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Linekong Interactive Group Co (HKSE:08267) Net Current Asset Value : HK$0.36 (As of Dec. 2023)


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What is Linekong Interactive Group Co 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).

Linekong Interactive Group Co's net current asset value per share for the quarter that ended in Dec. 2023 was HK$0.36.

The historical rank and industry rank for Linekong Interactive Group Co's Net Current Asset Value or its related term are showing as below:

HKSE:08267' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.57   Med: 0.97   Max: 3.05
Current: 1.15

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Linekong Interactive Group Co was 3.05. The lowest was 0.57. And the median was 0.97.

HKSE:08267's Price-to-Net-Current-Asset-Value is ranked better than
89.52% of 372 companies
in the Interactive Media industry
Industry Median: 4.04 vs HKSE:08267: 1.15

Linekong Interactive Group Co Net Current Asset Value Historical Data

The historical data trend for Linekong Interactive Group Co's Net Current Asset Value 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.

Linekong Interactive Group Co Net Current Asset Value Chart

Linekong Interactive Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.61 0.46 0.24 0.36

Linekong Interactive Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value 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 0.24 - 0.41 - 0.36

Competitive Comparison of Linekong Interactive Group Co's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Linekong Interactive Group Co'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.


Linekong Interactive Group Co's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Linekong Interactive Group Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Linekong Interactive Group Co's Price-to-Net-Current-Asset-Value falls into.



Linekong Interactive Group Co Net Current Asset Value Calculation

Linekong Interactive Group Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(211.799-79.743-0.47-0)/367.975
=0.36

Linekong Interactive Group Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(211.799-79.743-0.47-0)/367.975
=0.36

* 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.


Linekong Interactive Group Co  (HKSE:08267) 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 Graham’s 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.


Linekong Interactive Group Co Net Current Asset Value Related Terms

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Linekong Interactive Group Co (HKSE:08267) Business Description

Traded in Other Exchanges
N/A
Address
Block 3, No. 55 Heping West Road, Units 6–8, 5th Floor, Tower A, Jinan China Overseas Fortune Center, Shijingshan District, Beijing, CHN, 100102
Linekong Interactive Group Co Ltd is engaged in developing and publishing online and mobile games. Its products include action games, role-playing games and turn-based games such as the blade god, the sword of heaven, spirit of king, Sword of the Sky, light of dawn, noisy heaven, warrior king, the journey to the west, beast and yitian sword and tulong sabre. It operates through two segments namely, Game Business and Film Business. Geographically, the business presences of the group are seen across China, Hong Kong and other countries and regions.
Executives
Ho Chi Sing 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Associates L.p. 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Gp Associates Ltd. 2201 Interest of corporation controlled by you
Zhou Quan 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund L.p. 2101 Beneficial owner
Jin Jia Wei 2101 Beneficial owner
Liao Mingxiang 2101 Beneficial owner
Fubon Financial Holding Co., Ltd. 2101 Beneficial owner
Fubon Life Insurance Co., Ltd. 2101 Beneficial owner
Premier Selection Limited 2306 Nominee for another person
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Wang Feng 2101 Beneficial owner

Linekong Interactive Group Co (HKSE:08267) Headlines

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