GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (SZSE:001289) » Definitions » Book Value per Share

China Longyuan Power Group (SZSE:001289) Book Value per Share : ¥8.79 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is China Longyuan Power Group Book Value per Share?

China Longyuan Power Group's book value per share for the quarter that ended in Mar. 2024 was ¥8.79.

During the past 12 months, China Longyuan Power Group's average Book Value Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Longyuan Power Group was 11.60% per year. The lowest was 5.40% per year. And the median was 8.55% per year.

China Longyuan Power Group's current price is ¥19.00. Its book value per share for the quarter that ended in Mar. 2024 was ¥8.79. Hence, today's PB Ratio of China Longyuan Power Group is 2.16.

During the past 13 years, the highest P/B Ratio of China Longyuan Power Group was 3.33. The lowest was 2.02. And the median was 2.31.

Good Sign:

China Longyuan Power Group Corp Ltd stock PB Ratio (=2.09) is close to 3-year low of 2.02


China Longyuan Power Group Book Value per Share Historical Data

The historical data trend for China Longyuan Power Group'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.

China Longyuan Power Group Book Value per Share Chart

China Longyuan Power Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 7.23 8.52 8.21 8.46

China Longyuan Power Group 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 8.51 8.68 8.46 8.46 8.79

Competitive Comparison of China Longyuan Power Group's Book Value per Share

For the Utilities - Renewable subindustry, China Longyuan Power Group'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.


China Longyuan Power Group's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Longyuan Power Group's PB Ratio falls into.



China Longyuan Power Group Book Value per Share Calculation

China Longyuan Power Group'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)
=(70,918-0)/8,382
=8.46

China Longyuan Power Group'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)
=(73,507-0)/8,360
=8.79

* 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.


China Longyuan Power Group  (SZSE:001289) 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.


China Longyuan Power Group Book Value per Share Related Terms

Thank you for viewing the detailed overview of China Longyuan Power Group's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


China Longyuan Power Group (SZSE:001289) Business Description

Traded in Other Exchanges
Address
6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN
Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

China Longyuan Power Group (SZSE:001289) Headlines

No Headlines