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Friend Co (SHSE:605050) 3-Year Book Growth Rate : 8.60% (As of Sep. 2024)


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What is Friend Co 3-Year Book Growth Rate?

Friend Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥8.52.

During the past 12 months, Friend Co's average Book Value per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 8.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 16.20% 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 8 years, the highest 3-Year average Book Value per Share Growth Rate of Friend Co was 24.30% per year. The lowest was 8.60% per year. And the median was 20.15% per year.


Competitive Comparison of Friend Co's 3-Year Book Growth Rate

For the Steel subindustry, Friend 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.


Friend Co's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Friend Co's 3-Year Book Growth Rate distribution charts can be found below:

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



Friend 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.


Friend Co  (SHSE:605050) 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.


Friend Co 3-Year Book Growth Rate Related Terms

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Friend Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3759, Panjing Road, Baoshan District, Baoshan Industrial Park, Shanghai, CHN, 201900
Friend Co Ltd is engaged in providing complete steel logistics supply chain services for mid-to-high-end automotive, home appliance and other industries or their supporting manufacturers, including procurement, processing, warehousing, cutting, and packaging , Transportation and distribution services, and corresponding technical support services.

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