Huaming Power Equipment Co (SZSE:002270) 3-Year Book Growth Rate

: 2.90% (As of Mar. 2024)

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Huaming Power Equipment Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥3.88.

During the past 12 months, Huaming Power Equipment Co's average Book Value per Share Growth Rate was 0.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.60% 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 Huaming Power Equipment Co was 39.70% per year. The lowest was -59.10% per year. And the median was 5.55% per year.

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Huaming Power Equipment 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.

Huaming Power Equipment Co 3-Year Book Growth Rate Distribution

For the Industrial Products industry and Industrials sector, Huaming Power Equipment Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Huaming Power Equipment Co's 3-Year Book Growth Rate falls into.

Huaming Power Equipment 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.

Huaming Power Equipment Co (SZSE:002270) 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.

Huaming Power Equipment Co 3-Year Book Growth Rate Related Terms

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Huaming Power Equipment Co (SZSE:002270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huaming Power Equipment Co Ltd (SZSE:002270) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 977, Tongpu Road, Putuo District, Shanghai, CHN, 200333

Website

http://www.hmoltc.com

Huaming Power Equipment Co Ltd is a Chinese company operating in the tap changer industry. Its products are on-load and off-circuit tap changers for transformeThat motor drive unit, online oil filter and other accessories. The products offered by the company is used in power grids and energy sector, chemical, metallurgical and railway projects, among others. The company offers products in the categories of OLTC and DETC. OLTC includes products of conventional type, vacuum type, dry type and gas insulated type, whereas DETC covers products of cage type and drum type.

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