Wetown Electric Group Co (SHSE:688226) 3-Year Book Growth Rate : 8.40% (As of Mar. 2024)

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What is Wetown Electric Group Co 3-Year Book Growth Rate?

Wetown Electric Group Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥6.86.

During the past 12 months, Wetown Electric Group Co's average Book Value per Share Growth Rate was 14.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 8.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.30% 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 7 years, the highest 3-Year average Book Value per Share Growth Rate of Wetown Electric Group Co was 9.20% per year. The lowest was 6.90% per year. And the median was 8.50% per year.

Competitive Comparison of Wetown Electric Group Co's 3-Year Book Growth Rate

For the Electrical Equipment & Parts subindustry, Wetown Electric Group 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.

Wetown Electric Group Co's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wetown Electric Group Co's 3-Year Book Growth Rate distribution charts can be found below:

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

Wetown Electric Group 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.

Wetown Electric Group Co (SHSE:688226) 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.

Wetown Electric Group Co 3-Year Book Growth Rate Related Terms

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

Wetown Electric Group Co (SHSE:688226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wetown Electric Group Co Ltd (SHSE:688226) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

No. 1, Nanzi Road, Xinba Science and Technology Park, Jiangsu Province, Yangzhong, CHN, 212200

Website

https://www.wetown.com.cn

Wetown Electric Group Co Ltd is engaged in the development and manufacturing of electrical products. it offers product such as high and low voltage busbars; complete sets of electrical and intelligent components; copper and aluminum materials and tinned copper tape; bridges and hangers and others.

Wetown Electric Group Co (SHSE:688226) Headlines

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