37% of 190 companies
in the Real Estate industry
Industry Median: 5.75 vs HKSE:09982: 0.35

Central China Management Co Net Cash per Share Historical Data

The historical data trend for Central China Management Co'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.

Central China Management Co Net Cash per Share Chart

Central China Management Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
-0.15 -0.10 -0.10 0.52 0.36

Central China Management Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only 0.61 0.52 0.56 0.36 0.31

Competitive Comparison of Central China Management Co's Net Cash per Share

For the Real Estate Services subindustry, Central China Management Co'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.


Central China Management Co's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China Management Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Central China Management Co's Price-to-Net-Cash falls into.



Central China Management Co 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.

Central China Management Co's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1747.231-575.827-0)/3289.71
=0.36

Central China Management Co's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1810.734-679.338--0.475)/3625.8
=0.31

* 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.


Central China Management Co  (HKSE:09982) 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.


Central China Management Co Net Cash per Share Related Terms

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Central China Management Co (HKSE:09982) Business Description

Traded in Other Exchanges
N/A
Address
Nongye East Road, Room 212, 313, Block C, Jianye Office Building, Henan Province, Zhengzhou, CHN
Central China Management Company, or CCMGT, is one of China's leading property project management companies with a dominant market position in Henan province. As a project manager, CCMGT may be involved in overseeing the design, construction, marketing, and sales strategy of a development for its clients, that is, the project owners. CCMGT is a sister company of Central China Real Estate, or CCRE, a prominent real estate developer in Henan. Both CCMGT and CCRE are not government-linked or owned.
Executives
Joy Bright Investments Limited 2101 Beneficial owner
Wu Lam Li 2202 Interest of your spouse
Wu Po Sum 2201 Interest of corporation controlled by you

Central China Management Co (HKSE:09982) Headlines

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