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Financial Street Holding Co (SZSE:000402) Tangible Book per Share : ¥11.82 (As of Mar. 2024)


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What is Financial Street Holding 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. Financial Street Holding Co's tangible book value per share for the quarter that ended in Mar. 2024 was ¥11.82.

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.


Financial Street Holding Co Tangible Book per Share Historical Data

The historical data trend for Financial Street Holding 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.

Financial Street Holding Co Tangible Book per Share Chart

Financial Street Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.44 12.00 12.23 12.56 11.90

Financial Street Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.49 12.31 12.10 11.90 11.82

Competitive Comparison of Financial Street Holding Co's Tangible Book per Share

For the Real Estate - Development subindustry, Financial Street Holding 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.


Financial Street Holding Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where Financial Street Holding Co's Price-to-Tangible-Book falls into.



Financial Street Holding Co Tangible Book per Share Calculation

Financial Street Holding 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)
=(35938.182-0-370.078)/2988.93
=11.90

Financial Street Holding Co's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(35686.229-0-365.25)/2988.93
=11.82

* 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.


Financial Street Holding Co  (SZSE:000402) 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.


Financial Street Holding Co Tangible Book per Share Related Terms

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Financial Street Holding Co (SZSE:000402) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jinchengfang Street, Block D, Financial Street Apartment, Xicheng District, Beijing, Beijing, CHN, 100033
Financial Street Holding Co Ltd is a China-based company, engages in the development, operation, and distribution of real estate. It focuses on commercial and residential real estate. It provides equity investment and asset management services such as tourism, vacation, retirement, technology, finance, and innovation.
Executives
Zhao Peng Director
Gao Jing Director
Lu Dong Liang Supervisors
Fu Ying Jie Executives
Sheng Hua Ping Executives
Bai Li Director
Li Liang Executives
Li Qian Supervisors
Zhang Xiao Peng Directors, executives
Wang Zhi Gang Executives
Lv Hong Bin Directors, executives
Zhang Mei Hua Executives
Yang Xuan Executives
Zhao Ze Hui Director
Shang Guan Qing Director

Financial Street Holding Co (SZSE:000402) Headlines

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