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Hainan Mining Co (SHSE:601969) Price-to-Tangible-Book : 2.80 (As of May. 16, 2024)


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What is Hainan Mining Co Price-to-Tangible-Book?

As of today (2024-05-16), Hainan Mining Co's share price is ¥7.18. Hainan Mining Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.56. Hence, Hainan Mining Co's Price to Tangible Book Ratio of today is 2.80.

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

SHSE:601969' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.87   Med: 3.48   Max: 9.35
Current: 2.8

During the past 13 years, Hainan Mining Co's highest Price to Tangible Book Ratio was 9.35. The lowest was 1.87. And the median was 3.48.

SHSE:601969's Price-to-Tangible-Book is ranked worse than
82.75% of 603 companies
in the Steel industry
Industry Median: 1.05 vs SHSE:601969: 2.80

A closely related ratio is called PB Ratio. As of today, Hainan Mining Co's share price is ¥7.18. Hainan Mining Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.31. Hence, Hainan Mining Co's P/B Ratio of today is 2.17.


Hainan Mining Co Price-to-Tangible-Book Historical Data

The historical data trend for Hainan Mining 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.

Hainan Mining Co Price-to-Tangible-Book Chart

Hainan Mining 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 3.48 3.45 4.84 2.66 2.56

Hainan Mining 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 2.64 2.29 2.19 2.56 2.60

Competitive Comparison of Hainan Mining Co's Price-to-Tangible-Book

For the Steel subindustry, Hainan Mining 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.


Hainan Mining Co's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hainan Mining Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hainan Mining Co's Price-to-Tangible-Book falls into.



Hainan Mining Co Price-to-Tangible-Book Calculation

Hainan Mining 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 )
=7.18/2.56
=2.80

* 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.


Hainan Mining Co Price-to-Tangible-Book Related Terms

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Hainan Mining Co (SHSE:601969) Business Description

Traded in Other Exchanges
N/A
Address
Changjiang Li Autonomous County, Hainan Shilu, CHN
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.

Hainan Mining Co (SHSE:601969) Headlines

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