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Baosheng Media Group Holdings (Baosheng Media Group Holdings) Tangible Book per Share : $27.34 (As of Dec. 2023)


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What is Baosheng Media Group Holdings Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Baosheng Media Group Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was $27.34.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Baosheng Media Group Holdings Tangible Book per Share Historical Data

The historical data trend for Baosheng Media Group Holdings's Tangible Book 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.

Baosheng Media Group Holdings Tangible Book per Share Chart

Baosheng Media Group Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 22.84 30.30 48.09 29.44 27.34

Baosheng Media Group Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 48.09 39.87 29.44 27.90 27.34

Competitive Comparison of Baosheng Media Group Holdings's Tangible Book per Share

For the Advertising Agencies subindustry, Baosheng Media Group Holdings'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.


Baosheng Media Group Holdings's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Baosheng Media Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Baosheng Media Group Holdings's Price-to-Tangible-Book falls into.



Baosheng Media Group Holdings Tangible Book per Share Calculation

Baosheng Media Group Holdings's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(42.36-0-0.402)/1.53449
=27.34

Baosheng Media Group Holdings's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(42.36-0-0.402)/1.53449
=27.34

* 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 equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Baosheng Media Group Holdings  (NAS:BAOS) Tangible Book 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.


Baosheng Media Group Holdings Tangible Book per Share Related Terms

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Baosheng Media Group Holdings (Baosheng Media Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 8, Xishanhui, East Floor 5, Shijingshan District, Beijing, CHN, 100041
Baosheng Media Group Holdings Ltd operates as a V-log streaming marketing service provider. The firm offers comprehensive marketing solutions. Its services are Internet effect marketing, V-log or short video streaming marketing including content production and operation, e-commerce marketing, original big data platform system service, and AI technology. It provides one-stop and full-link deep customized marketing solutions for partners. Baosheng Group is also a core agency of domestic Internet companies such as Tencent, Alibaba, Bytedance, and Kuaishou, with performing channel marketing services, technologies, and applications.