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Ningbo Color Master Batch Co (SZSE:301019) Book Value per Share : ¥8.91 (As of Mar. 2024)


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What is Ningbo Color Master Batch Co Book Value per Share?

Ningbo Color Master Batch Co's book value per share for the quarter that ended in Mar. 2024 was ¥8.91.

During the past 12 months, Ningbo Color Master Batch Co's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.30% 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 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Ningbo Color Master Batch Co was 43.50% per year. The lowest was 31.30% per year. And the median was 37.40% per year.

Ningbo Color Master Batch Co's current price is ¥19.26. Its book value per share for the quarter that ended in Mar. 2024 was ¥8.91. Hence, today's PB Ratio of Ningbo Color Master Batch Co is 2.16.

During the past 7 years, the highest P/B Ratio of Ningbo Color Master Batch Co was 4.62. The lowest was 1.76. And the median was 2.53.


Ningbo Color Master Batch Co Book Value per Share Historical Data

The historical data trend for Ningbo Color Master Batch 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.

Ningbo Color Master Batch Co Book Value per Share Chart

Ningbo Color Master Batch Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 2.94 4.04 8.19 8.70 9.15

Ningbo Color Master Batch Co Quarterly Data
Dec18 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 8.86 8.67 8.93 9.15 8.91

Competitive Comparison of Ningbo Color Master Batch Co's Book Value per Share

For the Specialty Chemicals subindustry, Ningbo Color Master Batch 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.


Ningbo Color Master Batch Co's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningbo Color Master Batch Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Color Master Batch Co's PB Ratio falls into.



Ningbo Color Master Batch Co Book Value per Share Calculation

Ningbo Color Master Batch 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)
=(1,097.7-0.0)/120.0
=9.15

Ningbo Color Master Batch 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)
=(1,069.1-0.0)/120.0
=8.91

* 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.


Ningbo Color Master Batch Co  (SZSE:301019) 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.


Ningbo Color Master Batch Co Book Value per Share Related Terms

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Ningbo Color Master Batch Co (SZSE:301019) Business Description

Traded in Other Exchanges
N/A
Address
168 Jinhui West Road, Panhuo Street, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315105
Ningbo Masterbatch Co Ltd is engaged in research and development, production, sales and technical services of masterbatch. The company's products include Color masterbatch, Black masterbatch, White masterbatch, and Functional masterbatch. Its products are used in home appliances, food packaging, cosmetics, daily necessities, building materials, and automobiles.
Executives
Zhao Mao Hua Director
Zu Wan Nian Supervisors
Zhou Bi Hong Director
Zhang Xu Bo Supervisors

Ningbo Color Master Batch Co (SZSE:301019) Headlines

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