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China Marine Food Group (China Marine Food Group) Tangible Book per Share : $3.64 (As of Sep. 2013)


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What is China Marine Food Group 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. China Marine Food Group's tangible book value per share for the quarter that ended in Sep. 2013 was $3.64.

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.


China Marine Food Group Tangible Book per Share Historical Data

The historical data trend for China Marine Food Group'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.

China Marine Food Group Tangible Book per Share Chart

China Marine Food Group Annual Data
Trend Dec00 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.53 2.99 3.50 3.63

China Marine Food Group Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 3.46 3.63 3.69 3.69 3.64

Competitive Comparison of China Marine Food Group's Tangible Book per Share

For the Packaged Foods subindustry, China Marine Food Group'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.


China Marine Food Group's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Marine Food Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Marine Food Group's Price-to-Tangible-Book falls into.



China Marine Food Group Tangible Book per Share Calculation

China Marine Food Group's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2012 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(126.338-0-18.583)/29.723
=3.63

China Marine Food Group's Tangible Book Value Per Share for the quarter that ended in Sep. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(122.892-0-14.75)/29.723
=3.64

* 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.


China Marine Food Group  (OTCPK:CMFO) 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.


China Marine Food Group Tangible Book per Share Related Terms

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China Marine Food Group (China Marine Food Group) Business Description

Traded in Other Exchanges
N/A
Address
Da Bao Industrial Zone, Shishi, Fujian, CHN, 362700
China Marine Food Group Ltd is engaged in in the business of processing, distribution & sale of processed seafood-based snack foods, as well as the sale of fresh & frozen marine catch & ices. It also offers algae-based soft drinks.
Executives
Phil Frohlich 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Jayhawk Capital Management Llc 10 percent owner, other: 13(d) group owning >10% 13021 W 74TH ST, SHAWNEE KS 66216
Kent C Mccarthy 10 percent owner, other: Member 13(d) group owning >10% 930 TAHOE BLVD., 802-281, INCLINE VILLAGE NV 89451
Jayhawk Private Equity Fund L P 10 percent owner, other: 13(d) group owning >10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Co Invest Fund Lp other: Member of the group 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Gp, L.p. 10 percent owner, other: 13(d) group owning >10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Hon Wai Ku officer: Chief Financial Officer SUITE 815, 8TH FLOOR, OCEAN CENTRE, HARBOUR CITY, 5 CANTON ROAD, KOWLOON,, HONG KONG F4 0000

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