Shanxi Meineng Clean Energy Co (SZSE:001299) 3-Year Book Growth Rate : 19.40% (As of Mar. 2024)

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What is Shanxi Meineng Clean Energy Co 3-Year Book Growth Rate?

Shanxi Meineng Clean Energy Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥7.07.

During the past 12 months, Shanxi Meineng Clean Energy Co's average Book Value per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 19.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 18.60% 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 Shanxi Meineng Clean Energy Co was 24.20% per year. The lowest was 9.70% per year. And the median was 14.30% per year.

Competitive Comparison of Shanxi Meineng Clean Energy Co's 3-Year Book Growth Rate

For the Utilities - Regulated Gas subindustry, Shanxi Meineng Clean Energy 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.

Shanxi Meineng Clean Energy Co's 3-Year Book Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shanxi Meineng Clean Energy Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Shanxi Meineng Clean Energy Co's 3-Year Book Growth Rate falls into.

Shanxi Meineng Clean Energy 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.

Shanxi Meineng Clean Energy Co (SZSE:001299) 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.

Shanxi Meineng Clean Energy Co 3-Year Book Growth Rate Related Terms

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Shanxi Meineng Clean Energy Co (SZSE:001299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shanxi Meineng Clean Energy Co Ltd (SZSE:001299) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

No. 48 Keji Road, Room B1605, Pioneer Plaza, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710016

Website

http://www.meinenggas.com

Shanxi Meineng Clean Energy Co Ltd is an innovative and energetic professional gas operation enterprise. It is mainly engaged in investment in urban gas, compressed natural gas filling stations, LNG production plants and filling stations, coal-to-natural gas production plants, and gas pipelines; consulting in the gas industry, training and management.

Shanxi Meineng Clean Energy Co (SZSE:001299) Headlines

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