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Chongqing Hong Xi Technology Co (BJSE:871857) Price-to-Tangible-Book : 2.25 (As of Jun. 16, 2024)


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What is Chongqing Hong Xi Technology Co Price-to-Tangible-Book?

As of today (2024-06-16), Chongqing Hong Xi Technology Co's share price is ¥11.64. Chongqing Hong Xi Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.18. Hence, Chongqing Hong Xi Technology Co's Price to Tangible Book Ratio of today is 2.25.

The historical rank and industry rank for Chongqing Hong Xi Technology Co's Price-to-Tangible-Book or its related term are showing as below:

BJSE:871857' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61   Med: 2.5   Max: 5.17
Current: 2.25

During the past 9 years, Chongqing Hong Xi Technology Co's highest Price to Tangible Book Ratio was 5.17. The lowest was 1.61. And the median was 2.50.

BJSE:871857's Price-to-Tangible-Book is ranked worse than
54.46% of 2299 companies
in the Hardware industry
Industry Median: 2.08 vs BJSE:871857: 2.25

A closely related ratio is called PB Ratio. As of today, Chongqing Hong Xi Technology Co's share price is ¥11.64. Chongqing Hong Xi Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.41. Hence, Chongqing Hong Xi Technology Co's P/B Ratio of today is 2.15.


Chongqing Hong Xi Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Chongqing Hong Xi Technology 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.

Chongqing Hong Xi Technology Co Price-to-Tangible-Book Chart

Chongqing Hong Xi Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 3.85 4.85 1.79 3.82

Chongqing Hong Xi Technology Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.71 1.62 1.61 3.82 2.80

Competitive Comparison of Chongqing Hong Xi Technology Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Chongqing Hong Xi Technology 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.


Chongqing Hong Xi Technology Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chongqing Hong Xi Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Chongqing Hong Xi Technology Co's Price-to-Tangible-Book falls into.



Chongqing Hong Xi Technology Co Price-to-Tangible-Book Calculation

Chongqing Hong Xi Technology Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=11.64/5.184
=2.25

* 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.


Chongqing Hong Xi Technology Co Price-to-Tangible-Book Related Terms

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Chongqing Hong Xi Technology Co (BJSE:871857) Business Description

Traded in Other Exchanges
N/A
Address
No. 2868 Puti East Road, Changshou District, Chongqing, CHN, 401220
Chongqing Hong Xi Technology Co Ltd engages in the design, research and development, production, and sales of high-precision electronic wire components and miniature electroacoustic devices. The company's products mainly include extremely fine coaxial lines, very fine Teflon lines, and electronic wire, the company's products are mainly used in notebook computers, communications, digital and other products.

Chongqing Hong Xi Technology Co (BJSE:871857) Headlines

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