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Shenzhen FRD Science & Techonology Co (SZSE:300602) Net Cash per Share : ¥-4.09 (As of Mar. 2024)


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What is Shenzhen FRD Science & Techonology 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). Shenzhen FRD Science & Techonology Co's Net Cash per Share for the quarter that ended in Mar. 2024 was ¥-4.09.

The historical rank and industry rank for Shenzhen FRD Science & Techonology Co's Net Cash per Share or its related term are showing as below:

During the past 12 years, the highest Price-to-Net-Cash Ratio of Shenzhen FRD Science & Techonology Co was 74.89. The lowest was 24.51. And the median was 61.73.

SZSE:300602's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.84
* Ranked among companies with meaningful Price-to-Net-Cash only.

Shenzhen FRD Science & Techonology Co Net Cash per Share Historical Data

The historical data trend for Shenzhen FRD Science & Techonology 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.

Shenzhen FRD Science & Techonology Co Net Cash per Share Chart

Shenzhen FRD Science & Techonology Co 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 -3.76 -2.66 -4.71 -6.18 -4.15

Shenzhen FRD Science & Techonology 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 -5.87 -3.73 -3.95 -4.15 -4.09

Competitive Comparison of Shenzhen FRD Science & Techonology Co's Net Cash per Share

For the Electronic Components subindustry, Shenzhen FRD Science & Techonology 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.


Shenzhen FRD Science & Techonology Co's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen FRD Science & Techonology Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Shenzhen FRD Science & Techonology Co's Price-to-Net-Cash falls into.



Shenzhen FRD Science & Techonology 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.

Shenzhen FRD Science & Techonology 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)
=(1254.009-3574.048-79.119)/578.05
=-4.15

Shenzhen FRD Science & Techonology 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)
=(1008.144-3297.384-72.936)/578.05
=-4.09

* 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.


Shenzhen FRD Science & Techonology Co  (SZSE:300602) 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.


Shenzhen FRD Science & Techonology Co Net Cash per Share Related Terms

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Shenzhen FRD Science & Techonology Co (SZSE:300602) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.
Executives
Ma Fei Director
Du Jin Song Directors, executives
Zhang Quan Hong Executives
Xie Huo Gui Supervisors
Liu Yi Executives
Wang Yan Directors, executives
Ma Jun Directors, executives
Lan Yu Hong Executives
Qiu Huan Wen Directors, executives
Shi Wei Min Executives
Lai Xiang Dong Independent director

Shenzhen FRD Science & Techonology Co (SZSE:300602) Headlines

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