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China Fishery Group (China Fishery Group) Tangible Book per Share : $0.31 (As of Jun. 2015)


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What is China Fishery Group 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 Fishery Group's tangible book value per share for the quarter that ended in Jun. 2015 was $0.31.

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 Fishery Group Tangible Book per Share Historical Data

The historical data trend for China Fishery Group'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.

* Premium members only.

China Fishery Group Tangible Book per Share Chart

China Fishery Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.55 5.17 3.67 -0.77 -0.54

China Fishery Group Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 -0.56 -0.54 -0.48 -0.46 0.31

Competitive Comparison of China Fishery Group's Tangible Book per Share

For the Packaged Foods subindustry, China Fishery Group'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 Fishery Group's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Fishery Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Fishery Group's Price-to-Tangible-Book falls into.



China Fishery Group Tangible Book per Share Calculation

China Fishery Group's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2014 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1206.848-0-1318.391)/207.222
=-0.54

China Fishery Group's Tangible Book Value Per Share for the quarter that ended in Jun. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1432.077-0-1318.391)/368.344
=0.31

* 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 Fishery Group  (OTCPK:CIFHY) 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 Fishery Group Tangible Book per Share Related Terms

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China Fishery Group (China Fishery Group) Business Description

Traded in Other Exchanges
N/A
Address
188 Connaught Road West, Room 3312-3314, Hong Kong Plaza, Hong Kong, HKG
China Fishery Group Ltd is a Hong Kong-based industrial fishing company with access to fish in some of the fishing grounds, including the Anchovy fishery in Peru. Business activity of the firm is functioned through three reportable segments namely contract supply business, Peruvian fishmeal, and China fishery fleet. It offers fish products in various forms, such as frozen whole, headed and gutted, frozen fillets, and fish roe and milt for wholesalers and food processors, as well as sells fish meal and oil products for fish meal and oil distributors, and Omega-3 capsule manufacturers. Geographically, its business presence can be seen across the region of China, Europe, South America, Africa and Australia.

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