GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wan Kei Group Holdings Ltd (HKSE:01718) » Definitions » Tangible Book per Share

Wan Kei Group Holdings (HKSE:01718) Tangible Book per Share : HK$1.41 (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Wan Kei Group Holdings 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. Wan Kei Group Holdings's tangible book value per share for the quarter that ended in Sep. 2023 was HK$1.41.

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.


Wan Kei Group Holdings Tangible Book per Share Historical Data

The historical data trend for Wan Kei Group Holdings'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.

Wan Kei Group Holdings Tangible Book per Share Chart

Wan Kei Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only 2.79 2.16 1.88 1.79 1.22

Wan Kei Group Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.91 1.79 1.78 1.22 1.41

Competitive Comparison of Wan Kei Group Holdings's Tangible Book per Share

For the Engineering & Construction subindustry, Wan Kei Group Holdings'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.


Wan Kei Group Holdings's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wan Kei Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Wan Kei Group Holdings's Price-to-Tangible-Book falls into.



Wan Kei Group Holdings Tangible Book per Share Calculation

Wan Kei Group Holdings's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(117.337-0-0.29)/96
=1.22

Wan Kei Group Holdings's Tangible Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(135.153-0-0.29)/96
=1.40

* 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.


Wan Kei Group Holdings  (HKSE:01718) 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.


Wan Kei Group Holdings Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Wan Kei Group Holdings's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Wan Kei Group Holdings (HKSE:01718) Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Hennessy Road, Unit No. 07, 16th Floor Emperor Group Centre, Wanchai, Hong Kong, HKG
Wan Kei Group Holdings Ltd is an engineering and construction company. It is engaged in the provision of foundation works including mini piles, pipe piles, and king posts. It also offers socketed steel, driven piles, and pre-drilling works. The operating business segments are Foundation Construction, Ground Investigation Services, Trading of beauty and skin care products and Financial Services. The Foundation construction segment provides foundation construction works to customers in Hong Kong, the Ground investigation services segment provides ground investigation services to customers in Hong Kong, Financial services segment provides investment, financing, and moneylending services. The company derives revenue mainly from the Foundation construction segment.
Executives
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Chu Yuet Wah 2201 Interest of corporation controlled by you
Samwood Global Limited 2103 Interests held jointly with another person
Suntecli Company Limited 2101 Beneficial owner
Chan Sui Yau 2202 Interest of your spouse
Fong Hon Hung 2103 Interests held jointly with another person
Kwong Sui Sim 2202 Interest of your spouse
Lau Woon Si 2201 Interest of corporation controlled by you
Leung Man Lun Stephen 2103 Interests held jointly with another person
So Choi 2202 Interest of your spouse
Coast International Asset Management Limited 2102 Investment manager

Wan Kei Group Holdings (HKSE:01718) Headlines

No Headlines