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Hebei Yichen Industrial Group (HKSE:01596) Book Value per Share : HK$3.00 (As of Dec. 2023)


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What is Hebei Yichen Industrial Group Book Value per Share?

Hebei Yichen Industrial Group's book value per share for the quarter that ended in Dec. 2023 was HK$3.00.

During the past 12 months, Hebei Yichen Industrial Group's average Book Value Per Share Growth Rate was -1.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.50% 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 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Hebei Yichen Industrial Group was 48.10% per year. The lowest was 2.70% per year. And the median was 10.40% per year.

Hebei Yichen Industrial Group's current price is HK$3.54. Its book value per share for the quarter that ended in Dec. 2023 was HK$3.00. Hence, today's PB Ratio of Hebei Yichen Industrial Group is 1.18.

During the past 11 years, the highest P/B Ratio of Hebei Yichen Industrial Group was 3.36. The lowest was 0.96. And the median was 1.57.

Good Sign:

Hebei Yichen Industrial Group Corp Ltd stock PB Ratio (=1.18) is close to 5-year low of 1.15


Hebei Yichen Industrial Group Book Value per Share Historical Data

The historical data trend for Hebei Yichen Industrial 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.

Hebei Yichen Industrial Group Book Value per Share Chart

Hebei Yichen Industrial 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 2.38 2.78 3.21 3.06 3.00

Hebei Yichen Industrial Group Semi-Annual Data
Dec13 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 3.21 3.10 3.06 2.90 3.00

Competitive Comparison of Hebei Yichen Industrial Group's Book Value per Share

For the Railroads subindustry, Hebei Yichen Industrial 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.


Hebei Yichen Industrial Group's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hebei Yichen Industrial Group's PB Ratio falls into.



Hebei Yichen Industrial Group Book Value per Share Calculation

Hebei Yichen Industrial 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)
=(2,697-0)/898
=3.00

Hebei Yichen Industrial 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)
=(2,697-0)/898
=3.00

* 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.


Hebei Yichen Industrial Group  (HKSE:01596) 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.


Hebei Yichen Industrial Group Book Value per Share Related Terms

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Hebei Yichen Industrial Group (HKSE:01596) Business Description

Traded in Other Exchanges
Address
No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN
Hebei Yichen Industrial Group Corp Ltd is one of the leading rail fastening system providers in the PRC, with the business focusing on three business segments namely Rail Fastening System Products; Welding Wire Products; and Railway Sleeper Products. Its maximum revenue is generated by the Rail fastening system segment. Some of its product includes the Spring bar type IV fastener system; the WJ-7 type fastener system; the DT-VI2 fastener system; Double-layer nonlinear shock-absorbing fastener system; the Spring bar II type fastener system and others.

Hebei Yichen Industrial Group (HKSE:01596) Headlines

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