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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) 3-Year Book Growth Rate : 4.40% (As of Dec. 2023)


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What is Shandong Weigao Group Medical Polymer Co 3-Year Book Growth Rate?

Shandong Weigao Group Medical Polymer Co's Book Value per Share for the quarter that ended in Dec. 2023 was $2.75.

During the past 12 months, Shandong Weigao Group Medical Polymer Co's average Book Value per Share Growth Rate was 1.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 8.80% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Shandong Weigao Group Medical Polymer Co was 66.50% per year. The lowest was 4.40% per year. And the median was 13.00% per year.


Competitive Comparison of Shandong Weigao Group Medical Polymer Co's 3-Year Book Growth Rate

For the Medical Instruments & Supplies subindustry, Shandong Weigao Group Medical Polymer 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.


Shandong Weigao Group Medical Polymer Co's 3-Year Book Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shandong Weigao Group Medical Polymer Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Shandong Weigao Group Medical Polymer Co's 3-Year Book Growth Rate falls into.



Shandong Weigao Group Medical Polymer 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.


Shandong Weigao Group Medical Polymer Co  (OTCPK:SHWGY) 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.


Shandong Weigao Group Medical Polymer Co 3-Year Book Growth Rate Related Terms

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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Business Description

Traded in Other Exchanges
Address
No.1, Weigao Road, Torch Hi-tech Science Park, Shandong Province, Weihai, CHN
Shandong Weigao Group Medical Polymer Co Ltd functions in the healthcare sector in China. Its business mainly involves the research and development, production, and sale of single-use medical device products. The company's segments include Medical device products, Orthopaedic products, Interventional products, Pharma packaging products, Blood management products, and others. The company's products comprise consumables including infusion sets, syringes, medical needles, blood bags, prefilled syringes, wound management, blood sampling products; orthopedic materials, and blood purification consumables and equipment. The company operates in the People's Republic of China, the United States, Europe, the Middle East, and Africa, Asia, and others.

Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Headlines