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Singularity Future Technology (Singularity Future Technology) Net-Net Working Capital : $3.60 (As of Mar. 2024)


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What is Singularity Future Technology Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Singularity Future Technology's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $3.60.

The industry rank for Singularity Future Technology's Net-Net Working Capital or its related term are showing as below:

SGLY's Price-to-Net-Net-Working-Capital is ranked better than
89.9% of 208 companies
in the Transportation industry
Industry Median: 5.395 vs SGLY: 1.18

Singularity Future Technology Net-Net Working Capital Historical Data

The historical data trend for Singularity Future Technology's Net-Net Working Capital 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.

Singularity Future Technology Net-Net Working Capital Chart

Singularity Future Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.33 3.88 30.97 12.18 5.45

Singularity Future Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital 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 6.27 5.45 4.38 0.55 3.60

Competitive Comparison of Singularity Future Technology's Net-Net Working Capital

For the Integrated Freight & Logistics subindustry, Singularity Future Technology's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Singularity Future Technology's Price-to-Net-Net-Working-Capital Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Singularity Future Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Singularity Future Technology's Price-to-Net-Net-Working-Capital falls into.



Singularity Future Technology Net-Net Working Capital Calculation

Singularity Future Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17.462+0.75 * 0.199+0.5 * 0-10.277
-0--2.22)/1.75155
=5.45

Singularity Future Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(14.673+0.75 * 0.279+0.5 * 0-4.856
-0--2.595)/3.50349
=3.60

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.


Singularity Future Technology  (NAS:SGLY) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Singularity Future Technology Net-Net Working Capital Related Terms

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Singularity Future Technology (Singularity Future Technology) Business Description

Traded in Other Exchanges
N/A
Address
98 Cutter Mill Road, Suite 311, Great Neck, NY, USA, 11021
Singularity Future Technology Ltd is an investment holding company. The company's operating segment includes Freight Logistics Services and Sale of Crypto-mining Machines. It generates maximum revenue from the Freight Logistics Services segment. Geographically, it derives a majority of its revenue from China.
Executives
Zhongliang Xie director SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11021
Ying Cao officer: CFO SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11021
Ling Jiang director SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11201
Haotian Song director, officer: Voce President SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11201
Dianjiang Wang officer: CFO SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11201
Ziyuan Liu director, officer: Chairman of the Board and CEO SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11201
Yang Jie director, officer: Chief Executive Officer 108 WOOLEYS LN, GREAT NECK NJ 11023
Jing Shan officer: Chief Operating Officer 9 AVE AT PORT IMPERIAL, UNITE 622, WEST NEW YORK NJ 07093
Shi Qiu officer: Chief Technology Officer 67B 157 WEST 57 STREET, NEW YORK NY 10019
Heng Wang director 16-017, 85 BROAD STREET, NEW YORK NY 10004
Lei Nie officer: Vice President 49 ELMTREE LANE, JERICHO NY 11753
Xiaohuan Huang director GRAND TWO 131-03 40TH RD, FLUSHING NY 11354
Junfeng Xu director RM802, JUYUANBEILI, DAHONGMEN RD., FENGTAI DIST., BEIJING F4 100076
Jianming Li director RM102 NO.77 BAO GANG SI CUN, YOUYI RD, BAOSHAN DISTRICT, SHANGHAI F4 201999
Jing Wang director 36-09 MAIN STREET, SUITE 9C-2, FLUSHING NY 11354

Singularity Future Technology (Singularity Future Technology) Headlines

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