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Anhui Xinli Finance Co (SHSE:600318) Price-to-Tangible-Book : 3.41 (As of May. 12, 2024)


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What is Anhui Xinli Finance Co Price-to-Tangible-Book?

As of today (2024-05-12), Anhui Xinli Finance Co's share price is ¥6.63. Anhui Xinli Finance Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.94. Hence, Anhui Xinli Finance Co's Price to Tangible Book Ratio of today is 3.41.

The historical rank and industry rank for Anhui Xinli Finance Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600318' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.19   Med: 6.23   Max: 17.13
Current: 3.42

During the past 13 years, Anhui Xinli Finance Co's highest Price to Tangible Book Ratio was 17.13. The lowest was 2.19. And the median was 6.23.

SHSE:600318's Price-to-Tangible-Book is ranked worse than
90.56% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs SHSE:600318: 3.42

A closely related ratio is called PB Ratio. As of today, Anhui Xinli Finance Co's share price is ¥6.63. Anhui Xinli Finance Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.05. Hence, Anhui Xinli Finance Co's P/B Ratio of today is 3.23.


Anhui Xinli Finance Co Price-to-Tangible-Book Historical Data

The historical data trend for Anhui Xinli Finance 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.

Anhui Xinli Finance Co Price-to-Tangible-Book Chart

Anhui Xinli Finance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 6.62 6.55 3.65 3.66

Anhui Xinli Finance 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 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 3.51 3.32 3.39 3.66 3.50

Competitive Comparison of Anhui Xinli Finance Co's Price-to-Tangible-Book

For the Asset Management subindustry, Anhui Xinli Finance 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.


Anhui Xinli Finance Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anhui Xinli Finance Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Anhui Xinli Finance Co's Price-to-Tangible-Book falls into.



Anhui Xinli Finance Co Price-to-Tangible-Book Calculation

Anhui Xinli Finance 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 )
=6.63/1.944
=3.41

* 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.

It can also be calculated from the numbers for the whole company:

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.


Anhui Xinli Finance Co Price-to-Tangible-Book Related Terms

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Anhui Xinli Finance Co (SHSE:600318) Business Description

Traded in Other Exchanges
N/A
Address
No. 269 Changjiang West Road, Chaohu, Anhui, CHN, 238001
Anhui Xinli Finance Co Ltd is focused on financial equity investment and asset management. The Group is positioned as a comprehensive financial enterprise featuring rural financial services and Internet finance. It has developed into a financial holding group that covers financial security, small loans, pawn shops, financial leasing, Internet finance (P2P), fund management, asset management and other seven financial institutions. Geographically operates the business through the region of China.

Anhui Xinli Finance Co (SHSE:600318) Headlines

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