GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Service Holding Ltd (HKSE:02107) » Definitions » Tangible Book per Share

First Service Holding (HKSE:02107) Tangible Book per Share : HK$0.48 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is First Service Holding 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. First Service Holding's tangible book value per share for the quarter that ended in Dec. 2023 was HK$0.48.

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.


First Service Holding Tangible Book per Share Historical Data

The historical data trend for First Service Holding'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.

First Service Holding Tangible Book per Share Chart

First Service Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 0.26 0.77 0.51 0.46 0.48

First Service Holding Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.51 0.45 0.46 0.46 0.48

Competitive Comparison of First Service Holding's Tangible Book per Share

For the Real Estate Services subindustry, First Service Holding'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.


First Service Holding's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Service Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First Service Holding's Price-to-Tangible-Book falls into.



First Service Holding Tangible Book per Share Calculation

First Service Holding's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(719.149-0-236.321)/1000
=0.48

First Service Holding's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(719.149-0-236.321)/1000
=0.48

* 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.


First Service Holding  (HKSE:02107) 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.


First Service Holding Tangible Book per Share Related Terms

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


First Service Holding (HKSE:02107) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xiangheyuan Road, Dongzhimenwai, 3rd Floor, Building 10, Wanguocheng MOMA, Dongcheng District, Beijing, CHN, 100028
First Service Holding Ltd is a provider of property management services and green living solutions that cover the full property life cycle. The company's service portfolio is segregated into three business lines Property management services comprising cleaning, security, gardening and repair and maintenance; Green living solutions comprising energy operation services, green technology consulting services, systems installation services and sales of its AIRDINO systems; and Value-added services comprising parking space management services, communal area leasing services, sales assistance services, home living services, and preliminary planning and design consultancy.

First Service Holding (HKSE:02107) Headlines

No Headlines