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Tangshannyou Chemical Industries Co (SHSE:600409) Book Value per Share : ¥6.64 (As of Jun. 2024)


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What is Tangshannyou Chemical Industries Co Book Value per Share?

Tangshannyou Chemical Industries Co's book value per share for the quarter that ended in Jun. 2024 was ¥6.64.

During the past 12 months, Tangshannyou Chemical Industries Co's average Book Value Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.70% 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 Tangshannyou Chemical Industries Co was 35.40% per year. The lowest was 5.00% per year. And the median was 13.80% per year.

Tangshannyou Chemical Industries Co's current price is ¥4.66. Its book value per share for the quarter that ended in Jun. 2024 was ¥6.64. Hence, today's PB Ratio of Tangshannyou Chemical Industries Co is 0.70.

During the past 13 years, the highest P/B Ratio of Tangshannyou Chemical Industries Co was 3.68. The lowest was 0.68. And the median was 1.56.

Good Sign:

Tangshan Sanyou Chemical Industries Co Ltd stock PB Ratio (=0.7) is close to 10-year low of 0.68


Tangshannyou Chemical Industries Co Book Value per Share Historical Data

The historical data trend for Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co Book Value per Share Chart

Tangshannyou Chemical Industries 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 5.46 5.64 6.20 6.43 6.57

Tangshannyou Chemical Industries Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6.37 6.46 6.57 6.61 6.64

Competitive Comparison of Tangshannyou Chemical Industries Co's Book Value per Share

For the Specialty Chemicals subindustry, Tangshannyou Chemical Industries 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.


Tangshannyou Chemical Industries Co's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tangshannyou Chemical Industries Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tangshannyou Chemical Industries Co's PB Ratio falls into.



Tangshannyou Chemical Industries Co Book Value per Share Calculation

Tangshannyou Chemical Industries 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)
=(13,553-0)/2,064
=6.57

Tangshannyou Chemical Industries Co's Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(13,711-0)/2,064
=6.64

* 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.


Tangshannyou Chemical Industries Co  (SHSE:600409) 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.


Tangshannyou Chemical Industries Co Book Value per Share Related Terms

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Tangshannyou Chemical Industries Co Business Description

Traded in Other Exchanges
N/A
Address
Nanbao Development Zone, Tangshan, Hebei, CHN, 063305
Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.

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