Innovita Biological Technology Co (SHSE:688253) 3-Year Book Growth Rate : 27.40% (As of Mar. 2024)

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What is Innovita Biological Technology Co 3-Year Book Growth Rate?

Innovita Biological Technology Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥14.62.

During the past 12 months, Innovita Biological Technology Co's average Book Value per Share Growth Rate was 14.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 27.40% 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 6 years, the highest 3-Year average Book Value per Share Growth Rate of Innovita Biological Technology Co was 27.40% per year. The lowest was 27.40% per year. And the median was 27.40% per year.

Competitive Comparison of Innovita Biological Technology Co's 3-Year Book Growth Rate

For the Biotechnology subindustry, Innovita Biological Technology 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.

Innovita Biological Technology Co's 3-Year Book Growth Rate Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Innovita Biological Technology Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Innovita Biological Technology Co's 3-Year Book Growth Rate falls into.

Innovita Biological Technology 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.

Innovita Biological Technology Co (SHSE:688253) 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.

Innovita Biological Technology Co 3-Year Book Growth Rate Related Terms

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Innovita Biological Technology Co (SHSE:688253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Innovita Biological Technology Co Ltd (SHSE:688253) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Courtyard, Haiying Road, 1st Floor, 2nd Floor, Building 6, Fengtai District, Beijing, CHN, 100071

Website

https://www.innovita.com.cn

Innovita Biological Technology Co Ltd is a biotechnology company focusing on the research and development, production and sales of POCT in vitro diagnostic products.

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