Shanghai Ace Investment & Development Co (SHSE:603329) 3-Year Book Growth Rate : 11.20% (As of Mar. 2024)

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What is Shanghai Ace Investment & Development Co 3-Year Book Growth Rate?

Shanghai Ace Investment & Development Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥6.94.

During the past 12 months, Shanghai Ace Investment & Development Co's average Book Value per Share Growth Rate was -2.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 12 years, the highest 3-Year average Book Value per Share Growth Rate of Shanghai Ace Investment & Development Co was 19.20% per year. The lowest was -3.00% per year. And the median was 11.20% per year.

Competitive Comparison of Shanghai Ace Investment & Development Co's 3-Year Book Growth Rate

For the Marine Shipping subindustry, Shanghai Ace Investment & Development Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Shanghai Ace Investment & Development Co's 3-Year Book Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Ace Investment & Development Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Shanghai Ace Investment & Development Co's 3-Year Book Growth Rate falls into.

Shanghai Ace Investment & Development Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Shanghai Ace Investment & Development Co (SHSE:603329) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Shanghai Ace Investment & Development Co 3-Year Book Growth Rate Related Terms

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Shanghai Ace Investment & Development Co (SHSE:603329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai Ace Investment & Development Co Ltd (SHSE:603329) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

855 South Pudong Road, Room H, 33rd Floor, World Plaza, Shanghai, CHN, 200120

Website

http://www.aceonline.cn

Shanghai Ace Investment & Development Co Ltd is a logistics services provider in China. The company's main business is supply chain logistics and supply chain executive trading business. It offers multimodal transport of railways, highways, and waterways; third-party logistics services; bonded warehousing; loading and unloading operations; and warehousing and logistics supervision services.

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