Henan Tianma New Material Co (BJSE:838971) 3-Year Book Growth Rate : 43.20% (As of Mar. 2024)

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What is Henan Tianma New Material Co 3-Year Book Growth Rate?

Henan Tianma New Material Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥4.19.

During the past 12 months, Henan Tianma New Material Co's average Book Value per Share Growth Rate was -1.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 43.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was 30.30% 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 Henan Tianma New Material Co was 43.20% per year. The lowest was 7.90% per year. And the median was 19.75% per year.

Competitive Comparison of Henan Tianma New Material Co's 3-Year Book Growth Rate

For the Specialty Chemicals subindustry, Henan Tianma New Material 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.

Henan Tianma New Material Co's 3-Year Book Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Henan Tianma New Material Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Henan Tianma New Material Co's 3-Year Book Growth Rate falls into.

Henan Tianma New Material 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.

Henan Tianma New Material Co (BJSE:838971) 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.

Henan Tianma New Material Co 3-Year Book Growth Rate Related Terms

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Henan Tianma New Material Co (BJSE:838971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Henan Tianma New Material Co Ltd (BJSE:838971) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

No. 1109 Science Avenue, Industrial Road Street, Shangjie District, Henan Province, Zhengzhou, CHN, 450041

Website

http://www.tianmaweifen.cn

Henan Tianma New Material Co Ltd is engaged in the production and sales of high-performance fine alumina powder.

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