5 Stocks The Market Values At Less Than $0

Enterprise Value is most often used by finance professionals to understand the value of a business as if it was being bought out immediately.

It is the total amount of dollars that would be necessary to effectively buy the company (not including stock price premiums and transaction fees), calculated by taking the market capitalization of the company, subtracting out cash, and adding back total debt.

It is also usually adjusted for other payments that might be needed to be made, such as pension obligations, financial leases, and minority interest. For this number to be negative implies that there is an arbitrage opportunity.

Zuoan Fashion Ltd. ZA - $3.20

Apparel & Accessories

Zuoan Fashion Ltd. (Zuoan) is a China-based casual menswear company. The Company’s products are designed in-house and sold under its Zuoan brand.

The Company offers a range of products, including men’s casual apparel, footwear and lifestyle accessories, primarily targeting urban males between the ages of 20 and 40.

Zuoan sells its products through a distribution network covering 31 of China’s 32 provinces and centrally administered municipalities, as well as through its direct stores. Its products are primarily sold to customers through retail stores operated by its distributors and their sub-distributors.

• Market Cap: $26,775,814
• Enterprise Value: -$163,621,628
• Total Revenue (LTM): $153,450,717
• YTD Price Change: 17.4%

China Xiniya Fashion Ltd. XNY - $2.37

Apparel & Accessories

China Xiniya Fashion Limited is a holding company. The Company, through its operating wholly-owned subsidiary Fujian Xiniya Garments and Weaving Co., Ltd., provides men's business casual apparel in People's Republic of China.

The Company designs and manufactures men's business casual and business formal apparel and accessories, which are marketed under the Xiniya brand, and sells through its distribution network.

The Company focuses on creating products that feature style, design, fabrics and craftsmanship.

• Market Cap: $33,730,534
• Enterprise Value: -$136,226,558
• Total Revenue (LTM): $131,346,875
• YTD Price Change: 7.2%

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