Jilin Asia Link Technology Development Co (SZSE:002316) Price-to-Tangible-Book : 41.41 (As of May. 12, 2024)

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What is Jilin Asia Link Technology Development Co Price-to-Tangible-Book?

As of today (2024-05-12), Jilin Asia Link Technology Development Co's share price is ¥4.10. Jilin Asia Link Technology Development Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥0.10. Hence, Jilin Asia Link Technology Development Co's Price to Tangible Book Ratio of today is 41.41.

The historical rank and industry rank for Jilin Asia Link Technology Development Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002316' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.33 Med: 6.67 Max: 1554
Current: 41.41

During the past 13 years, Jilin Asia Link Technology Development Co's highest Price to Tangible Book Ratio was 1554.00. The lowest was 4.33. And the median was 6.67.

SZSE:002316's Price-to-Tangible-Book is ranked worse than
99.31% of 2303 companies
in the Hardware industry
Industry Median: 2.07 vs SZSE:002316: 41.41

A closely related ratio is called PB Ratio. As of today, Jilin Asia Link Technology Development Co's share price is ¥4.10. Jilin Asia Link Technology Development Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥0.16. Hence, Jilin Asia Link Technology Development Co's P/B Ratio of today is 25.95.

Jilin Asia Link Technology Development Co Price-to-Tangible-Book Historical Data

The historical data trend for Jilin Asia Link Technology Development 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.

Jilin Asia Link Technology Development Co Price-to-Tangible-Book Chart

Jilin Asia Link Technology Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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29.25

53.16

Jilin Asia Link Technology Development Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															38.41	51.28	26.41	53.16	44.44

Competitive Comparison of Jilin Asia Link Technology Development Co's Price-to-Tangible-Book

For the Communication Equipment subindustry, Jilin Asia Link Technology Development 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.

Jilin Asia Link Technology Development Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jilin Asia Link Technology Development Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jilin Asia Link Technology Development Co's Price-to-Tangible-Book falls into.

Jilin Asia Link Technology Development Co Price-to-Tangible-Book Calculation

Jilin Asia Link Technology Development Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	4.10	/	0.099
	=	41.41

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.

Jilin Asia Link Technology Development Co Price-to-Tangible-Book Related Terms

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

Jilin Asia Link Technology Development Co (SZSE:002316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jilin Asia Link Technology Development Co Ltd (SZSE:002316) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Room 1205, Chuangye Building, High-tech Industrial Development Zone, Jilin Province, Liaoyuan, CHN, 518057

Website

http://www.asialink.com

Jilin Asia Link Technology Development Co Ltd is primarily involved in the financial technology business and private network communication technology solution business. The financial technology business segment is mainly engaged in third-party payment services, big data service business and financial business. The private network communication technology solution business mainly serves the energy and transportation industries, including the research and development, manufacturing and related technical services of related software and hardware products. Geographically, the activities are carried out through China.

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