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Shandong Weigao Group Medical Polymer Co (HKSE:01066) Book Value per Share : HK$5.43 (As of Dec. 2023)


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What is Shandong Weigao Group Medical Polymer Co Book Value per Share?

Shandong Weigao Group Medical Polymer Co's book value per share for the quarter that ended in Dec. 2023 was HK$5.43.

During the past 12 months, Shandong Weigao Group Medical Polymer Co's average Book Value Per Share Growth Rate was 0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.70% 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.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shandong Weigao Group Medical Polymer Co was 66.50% per year. The lowest was 4.50% per year. And the median was 25.40% per year.

Shandong Weigao Group Medical Polymer Co's current price is HK$5.34. Its book value per share for the quarter that ended in Dec. 2023 was HK$5.43. Hence, today's PB Ratio of Shandong Weigao Group Medical Polymer Co is 0.98.

During the past 13 years, the highest P/B Ratio of Shandong Weigao Group Medical Polymer Co was 5.29. The lowest was 0.85. And the median was 2.09.

Good Sign:

Shandong Weigao Group Medical Polymer Co Ltd stock PB Ratio (=0.94) is close to 10-year low of 0.85


Shandong Weigao Group Medical Polymer Co Book Value per Share Historical Data

The historical data trend for Shandong Weigao Group Medical Polymer Co'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.

* Premium members only.

Shandong Weigao Group Medical Polymer Co Book Value per Share Chart

Shandong Weigao Group Medical Polymer Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 4.73 5.26 5.32 5.43

Shandong Weigao Group Medical Polymer Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.26 5.29 5.32 5.33 5.43

Competitive Comparison of Shandong Weigao Group Medical Polymer Co's Book Value per Share

For the Medical Instruments & Supplies subindustry, Shandong Weigao Group Medical Polymer Co'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.


Shandong Weigao Group Medical Polymer Co's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shandong Weigao Group Medical Polymer Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Weigao Group Medical Polymer Co's PB Ratio falls into.



Shandong Weigao Group Medical Polymer Co Book Value per Share Calculation

Shandong Weigao Group Medical Polymer Co'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)
=(24,554-0)/4,519
=5.43

Shandong Weigao Group Medical Polymer Co's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(24,554-0)/4,519
=5.43

* 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.

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.


Shandong Weigao Group Medical Polymer Co  (HKSE:01066) 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.


Shandong Weigao Group Medical Polymer Co Book Value per Share Related Terms

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Shandong Weigao Group Medical Polymer Co (HKSE:01066) Business Description

Traded in Other Exchanges
Address
No.1, Weigao Road, Torch Hi-tech Science Park, Shandong Province, Weihai, CHN
Shandong Weigao Group Medical Polymer Co Ltd functions in the healthcare sector in China. Its business mainly involves the research and development, production, and sale of single-use medical device products. The company's segments include Medical device products, Orthopaedic products, Interventional products, Pharma packaging products, Blood management products, and others. The company's products comprise consumables including infusion sets, syringes, medical needles, blood bags, prefilled syringes, wound management, blood sampling products; orthopedic materials, and blood purification consumables and equipment. The company operates in the People's Republic of China, the United States, Europe, the Middle East, and Africa, Asia, and others.

Shandong Weigao Group Medical Polymer Co (HKSE:01066) Headlines

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