Xunlei (XNET:NAS) and Gulf Resources (GURE:NAS) Trading at Less than Cash Value

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Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on NASDAQ

Today’s data is for companies listed on the NASDAQ.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
YTRA Yatra Online Inc 9.100000 36989000 None 7.3646 77.83 76.49
XNET Xunlei Ltd 3.610000 66183450 None 0.5757 3.69 None
CEMP Cempra Inc 3.800000 52503483 None 0.7938 3.86 3.60
AMCN AirMedia Group Inc 2.140000 62197822 None 0.4378 3.52 1.40
OPHT Ophthotech Corp 2.460000 35852827 None None 2.58 5.87
GURE Gulf Resources Inc 1.810000 46793791 2.5500 0.2668 3.69 3.64
UTSI UTStarcom Holdings Corp 2.140000 36460201 None 0.6583 2.23 8.49
JRJC China Finance Online Co Ltd 2.135000 23619603 3.7529 0.7556 2.80 1.54
OREX Orexigen Therapeutics Inc 3.150000 15227802 None 0.7908 5.03 -6.60
EVK Ever-Glory International Group Inc 2.650000 14792836 5.1818 0.5277 4.06 1.89
DRYS DryShips Inc 4.000000 9628842 None 6.5506 41.32 22.93
APWC Asia Pacific Wire & Cable Corp Ltd 2.700000 13819669 12.6082 0.2657 3.49 1.44
VLRX Valeritas Holdings Inc 4.900000 6842978 3.7605 1.2382 7.48 2.64
PRPH ProPhase Labs Inc 1.920000 17156776 2.3291 5.3851 2.49 2.49
GIGM GigaMedia Ltd 2.950000 11052235 None 0.5477 5.91 5.67
ZAIS ZAIS Group Holdings Inc 2.070000 14680782 None 0.9922 3.05 -23.63
ATEC Alphatec Holdings Inc 2.070000 10857733 None None 2.35 -1.58
ABAC Aoxin Tianli Group Inc 2.078200 7983745 12.6818 0.2566 7.08 6.75
ANTH Anthera Pharmaceuticals Inc 1.630000 10076164 None 3.8390 2.05 0.26
TEAR TearLab Corp 2.120000 5735732 None None 2.27 -2.42
GLBR Global Brokerage Inc 1.900000 6143305 5.3922 None 85.35 58.77
VISN.DL VisionChina Media Inc 2.240000 5137098 None 0.4786 2.92 -10.13
KBSF KBS Fashion Group Ltd 4.170000 1772016 None 0.1401 14.59 13.70
NURO NeuroMetrix Inc 3.990000 1268465 None 1.0562 5.44 7.25
ROSG Rosetta Genomics Ltd 1.590000 2588086 None 1.1182 2.38 0.91

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.


Xunlei has 1223 employees and is headquartered in China.
Xunlei Ltd is an online advertising service provider. It also provides downloading services and online game platforms for game developers and users. Its products and services include Xunlei accelerator and cloud acceleration subscription services.

GURE:NAS Gulf Resources

Gulf Resources has 715 employees and is headquartered in China.
Gulf Resources Inc manufactures and trades bromine and crude salt, and manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents.

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