Longfor Group Holdings (Longfor Group Holdings) 3-Year Book Growth Rate : 6.00% (As of Dec. 2023)

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What is Longfor Group Holdings 3-Year Book Growth Rate?

Longfor Group Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $32.29.

During the past 12 months, Longfor Group Holdings's average Book Value per Share Growth Rate was -0.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 6.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was 11.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 12.20% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Longfor Group Holdings was 80.70% per year. The lowest was 6.00% per year. And the median was 14.40% per year.

Competitive Comparison of Longfor Group Holdings's 3-Year Book Growth Rate

For the Real Estate - Development subindustry, Longfor Group Holdings'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.

Longfor Group Holdings's 3-Year Book Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Longfor Group Holdings's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Longfor Group Holdings's 3-Year Book Growth Rate falls into.

Longfor Group Holdings 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.

Longfor Group Holdings (OTCPK:LGFRY) 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.

Longfor Group Holdings 3-Year Book Growth Rate Related Terms

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Longfor Group Holdings (Longfor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.