Feutune Light Acquisition (Feutune Light Acquisition) Book Value per Share : $3.84 (As of Mar. 2024)

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What is Feutune Light Acquisition Book Value per Share?

Feutune Light Acquisition's book value per share for the quarter that ended in Mar. 2024 was $3.84.

During the past 12 months, Feutune Light Acquisition's average Book Value Per Share Growth Rate was -49.90% 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 book value growth rate using book value per share data.

Feutune Light Acquisition's current price is $10.24. Its book value per share for the quarter that ended in Mar. 2024 was $3.84. Hence, today's PB Ratio of Feutune Light Acquisition is 2.67.

During the past 2 years, the highest P/B Ratio of Feutune Light Acquisition was 4.09. The lowest was 0.00. And the median was 0.00.

Feutune Light Acquisition Book Value per Share Historical Data

The historical data trend for Feutune Light Acquisition's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Feutune Light Acquisition Book Value per Share Chart

Feutune Light Acquisition Annual Data

Trend

Dec22

Dec23

Book Value per Share

7.61

6.00

Feutune Light Acquisition Quarterly Data
	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Book Value per Share	Get a 7-Day Free Trial				7.67	3.78	3.78	6.00	3.84

Competitive Comparison of Feutune Light Acquisition's Book Value per Share

For the Shell Companies subindustry, Feutune Light Acquisition's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Feutune Light Acquisition's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Feutune Light Acquisition's PB Ratio distribution charts can be found below:

* The bar in red indicates where Feutune Light Acquisition's PB Ratio falls into.

Feutune Light Acquisition Book Value per Share Calculation

Feutune Light Acquisition's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(47.88	-	0.00)	/	7.99
	=	6.00

Feutune Light Acquisition's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(21.55	-	0.00)	/	5.61
	=	3.84

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Feutune Light Acquisition (NAS:FLFV) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Feutune Light Acquisition Book Value per Share Related Terms

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Feutune Light Acquisition (Feutune Light Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Feutune Light Acquisition Corp (NAS:FLFV) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Bridge Street, Building A, Metuchen, NJ, USA, 08840

Website

Feutune Light Acquisition Corp is a newly organized blank check company.

Executives

Wenbing Wang	director	21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Michael Davidov	other: Former Director	60 EAST 42 STREET, NEW YORK NY 10165
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Yuanmei Ma	officer: CFO	ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080
Lei Xu	director, other: President and chairwoman	1818 LINDA VISTA CIR., FULLERTON CA 92831
Feutune Light Sponsor Llc	10 percent owner	48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Xuedong Tian	director, officer: CEO and Director	48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Sau Fong Yeung	10 percent owner	48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Kevin Vassily	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Ping Li	director	A1 68 XINXIA STREET, PINGHU, LONGGANG, SHENZHEN, GUANDONG F4 518111