During the past 12 months, Hainan Strait Shipping Co's average Book Value Per Share Growth Rate was 8.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% 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 Hainan Strait Shipping Co was 74.30% per year. The lowest was -1.80% per year. And the median was 3.40% per year.
* 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.
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Hainan Strait Shipping Co Book Value per Share Chart
Competitive Comparison of Hainan Strait Shipping Co's Book Value per Share
For the Marine Shipping subindustry, Hainan Strait Shipping 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.
Hainan Strait Shipping Co's PB Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Hainan Strait Shipping Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hainan Strait Shipping Co's PB Ratio falls into.
Hainan Strait Shipping Co Book Value per Share Calculation
Hainan Strait Shipping 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.
Hainan Strait Shipping Co (SZSE:002320) 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.
Hainan Strait Shipping Co Book Value per Share Related Terms
Thank you for viewing the detailed overview of Hainan Strait Shipping Co's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Hainan Strait Shipping Co (SZSE:002320) Business Description
Hainan Strait Shipping Co Ltd is a China-based company principally engaged in the passenger transportation business. The company is also involved in logistics and tourism. Hainan Strait Shipping Co. Ltd. has approximately 18 passenger ships in operation, with a total of more than 700 seats.
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