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Archosaur Games (HKSE:09990) Net Current Asset Value : HK$2.47 (As of Dec. 2023)


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What is Archosaur Games 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).

Archosaur Games's net current asset value per share for the quarter that ended in Dec. 2023 was HK$2.47.

The historical rank and industry rank for Archosaur Games's Net Current Asset Value or its related term are showing as below:

HKSE:09990' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.58   Med: 1.7   Max: 4.3
Current: 0.59

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Archosaur Games was 4.30. The lowest was 0.58. And the median was 1.70.

HKSE:09990's Price-to-Net-Current-Asset-Value is ranked better than
96.5% of 371 companies
in the Interactive Media industry
Industry Median: 4.05 vs HKSE:09990: 0.59

Archosaur Games Net Current Asset Value Historical Data

The historical data trend for Archosaur Games'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.

Archosaur Games Net Current Asset Value Chart

Archosaur Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial 0.07 4.90 4.04 2.71 2.47

Archosaur Games Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.04 3.36 2.71 2.61 2.47

Competitive Comparison of Archosaur Games's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Archosaur Games'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.


Archosaur Games's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

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

* The bar in red indicates where Archosaur Games's Price-to-Net-Current-Asset-Value falls into.



Archosaur Games Net Current Asset Value Calculation

Archosaur Games'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)
=(2424.75-448.11-0-0)/799.364
=2.47

Archosaur Games'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)
=(2424.75-448.11-0-0)/799.364
=2.47

* 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.


Archosaur Games  (HKSE:09990) 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.


Archosaur Games Net Current Asset Value Related Terms

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Archosaur Games (HKSE:09990) Business Description

Traded in Other Exchanges
N/A
Address
No.11 HePingLi East Street, 4th Floor, No. 8 Hangxing Science Park, Dongcheng District, Beijing, CHN, 100013
Archosaur Games Inc is a mobile game developer in China. The company's games include real 3D mobile MMORPG grand strategy wargames, Loong Craft; Dragon Raja which is a real 3D mobile MMORPG powered by Unreal Engine 4; and real 3D turn-based mobile MMORPGs, Fantasy Zhuxian.
Executives
Gic Private Limited 2102 Investment manager
Li Qing
Tencent Holdings Limited
Cresc Chorus Limited 2101 Beneficial owner
Luckq Technology Limited 2201 Interest of corporation controlled by you
Chi Yufeng 2201 Interest of corporation controlled by you
Perfect Freedom Company Limited 2201 Interest of corporation controlled by you
Perfect Game Speed Company Limited 2201 Interest of corporation controlled by you
Perfect World Interactive Entertainment Co., Ltd. 2101 Beneficial owner
Wan Mei Shi Jie Bei Jing Ruan Jian Ke Ji Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Wan Mei Shi Jie You Xi You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Wan Mei Shi Jie Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Image Frame Investment (hk) Limited

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