WiMi Hologram Cloud (WiMi Hologram Cloud) Tangible Book per Share : $1.33 (As of Jun. 2023)

WiMi Hologram Cloud Tangible Book per Share Chart

WiMi Hologram Cloud Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tangible Book per Share	Get a 7-Day Free Trial							2.70	1.74	1.66	1.33	1.33

Competitive Comparison of WiMi Hologram Cloud's Tangible Book per Share

For the Advertising Agencies subindustry, WiMi Hologram Cloud'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.

WiMi Hologram Cloud's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WiMi Hologram Cloud's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where WiMi Hologram Cloud's Price-to-Tangible-Book falls into.

WiMi Hologram Cloud Tangible Book per Share Calculation

WiMi Hologram Cloud's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as

WiMi Hologram Cloud's Tangible Book Value Per Share for the quarter that ended in Jun. 2023 is calculated as

* 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.

WiMi Hologram Cloud  (NAS:WIMI) 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.

WiMi Hologram Cloud Tangible Book per Share Related Terms

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WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description