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China East Education Holdings (HKSE:00667) Book Value per Share : HK$2.82 (As of Dec. 2023)


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What is China East Education Holdings Book Value per Share?

China East Education Holdings's book value per share for the quarter that ended in Dec. 2023 was HK$2.82.

During the past 12 months, China East Education Holdings's average Book Value Per Share Growth Rate was -3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of China East Education Holdings was 92.10% per year. The lowest was -4.80% per year. And the median was 55.10% per year.

China East Education Holdings's current price is HK$2.33. Its book value per share for the quarter that ended in Dec. 2023 was HK$2.82. Hence, today's PB Ratio of China East Education Holdings is 0.83.

During the past 8 years, the highest P/B Ratio of China East Education Holdings was 36.84. The lowest was 0.78. And the median was 2.23.

Good Sign:

China East Education Holdings Ltd stock PB Ratio (=0.83) is close to 5-year low of 0.78


China East Education Holdings Book Value per Share Historical Data

The historical data trend for China East Education Holdings's Book Value 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.

China East Education Holdings Book Value per Share Chart

China East Education Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 3.11 3.26 3.23 2.92 2.82

China East Education Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Book Value 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 3.23 2.99 2.92 2.77 2.82

Competitive Comparison of China East Education Holdings's Book Value per Share

For the Education & Training Services subindustry, China East Education Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


China East Education Holdings's PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China East Education Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where China East Education Holdings's PB Ratio falls into.



China East Education Holdings Book Value per Share Calculation

China East Education Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(6,133-0)/2,179
=2.81

China East Education Holdings's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(6,133-0)/2,179
=2.81

* 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 Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


China East Education Holdings  (HKSE:00667) Book Value 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.


China East Education Holdings Book Value per Share Related Terms

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China East Education Holdings (HKSE:00667) Business Description

Traded in Other Exchanges
Address
No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN
China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 142,765 as of Dec. 31, 2022. In 2022, China East Education's revenue breakdown by major businesses was 59% in culinary arts, 20% in information & internet technology, 19% in auto services.

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