What is DTXS Silk Road Investment Holdings Company Net Current Asset Value?
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
HKSE:00620'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.23 Med: 5.41 Max: 18.33
Current: 0.23
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of DTXS Silk Road Investment Holdings Company was 18.33. The lowest was 0.23. And the median was 5.41.
HKSE:00620's Price-to-Net-Current-Asset-Value is ranked better than 98.71% of 541
companies
in the Retail - Cyclical industry
Industry Median: 3.47
vs HKSE:00620: 0.23
DTXS Silk Road Investment Holdings Company Net Current Asset Value Historical Data
* 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.
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DTXS Silk Road Investment Holdings Company Net Current Asset Value Chart
DTXS Silk Road Investment Holdings Company Annual Data
Competitive Comparison of DTXS Silk Road Investment Holdings Company's Net Current Asset Value
For the Internet Retail subindustry, DTXS Silk Road Investment Holdings Company's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.
DTXS Silk Road Investment Holdings Company's Price-to-Net-Current-Asset-Value Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, DTXS Silk Road Investment Holdings Company's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where DTXS Silk Road Investment Holdings Company's Price-to-Net-Current-Asset-Value falls into.
DTXS Silk Road Investment Holdings Company Net Current Asset Value Calculation
* 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.
DTXS Silk Road Investment Holdings Company (HKSE:00620) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
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 Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
DTXS Silk Road Investment Holdings Company Net Current Asset Value Related Terms
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DTXS Silk Road Investment Holdings Company (HKSE:00620) Business Description
DTXS Silk Road Investment Holdings Company Ltd is an investment holding company. It operates in three segments: Arts and Cultural Division, which includes auction business and sale of antiques, art financing business and Art Central Business District business; Winery and Trading Division mainly represents the operation of vineyard, production and sale of wines, trading of merchandises (including electronic devices, cosmetics, and other consumer products) and related business; and Property Development Division. Majority of revenue is generated from Property Development Division. Its geographical segments are Mainland China, Hong Kong, and France, of which the majority of its revenue comes from Mainland China.
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