Deewin Tianxia Co (HKSE:02418) Price-to-Tangible-Book : 0.94 (As of May. 29, 2024)

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What is Deewin Tianxia Co Price-to-Tangible-Book?

As of today (2024-05-29), Deewin Tianxia Co's share price is HK$1.53. Deewin Tianxia Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.63. Hence, Deewin Tianxia Co's Price to Tangible Book Ratio of today is 0.94.

The historical rank and industry rank for Deewin Tianxia Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:02418' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 0.91 Max: 1.23
Current: 0.94

During the past 5 years, Deewin Tianxia Co's highest Price to Tangible Book Ratio was 1.23. The lowest was 0.58. And the median was 0.91.

HKSE:02418's Price-to-Tangible-Book is ranked better than
70.27% of 1201 companies
in the Vehicles & Parts industry
Industry Median: 1.66 vs HKSE:02418: 0.94

A closely related ratio is called PB Ratio. As of today, Deewin Tianxia Co's share price is HK$1.53. Deewin Tianxia Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.65. Hence, Deewin Tianxia Co's P/B Ratio of today is 0.93.

Deewin Tianxia Co Price-to-Tangible-Book Historical Data

The historical data trend for Deewin Tianxia Co's Price-to-Tangible-Book 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.

Deewin Tianxia Co Price-to-Tangible-Book Chart

Deewin Tianxia Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.58

1.23

Deewin Tianxia Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	0.58	1.07	1.23

Competitive Comparison of Deewin Tianxia Co's Price-to-Tangible-Book

For the Auto & Truck Dealerships subindustry, Deewin Tianxia Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Deewin Tianxia Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Deewin Tianxia Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Deewin Tianxia Co's Price-to-Tangible-Book falls into.

Deewin Tianxia Co Price-to-Tangible-Book Calculation

Deewin Tianxia Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.53	/	1.626
	=	0.94

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Deewin Tianxia Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Deewin Tianxia Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Deewin Tianxia Co (HKSE:02418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Deewin Tianxia Co Ltd (HKSE:02418) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN

Website

http://www.deewintx.com

Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.

Executives

Jian Xin Xin Tuo Jian Hang Hao Dan Yi Zi Jin Xin Tuo Ji Hua
Hai Nan Tian Kun Tian Zhi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ji Xin Tuo You Xian Gong Si	2301 Trustee
Guo Tou Tai Kang Xin Tuo You Xian Gong Si	2301 Trustee
Hwabao Trust Co., Ltd	2301 Trustee
Shan Xi Qi Che Kong Gu Ji Tuan You Xian Gong Si
Shan Xi Qi Che Ji Tuan Gu Fen You Xian Gong Si
Shan Xi Zhong Xing Qi Che You Xian Gong Si

Deewin Tianxia Co (HKSE:02418) Headlines

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