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Shandong Hi Speed New Energy Group (HKSE:01250) Book Value per Share : HK$6.41 (As of Dec. 2023)


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What is Shandong Hi Speed New Energy Group Book Value per Share?

Shandong Hi Speed New Energy Group's book value per share for the quarter that ended in Dec. 2023 was HK$6.41.

During the past 12 months, Shandong Hi Speed New Energy Group's average Book Value Per Share Growth Rate was -1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% 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 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Shandong Hi Speed New Energy Group was 37.10% per year. The lowest was -12.30% per year. And the median was 10.40% per year.

Shandong Hi Speed New Energy Group's current price is HK$1.74. Its book value per share for the quarter that ended in Dec. 2023 was HK$6.41. Hence, today's PB Ratio of Shandong Hi Speed New Energy Group is 0.27.

During the past 12 years, the highest P/B Ratio of Shandong Hi Speed New Energy Group was 22.26. The lowest was 0.18. And the median was 0.82.

Good Sign:

Shandong Hi Speed New Energy Group Ltd stock PB Ratio (=0.28) is close to 3-year low of 0.26


Shandong Hi Speed New Energy Group Book Value per Share Historical Data

The historical data trend for Shandong Hi Speed New Energy Group'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 Hi Speed New Energy Group Book Value per Share Chart

Shandong Hi Speed New Energy Group 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 7.88 9.50 8.86 6.48 6.41

Shandong Hi Speed New Energy Group 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 8.86 6.87 6.48 6.20 6.41

Competitive Comparison of Shandong Hi Speed New Energy Group's Book Value per Share

For the Utilities - Renewable subindustry, Shandong Hi Speed New Energy Group'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 Hi Speed New Energy Group's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shandong Hi Speed New Energy Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Hi Speed New Energy Group's PB Ratio falls into.



Shandong Hi Speed New Energy Group Book Value per Share Calculation

Shandong Hi Speed New Energy Group'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)
=(14,394-0)/2,247
=6.41

Shandong Hi Speed New Energy Group'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)
=(14,394-0)/2,247
=6.41

* 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 Hi Speed New Energy Group  (HKSE:01250) 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 Hi Speed New Energy Group Book Value per Share Related Terms

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Shandong Hi Speed New Energy Group (HKSE:01250) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen's Road, Unit 6707, 67th Floor, The Centre, Central, Hong Kong, HKG
Shandong Hi Speed New Energy Group Ltd is engaged in the investment, development, construction, operation, and management of clean energy businesses which include Photovoltaic Power, Wind Power, and Clean Heat Supply Business.
Executives
Shandong Hi-speed Holdings Group Limited 2101 Beneficial owner
Citigroup Inc. 2305 Beneficiary of a trust
Shan Dong Gao Su Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Profit Plan Global Investment Limited 2101 Beneficial owner
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Water Group Limited 2201 Interest of corporation controlled by you
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Citron Pe Associates Ii, L.p. 2201 Interest of corporation controlled by you
Citron Pe Holdings Limited 2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p. 2201 Interest of corporation controlled by you
Cpechina Fund Iia, L.p. 2201 Interest of corporation controlled by you
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you

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