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China TMK Battery Systems (China TMK Battery Systems) Tangible Book per Share : $63.39 (As of Sep. 2011)


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What is China TMK Battery Systems 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. China TMK Battery Systems's tangible book value per share for the quarter that ended in Sep. 2011 was $63.39.

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.


China TMK Battery Systems Tangible Book per Share Historical Data

The historical data trend for China TMK Battery Systems'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.

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China TMK Battery Systems Tangible Book per Share Chart

China TMK Battery Systems Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Dec10
Tangible Book per Share
0.19 0.25 0.07 -0.02 33.79

China TMK Battery Systems Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Tangible Book 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 30.22 33.79 37.11 59.04 63.39

Competitive Comparison of China TMK Battery Systems's Tangible Book per Share

For the Electrical Equipment & Parts subindustry, China TMK Battery Systems'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.


China TMK Battery Systems's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China TMK Battery Systems's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China TMK Battery Systems's Price-to-Tangible-Book falls into.



China TMK Battery Systems Tangible Book per Share Calculation

China TMK Battery Systems's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2010 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(31.159-0-0)/0.9222
=33.79

China TMK Battery Systems's Tangible Book Value Per Share for the quarter that ended in Sep. 2011 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(58.467-0.008-0)/0.9222
=63.39

* 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.


China TMK Battery Systems  (OTCPK:DFEL) 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.


China TMK Battery Systems Tangible Book per Share Related Terms

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China TMK Battery Systems (China TMK Battery Systems) Business Description

Traded in Other Exchanges
N/A
Address
Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390
China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

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