Shanghai Morn Electric Equipment Co (SZSE:002451) 3-Year Book Growth Rate : 2.30% (As of Mar. 2024)

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What is Shanghai Morn Electric Equipment Co 3-Year Book Growth Rate?

Shanghai Morn Electric Equipment Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥1.72.

During the past 12 months, Shanghai Morn Electric Equipment Co's average Book Value per Share Growth Rate was -0.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 1.60% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Shanghai Morn Electric Equipment Co was 33.90% per year. The lowest was -0.90% per year. And the median was 2.30% per year.

Competitive Comparison of Shanghai Morn Electric Equipment Co's 3-Year Book Growth Rate

For the Electrical Equipment & Parts subindustry, Shanghai Morn Electric Equipment 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.

Shanghai Morn Electric Equipment Co's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

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

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

Shanghai Morn Electric Equipment 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.

Shanghai Morn Electric Equipment Co (SZSE:002451) 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.

Shanghai Morn Electric Equipment Co 3-Year Book Growth Rate Related Terms

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Shanghai Morn Electric Equipment Co (SZSE:002451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Morn Electric Equipment Co Ltd (SZSE:002451) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

No.2829 Jiangshan Road, Pudong New Area, Shanghai, CHN, 201306

Website

http://www.mornelectric.com

Shanghai Morn Electric Equipment Co Ltd is engaged in the manufacture, development and sale of wire, cable and related accessories in China. The company also offers technical consulting and services for its products. Its products include Multi URD cable, Single URD cable, DLO cable, SOOW flexible cable, SJOOW flexible cable, SO flexible cable, SJ flexible cable, among others.

Executives

Zhu Jie	Supervisors
Wen Ze Xin	Directors, executives
Ye Zhen	Executives
Zhu Zhi Ying	Director
Dai Ren Min	Supervisors
Chen Yin	Executives
Wang Yong Wei	Directors, executives
Wang Qing	Director
Wen Ze Hong	Directors, executives
Chen De Bin	Executives

Shanghai Morn Electric Equipment Co (SZSE:002451) Headlines

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