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Offshore Oil Engineering Co (SHSE:600583) 3-Year Book Growth Rate

: 3.10% (As of Dec. 2023)
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Offshore Oil Engineering Co's Book Value per Share for the quarter that ended in Dec. 2023 was ¥5.61.

During the past 12 months, Offshore Oil Engineering Co's average Book Value per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was 2.30% 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 Offshore Oil Engineering Co was 45.30% per year. The lowest was -0.70% per year. And the median was 17.40% per year.


Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Offshore Oil Engineering 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.


Offshore Oil Engineering Co 3-Year Book Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Offshore Oil Engineering Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Offshore Oil Engineering Co's 3-Year Book Growth Rate falls into.



Offshore Oil Engineering 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.


Offshore Oil Engineering Co  (SHSE:600583) 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.


Offshore Oil Engineering Co 3-Year Book Growth Rate Related Terms

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Offshore Oil Engineering Co (SHSE:600583) Business Description

Traded in Other Exchanges
N/A
Address
No. 199, Haibin 15 Road, TianjinPort Free Trade Zone, Tianjin, CHN, 300461
Offshore Oil Engineering Co Ltd operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides technical services, subsea pipe maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering.

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