What is JiaXing Gas Group Co Book Value per Share?
JiaXing Gas Group Co's book value per share for the quarter that ended in Dec. 2023 was HK$8.14.
During the past 12 months, JiaXing Gas Group Co's average Book Value Per Share Growth Rate was 19.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 26.20% 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 book value growth rate using book value per share data.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of JiaXing Gas Group Co was 41.00% per year. The lowest was 8.80% per year. And the median was 35.20% per year.
During the past 7 years, the highest P/B Ratio of JiaXing Gas Group Co was 4.02. The lowest was 0.88. And the median was 1.39.
Good Sign:
JiaXing Gas Group Co Ltd stock PB Ratio (=0.92) is close to 5-year low of 0.88
JiaXing Gas Group Co Book Value per Share Historical Data
The historical data trend for JiaXing Gas Group Co's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of JiaXing Gas Group Co's Book Value per Share
For the Utilities - Regulated Gas subindustry, JiaXing Gas Group Co's PB Ratio, along with its competitors' market caps and PB Ratio 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.
JiaXing Gas Group Co's PB Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, JiaXing Gas Group Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where JiaXing Gas Group Co's PB Ratio falls into.
JiaXing Gas Group Co Book Value per Share Calculation
JiaXing Gas Group Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
JiaXing Gas Group Co (HKSE:09908) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
JiaXing Gas Group Co Book Value per Share Related Terms
Thank you for viewing the detailed overview of JiaXing Gas Group Co's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
JiaXing Gas Group Co (HKSE:09908) Business Description
JiaXing Gas Group Co Ltd is a piped natural gas (PNG) operator in Jiaxing. The company engages in sales of gas, PNG in Jiaxing, LNG and LPG; construction and installation services to construct and install end-user pipeline network and gas facilities; and provision of natural gas transportation services, sales of vapour and construction materials, and leasing of properties. Its customers include residential and non-residential users, property developers and owners or occupants of residential and non-residential properties.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:09908 has been successfully added to your 