Tieling Newcity Investment Holding (Group) (SZSE:000809) 3-Year Book Growth Rate : -2.70% (As of Mar. 2024)

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What is Tieling Newcity Investment Holding (Group) 3-Year Book Growth Rate?

Tieling Newcity Investment Holding (Group)'s Book Value per Share for the quarter that ended in Mar. 2024 was ¥3.39.

During the past 12 months, Tieling Newcity Investment Holding (Group)'s average Book Value per Share Growth Rate was -2.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was -2.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was -2.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was -1.90% 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 Tieling Newcity Investment Holding (Group) was 117.70% per year. The lowest was -23.40% per year. And the median was 0.35% per year.

Competitive Comparison of Tieling Newcity Investment Holding (Group)'s 3-Year Book Growth Rate

For the Real Estate - Development subindustry, Tieling Newcity Investment Holding (Group)'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.

Tieling Newcity Investment Holding (Group)'s 3-Year Book Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tieling Newcity Investment Holding (Group)'s 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tieling Newcity Investment Holding (Group)'s 3-Year Book Growth Rate falls into.

Tieling Newcity Investment Holding (Group) 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.

Tieling Newcity Investment Holding (Group) (SZSE:000809) 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.

Tieling Newcity Investment Holding (Group) 3-Year Book Growth Rate Related Terms

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Tieling Newcity Investment Holding (Group) (SZSE:000809) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tieling Newcity Investment Holding (Group) Ltd (SZSE:000809) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

No. 12, Jinshajiang Road, Fanhe New District, Liaoning Province, Tieling, CHN, 112000

Website

http://www.tielingnewcity.com.cn

Tieling Newcity Investment Holding Ltd is a China-based company engaged in the land development projects. Its business activities include first-level development business and urban operations. The first-level development business division includes municipal infrastructure construction and land project development. And the urban operations division includes water supply, sewage treatment, taxi operations, and advertising media.

Tieling Newcity Investment Holding (Group) (SZSE:000809) Headlines

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