Shengtak New Material Co (SZSE:300881) 3-Year Book Growth Rate : 7.80% (As of Mar. 2024)

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What is Shengtak New Material Co 3-Year Book Growth Rate?

Shengtak New Material Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥8.76.

During the past 12 months, Shengtak New Material Co's average Book Value per Share Growth Rate was 12.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 7.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 17.90% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Shengtak New Material Co was 31.70% per year. The lowest was -16.40% per year. And the median was 19.10% per year.

Competitive Comparison of Shengtak New Material Co's 3-Year Book Growth Rate

For the Steel subindustry, Shengtak New Material 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.

Shengtak New Material Co's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shengtak New Material Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Shengtak New Material Co's 3-Year Book Growth Rate falls into.

Shengtak New Material 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.

Shengtak New Material Co (SZSE:300881) 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.

Shengtak New Material Co 3-Year Book Growth Rate Related Terms

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Shengtak New Material Co (SZSE:300881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shengtak New Material Co Ltd (SZSE:300881) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

west of the industrial park district towns, Jiangsu Province, Changzhou, CHN, 213144

Website

http://www.shengdechina.com

Shengtak New Material Co Ltd is a manufacturer of high-end seamless tubes of carbon steel, alloy steel & stainless steel. The company manufactures rifled seamless alloy steel tubes and seamless stainless steel tubes for high-pressure boilers, petroleum cracking & fertilizer equipment, and automotive industries in China.

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