Well Lead Medical Co (SHSE:603309) 3-Year Book Growth Rate : 12.40% (As of Mar. 2024)

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What is Well Lead Medical Co 3-Year Book Growth Rate?

Well Lead Medical Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥6.37.

During the past 12 months, Well Lead Medical Co's average Book Value per Share Growth Rate was 5.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 12.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 13.00% per year. During the past 10 years, the average Book Value per Share Growth Rate was 15.00% 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 Well Lead Medical Co was 34.10% per year. The lowest was 6.00% per year. And the median was 13.45% per year.

Competitive Comparison of Well Lead Medical Co's 3-Year Book Growth Rate

For the Medical Instruments & Supplies subindustry, Well Lead Medical 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.

Well Lead Medical Co's 3-Year Book Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Well Lead Medical Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Well Lead Medical Co's 3-Year Book Growth Rate falls into.

Well Lead Medical 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.

Well Lead Medical Co (SHSE:603309) 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.

Well Lead Medical Co 3-Year Book Growth Rate Related Terms

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Well Lead Medical Co (SHSE:603309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Well Lead Medical Co Ltd (SHSE:603309) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

No. 45-47, South of Guomao Avenue, No. 4, Area C, Jinhu Industrial City, Hualong Town, Panyu District, Guangdong Province, Guangzhou City, CHN, 511434

Website

http://www.welllead.com.cn

Well Lead Medical Co Ltd is engaged in research, production, and sales of medical catheters in anaesthesia, urology, respiratory and hemodialysis region. Its products include Endotracheal Tube, Standar Endotracheal Tube, and Suction Endotracheal Tube. The company products are used in surgery, treatment, first aid, and nursing. The company exports its products to North America, Europe, and Japan.

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