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Hengtong Optic-Electric Co (SHSE:600487) 3-Year Book Growth Rate

: 10.30% (As of Sep. 2023)
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Hengtong Optic-Electric Co's Book Value per Share for the quarter that ended in Sep. 2023 was ¥10.08.

During the past 12 months, Hengtong Optic-Electric Co's average Book Value per Share Growth Rate was 9.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 10.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 11.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 20.40% 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 average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Hengtong Optic-Electric Co was 35.30% per year. The lowest was 2.40% per year. And the median was 13.60% per year.


Competitive Comparison

For the Communication Equipment subindustry, Hengtong Optic-Electric Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.


Hengtong Optic-Electric Co 3-Year Book Growth Rate Distribution

For the Hardware industry and Technology sector, Hengtong Optic-Electric Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Hengtong Optic-Electric Co's 3-Year Book Growth Rate falls into.



Hengtong Optic-Electric Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Book Value per Share growth rate.


Hengtong Optic-Electric Co  (SHSE:600487) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Hengtong Optic-Electric Co 3-Year Book Growth Rate Related Terms

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Hengtong Optic-Electric Co (SHSE:600487) Business Description

Traded in Other Exchanges
N/A
Address
100 Hangheng Road, Wujiang Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215200
Hengtong Optic-Electric Co Ltd provides fiber optic communication products in China and internationally. It offers optical rod, optical fiber, optical cable, optical device, an optical network, and ocean optical network products; data communication products; power transmission products; and ocean engineering, quantum security communications, and big data, as well as rail transit and smart city products.

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