Tianjin Hi-Tech Development Co (SHSE:600082) 3-Year Book Growth Rate : 0.90% (As of Sep. 2023)

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What is Tianjin Hi-Tech Development Co 3-Year Book Growth Rate?

Tianjin Hi-Tech Development Co's Book Value per Share for the quarter that ended in Sep. 2023 was ¥2.67.

During the past 12 months, Tianjin Hi-Tech Development Co's average Book Value per Share Growth Rate was 0.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 0.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 0.30% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Tianjin Hi-Tech Development Co was 41.10% per year. The lowest was -13.00% per year. And the median was 1.05% per year.

Competitive Comparison of Tianjin Hi-Tech Development Co's 3-Year Book Growth Rate

For the Conglomerates subindustry, Tianjin Hi-Tech Development 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.

Tianjin Hi-Tech Development Co's 3-Year Book Growth Rate Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tianjin Hi-Tech Development Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tianjin Hi-Tech Development Co's 3-Year Book Growth Rate falls into.

Tianjin Hi-Tech Development 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.

Tianjin Hi-Tech Development Co (SHSE:600082) 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.

Tianjin Hi-Tech Development Co 3-Year Book Growth Rate Related Terms

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Tianjin Hi-Tech Development Co (SHSE:600082) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tianjin Hi-Tech Development Co Ltd (SHSE:600082) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

No. 6 Haitai Development 6th Road, High-Tech Development Building, Block G, 11F, Huayuan Technology Park, Binhai Hi-Tech Industrial, Tianjin, Tianjin, CHN, 300384

Website

http://www.hitech-develop.com

Tianjin Hi-Tech Development Co Ltd is engaged in investing in high-tech companies, as well as provides business incubation, rental and leasing, and technical services. Through its subsidiaries, the company sells computer network products, develops computer software, and builds a telecommunication broadband network.

Tianjin Hi-Tech Development Co (SHSE:600082) Headlines

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