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Shanghai Conant Optical Co (HKSE:02276) Book Value per Share : HK$3.58 (As of Dec. 2023)


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What is Shanghai Conant Optical Co Book Value per Share?

Shanghai Conant Optical Co's book value per share for the quarter that ended in Dec. 2023 was HK$3.58.

During the past 12 months, Shanghai Conant Optical Co's average Book Value Per Share Growth Rate was 19.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 36.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 59.60% 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 book value growth rate using book value per share data.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Conant Optical Co was 107.50% per year. The lowest was 36.60% per year. And the median was 44.90% per year.

Shanghai Conant Optical Co's current price is HK$11.74. Its book value per share for the quarter that ended in Dec. 2023 was HK$3.58. Hence, today's PB Ratio of Shanghai Conant Optical Co is 3.28.

During the past 6 years, the highest P/B Ratio of Shanghai Conant Optical Co was 3.30. The lowest was 1.55. And the median was 1.83.

Warning Sign:

Shanghai Conant Optical Co Ltd stock PB Ratio (=3.1) is close to 3-year high of 3.26


Shanghai Conant Optical Co Book Value per Share Historical Data

The historical data trend for Shanghai Conant Optical 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.

Shanghai Conant Optical Co Book Value per Share Chart

Shanghai Conant Optical Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 0.99 1.40 2.69 3.00 3.58

Shanghai Conant Optical Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only 2.69 2.77 3.00 3.17 3.58

Competitive Comparison of Shanghai Conant Optical Co's Book Value per Share

For the Medical Instruments & Supplies subindustry, Shanghai Conant Optical 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.


Shanghai Conant Optical Co's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Conant Optical Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Conant Optical Co's PB Ratio falls into.



Shanghai Conant Optical Co Book Value per Share Calculation

Shanghai Conant Optical 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)
=(1,526-0)/427
=3.58

Shanghai Conant Optical 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)
=(1,526-0)/427
=3.58

* 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.


Shanghai Conant Optical Co  (HKSE:02276) 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.


Shanghai Conant Optical Co Book Value per Share Related Terms

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Shanghai Conant Optical Co (HKSE:02276) Business Description

Traded in Other Exchanges
N/A
Address
Lane 83, Hongxiang North Road, 1st Floor, Building 36, No. 1-42, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN
Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The products are mainly resin spectacle lenses with the refractive index of 1.499, 1.56, 1.60, 1.67, and 1.74. The spectacle lenses is also be tinted or coated or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection and anti-smudge.
Executives
Fei Zhengxiang 2101 Beneficial owner

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