GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Concord New Energy Group Ltd (STU:HK51) » Definitions » Book Value per Share

Concord New Energy Group (STU:HK51) Book Value per Share : €0.13 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Concord New Energy Group Book Value per Share?

Concord New Energy Group's book value per share for the quarter that ended in Dec. 2023 was €0.13.

During the past 12 months, Concord New Energy Group's average Book Value Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% 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 Concord New Energy Group was 208.20% per year. The lowest was 1.70% per year. And the median was 5.80% per year.

Concord New Energy Group's current price is €0.0735. Its book value per share for the quarter that ended in Dec. 2023 was €0.13. Hence, today's PB Ratio of Concord New Energy Group is 0.58.

During the past 13 years, the highest P/B Ratio of Concord New Energy Group was 1.29. The lowest was 0.35. And the median was 0.63.

Good Sign:

Concord New Energy Group Ltd stock PB Ratio (=0.6) is close to 3-year low of 0.56


Concord New Energy Group Book Value per Share Historical Data

The historical data trend for Concord 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.

Concord New Energy Group Book Value per Share Chart

Concord 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 0.09 0.10 0.12 0.12 0.13

Concord 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 0.12 0.12 0.12 0.12 0.13

Competitive Comparison of Concord New Energy Group's Book Value per Share

For the Utilities - Renewable subindustry, Concord 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.


Concord New Energy Group's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Concord New Energy Group Book Value per Share Calculation

Concord 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)
=(1,063.8-0.0)/8,444.7
=0.13

Concord 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)
=(1,063.8-0.0)/8,444.7
=0.13

* 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.


Concord New Energy Group  (STU:HK51) 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.


Concord New Energy Group Book Value per Share Related Terms

Thank you for viewing the detailed overview of Concord New Energy Group's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Concord New Energy Group (STU:HK51) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Suite 3901, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Concord New Energy Group Ltd is an investment holding company. The principal activities of the company are investment in power plants, provision of design, technical and consultation services, and provision of power plant operation and maintenance services. The operating segments of the company are power generation which includes the operation of wind and solar power plants, Intelligent operation and maintenance segment which includes provision operation and maintenance, asset management, overhaul & commissioning service for wind and solar power plants; and others segment which includes the provision of design, technical and consultancy services, undertaking electrical engineering and construction of power plant projects. The company generates its revenue from the power generation segment.

Concord New Energy Group (STU:HK51) Headlines

No Headlines