Hangzhou Meideng Technology Co (BJSE:838227) 3-Year Book Growth Rate : 32.60% (As of Mar. 2024)

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What is Hangzhou Meideng Technology Co 3-Year Book Growth Rate?

Hangzhou Meideng Technology Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥10.76.

During the past 12 months, Hangzhou Meideng Technology Co's average Book Value per Share Growth Rate was 1.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 32.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 28.90% 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 average Book Value per Share growth rate.

During the past 10 years, the highest 3-Year average Book Value per Share Growth Rate of Hangzhou Meideng Technology Co was 39.60% per year. The lowest was -20.20% per year. And the median was 21.05% per year.

Competitive Comparison of Hangzhou Meideng Technology Co's 3-Year Book Growth Rate

For the Information Technology Services subindustry, Hangzhou Meideng Technology Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Hangzhou Meideng Technology Co's 3-Year Book Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Hangzhou Meideng Technology Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Hangzhou Meideng Technology Co's 3-Year Book Growth Rate falls into.

Hangzhou Meideng Technology Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Book Value per Share growth rate.

Hangzhou Meideng Technology Co (BJSE:838227) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Hangzhou Meideng Technology Co 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Hangzhou Meideng Technology Co's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Hangzhou Meideng Technology Co (BJSE:838227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hangzhou Meideng Technology Co Ltd (BJSE:838227) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

No. 188 Zijinghua North Road, 12th Floor, Building 1, Baogang Life Plaza, Xihu District, Zhejiang Province, Hangzhou City,, CHN, 310030

Website

https://www.meideng.net

Hangzhou Meideng Technology Co Ltd is an e-commerce information technology service company in the industry. Its main business is the research and development, sales and operation of e-commerce service software. The company provides marketing services for e-commerce platform merchants such as Taobao Bazaar and Tmall merchants and provides efficient and easy-to-use online marketing service software for merchants.

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