Newlink Technology (HKSE:09600) Price-to-Tangible-Book : 2.97 (As of Jun. 10, 2024)

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What is Newlink Technology Price-to-Tangible-Book?

As of today (2024-06-10), Newlink Technology's share price is HK$2.59. Newlink Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.87. Hence, Newlink Technology's Price to Tangible Book Ratio of today is 2.97.

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

HKSE:09600' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 1.62 Max: 2.98
Current: 2.98

During the past 7 years, Newlink Technology's highest Price to Tangible Book Ratio was 2.98. The lowest was 0.86. And the median was 1.62.

HKSE:09600's Price-to-Tangible-Book is ranked better than
55.08% of 2086 companies
in the Software industry
Industry Median: 3.47 vs HKSE:09600: 2.98

A closely related ratio is called PB Ratio. As of today, Newlink Technology's share price is HK$2.59. Newlink Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.09. Hence, Newlink Technology's P/B Ratio of today is 2.37.

Newlink Technology Price-to-Tangible-Book Historical Data

The historical data trend for Newlink Technology'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.

Newlink Technology Price-to-Tangible-Book Chart

Newlink Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.62

1.77

0.86

Newlink Technology Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							1.62	2.24	1.77	1.62	0.86

Competitive Comparison of Newlink Technology's Price-to-Tangible-Book

For the Software - Application subindustry, Newlink Technology'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.

Newlink Technology's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Newlink Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Newlink Technology's Price-to-Tangible-Book falls into.

Newlink Technology Price-to-Tangible-Book Calculation

Newlink Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.59	/	0.873
	=	2.97

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.

Newlink Technology Price-to-Tangible-Book Related Terms

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

Newlink Technology (HKSE:09600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newlink Technology Inc (HKSE:09600) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xueqing Road, 5th Floor, Tower A, Xueqing Jiachuang Building, Haidian District, Beijing, CHN, 100083

Website

https://www.xnewtech.com

Newlink Technology Inc is an investment holding company that provides IT solutions, technology-driven IT solutions based on self-developed software products. It provides traditional solution services to its customers involved in specific industries, such as finance, medical, transportation, and logistics as well as general industries. Geographically, all business activities are carried out in China.

Executives

Nebula Sc Holdings Limited	2101 Beneficial owner
Zhai Shuchun	2201 Interest of corporation controlled by you
Earnest Kai Holdings Limited	2101 Beneficial owner
Yuan Yukai	2201 Interest of corporation controlled by you
Guo Hao	2101 Beneficial owner
Wong Shumin	2202 Interest of your spouse
Zhai Shuchun	2201 Interest of corporation controlled by you

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