China Cinda Asset Management Co (HKSE:01359) 3-Year Book Growth Rate : -0.80% (As of Dec. 2023)

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What is China Cinda Asset Management Co 3-Year Book Growth Rate?

China Cinda Asset Management Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$5.22.

During the past 12 months, China Cinda Asset Management Co's average Book Value per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was -0.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 12 years, the highest 3-Year average Book Value per Share Growth Rate of China Cinda Asset Management Co was 20.60% per year. The lowest was -0.80% per year. And the median was 7.20% per year.

Competitive Comparison of China Cinda Asset Management Co's 3-Year Book Growth Rate

For the Asset Management subindustry, China Cinda Asset Management Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

China Cinda Asset Management Co's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China Cinda Asset Management Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where China Cinda Asset Management Co's 3-Year Book Growth Rate falls into.

China Cinda Asset Management Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

China Cinda Asset Management Co (HKSE:01359) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

China Cinda Asset Management Co 3-Year Book Growth Rate Related Terms

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China Cinda Asset Management Co (HKSE:01359) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Cinda Asset Management Co Ltd (HKSE:01359) » Definitions » 3-Year Book Growth Rate

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Traded in Other Exchanges

CCGDF:USA

Address

9 Naoshikou Street, No.1 Building, Xicheng District, Beijing, CHN, 100031

Website

https://www.cinda.com.cn

China Cinda Asset Management Co Ltd is an asset management firm with operations in mainland China and Hong Kong. Its parent company was founded with approval from the State Council, with the intent of instituting reforms of state-owned banks. Its principal business segments include primarily Distressed asset management and, secondarily, Financial services. The company has a wide presence throughout the Chinese provinces and operates a few Tier 1 entities. Most of its income is derived from the distressed asset management business segment that comprise debt asset management conducted with respect to distressed assets, DES Assets management, other distressed asset management, and entrusted operation businesses.

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