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Vanov Holdings Co (HKSE:02260) Tangible Book per Share : HK$0.73 (As of Dec. 2023)


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What is Vanov Holdings Co 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. Vanov Holdings Co's tangible book value per share for the quarter that ended in Dec. 2023 was HK$0.73.

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.


Vanov Holdings Co Tangible Book per Share Historical Data

The historical data trend for Vanov Holdings Co'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.

Vanov Holdings Co Tangible Book per Share Chart

Vanov Holdings Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 0.17 0.26 0.37 0.68 0.73

Vanov Holdings Co Semi-Annual Data
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 0.37 0.64 0.68 0.67 0.73

Competitive Comparison of Vanov Holdings Co's Tangible Book per Share

For the Paper & Paper Products subindustry, Vanov Holdings 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.


Vanov Holdings Co's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanov Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

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



Vanov Holdings Co Tangible Book per Share Calculation

Vanov Holdings Co'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)
=(443.698-0-93.391)/483.442
=0.72

Vanov Holdings Co'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)
=(443.698-0-93.391)/483.442
=0.72

* 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.


Vanov Holdings Co  (HKSE:02260) 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.


Vanov Holdings Co Tangible Book per Share Related Terms

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Vanov Holdings Co (HKSE:02260) Business Description

Traded in Other Exchanges
N/A
Address
No. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN
Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture and sales of papermaking felts. The company has its variety of products which includes Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, Pulp papermaking felts. The company generates majority of its revenue from The PRC region.
Executives
Shen Genlian 2307 Founder of a discretionary trust who can infl
Vistra Trust (singapore) Pte. Limited 2301 Trustee
Zhou Jun 2202 Interest of your spouse
Perfect Angle Limited 2101 Beneficial owner
Wonderful Advisor Limited

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