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Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Price-to-Tangible-Book : 1.57 (As of Apr. 25, 2024)


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What is Shan Xi Hua Yang Group New Energy Co Price-to-Tangible-Book?

As of today (2024-04-25), Shan Xi Hua Yang Group New Energy Co's share price is ¥9.36. Shan Xi Hua Yang Group New Energy Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥5.97. Hence, Shan Xi Hua Yang Group New Energy Co's Price to Tangible Book Ratio of today is 1.57.

The historical rank and industry rank for Shan Xi Hua Yang Group New Energy Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600348' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75   Med: 1.81   Max: 2.54
Current: 1.57

During the past 13 years, Shan Xi Hua Yang Group New Energy Co's highest Price to Tangible Book Ratio was 2.54. The lowest was 0.75. And the median was 1.81.

SHSE:600348's Price-to-Tangible-Book is ranked better than
54.37% of 160 companies
in the Other Energy Sources industry
Industry Median: 1.65 vs SHSE:600348: 1.57

A closely related ratio is called PB Ratio. As of today, Shan Xi Hua Yang Group New Energy Co's share price is ¥9.36. Shan Xi Hua Yang Group New Energy Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥7.72. Hence, Shan Xi Hua Yang Group New Energy Co's P/B Ratio of today is 1.21.


Shan Xi Hua Yang Group New Energy Co Price-to-Tangible-Book Historical Data

The historical data trend for Shan Xi Hua Yang Group New Energy Co's Price-to-Tangible-Book 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.

Shan Xi Hua Yang Group New Energy Co Price-to-Tangible-Book Chart

Shan Xi Hua Yang Group New Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.78 1.83 1.80 1.64

Shan Xi Hua Yang Group New Energy Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 1.80 1.57 1.39 1.39 1.64

Competitive Comparison of Shan Xi Hua Yang Group New Energy Co's Price-to-Tangible-Book

For the Thermal Coal subindustry, Shan Xi Hua Yang Group New Energy Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Shan Xi Hua Yang Group New Energy Co's Price-to-Tangible-Book Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's Price-to-Tangible-Book falls into.



Shan Xi Hua Yang Group New Energy Co Price-to-Tangible-Book Calculation

Shan Xi Hua Yang Group New Energy Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=9.36/5.968
=1.57

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Shan Xi Hua Yang Group New Energy Co Price-to-Tangible-Book Related Terms

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Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Taobei West Street, Mining District, Shanxi Province, Yangquan, CHN, 045000
Shan Xi Hua Yang Group New Energy Co Ltd, formerly Yang Quan Coal Industry (Group) Co Ltd is mainly engaged in coal mining, processing, and distribution as well as power generation and heat supply. The company has about 1.8 billion tons of recoverable coal reserves. In 2010, Yangquan produced 26.21 million tons of coal and distributed 45.38 million tons of coal.

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