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.
Golden Eagle Retail Group Tangible Book per Share Historical Data
The historical data trend for Golden Eagle Retail 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.
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Golden Eagle Retail Group Tangible Book per Share Chart
Competitive Comparison of Golden Eagle Retail Group's Tangible Book per Share
For the Department Stores subindustry, Golden Eagle Retail 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.
Golden Eagle Retail Group's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Golden Eagle Retail Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Golden Eagle Retail Group's Price-to-Tangible-Book falls into.
Golden Eagle Retail Group Tangible Book per Share Calculation
Golden Eagle Retail Group's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Golden Eagle Retail Group (OTCPK:GDNEY) 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.
Golden Eagle Retail Group Tangible Book per Share Related Terms
Thank you for viewing the detailed overview of Golden Eagle Retail Group's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Golden Eagle Retail Group (Golden Eagle Retail Group) Business Description
Golden Eagle Retail Group Ltd is principally engaged in the development and operation of department stores in China. Targeting the mid-to-high end market, the company's stores are primarily located in four provinces and one municipality, including Jiangsu, Anhui, Shaanxi, Yunnan, and Shanghai. In addition to the core function as a department store chain, the company's stores also provide other functions and amenities, such as dining, entertainment, beauty, and personal care, cinemas, and preschool education. Specifically, for the company's stores, the majority of the total gross floor area is located in self-owned properties.
Golden Eagle Retail Group (Golden Eagle Retail Group) Headlines
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