GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ganyuan Foods Co Ltd (SZSE:002991) » Definitions » Net Cash per Share

Ganyuan Foods Co (SZSE:002991) Net Cash per Share : ¥6.94 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Ganyuan Foods 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). Ganyuan Foods Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥6.94.

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

SZSE:002991' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 7.86   Med: 10.92   Max: 14.54
Current: 10.58

During the past 8 years, the highest Price-to-Net-Cash Ratio of Ganyuan Foods Co was 14.54. The lowest was 7.86. And the median was 10.92.

SZSE:002991's Price-to-Net-Cash is ranked worse than
52.23% of 314 companies
in the Consumer Packaged Goods industry
Industry Median: 9.905 vs SZSE:002991: 10.58

Ganyuan Foods Co Net Cash per Share Historical Data

The historical data trend for Ganyuan Foods 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.

Ganyuan Foods Co Net Cash per Share Chart

Ganyuan Foods Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -0.69 8.19 5.93 6.03 6.39

Ganyuan Foods Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.12 6.18 6.81 6.39 6.94

Competitive Comparison of Ganyuan Foods Co's Net Cash per Share

For the Packaged Foods subindustry, Ganyuan Foods 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.


Ganyuan Foods Co's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ganyuan Foods Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ganyuan Foods Co's Price-to-Net-Cash falls into.



Ganyuan Foods 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.

Ganyuan Foods Co'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)
=(1005.7-410.179-0)/93.2158
=6.39

Ganyuan Foods Co's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1014.368-367.703-0)/93.2158
=6.94

* 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.


Ganyuan Foods Co  (SZSE:002991) 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.


Ganyuan Foods Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Ganyuan Foods Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ganyuan Foods Co (SZSE:002991) Business Description

Traded in Other Exchanges
N/A
Address
Qingquan Biological Medicine Food Industrial Park, Pingxiang Economic & Technological Development Zone, Jiangxi Province, Pingxiang, CHN, 337000
Ganyuan Foods Co Ltd is engaged in production and sales of snack foods. The company's products include products include green beans, broad beans, melon seeds, black beans, peanuts, fried rice, beans and other roasted goods, as well as cashew nuts, macadamia nuts and other high-end nuts. Its bean snack brand is Ganyuan.
Executives
Yan Hai Yan Secretary, Director

Ganyuan Foods Co (SZSE:002991) Headlines

No Headlines