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Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Book Value per Share : ¥17.15 (As of Mar. 2024)


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What is Jiangsu Goodwe Power Supply Technology Co Book Value per Share?

Jiangsu Goodwe Power Supply Technology Co's book value per share for the quarter that ended in Mar. 2024 was ¥17.15.

During the past 12 months, Jiangsu Goodwe Power Supply Technology Co's average Book Value Per Share Growth Rate was 13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 49.20% 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 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Jiangsu Goodwe Power Supply Technology Co was 62.00% per year. The lowest was 26.90% per year. And the median was 56.90% per year.

Jiangsu Goodwe Power Supply Technology Co's current price is ¥97.60. Its book value per share for the quarter that ended in Mar. 2024 was ¥17.15. Hence, today's PB Ratio of Jiangsu Goodwe Power Supply Technology Co is 5.69.

During the past 10 years, the highest P/B Ratio of Jiangsu Goodwe Power Supply Technology Co was 33.57. The lowest was 5.27. And the median was 14.77.

Good Sign:

Jiangsu Goodwe Power Supply Technology Co Ltd stock PB Ratio (=5.69) is close to 5-year low of 5.27


Jiangsu Goodwe Power Supply Technology Co Book Value per Share Historical Data

The historical data trend for Jiangsu Goodwe Power Supply Technology 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.

* Premium members only.

Jiangsu Goodwe Power Supply Technology Co Book Value per Share Chart

Jiangsu Goodwe Power Supply Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 8.45 9.60 13.09 17.25

Jiangsu Goodwe Power Supply Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.16 16.45 17.39 17.25 17.15

Competitive Comparison of Jiangsu Goodwe Power Supply Technology Co's Book Value per Share

For the Electronic Components subindustry, Jiangsu Goodwe Power Supply Technology 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.


Jiangsu Goodwe Power Supply Technology Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Goodwe Power Supply Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Goodwe Power Supply Technology Co's PB Ratio falls into.



Jiangsu Goodwe Power Supply Technology Co Book Value per Share Calculation

Jiangsu Goodwe Power Supply Technology Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,983-0)/173
=17.25

Jiangsu Goodwe Power Supply Technology Co's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,965-0)/173
=17.15

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Jiangsu Goodwe Power Supply Technology Co  (SHSE:688390) 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.


Jiangsu Goodwe Power Supply Technology Co Book Value per Share Related Terms

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Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Business Description

Traded in Other Exchanges
N/A
Address
No. 90, Zijin Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215011
Jiangsu Goodwe Power Supply Technology Co Ltd is engaged in production and sales of new energy power supply equipment such as solar energy and energy storage. The company's products include residential inverters, commercial rooftop inverters, ground utility inverters, energy storage inverters, and monitoring systems.
Executives
Lu Jin Jun Director
Dou Jin Li senior management
Wang Yin Chao senior management
Fang Gang Director
Huang Min Director
Zheng Jia Xuan Director

Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Headlines

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