Tianneng Power International (HKSE:00819) Price-to-Tangible-Book : 0.39 (As of May. 26, 2024)

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What is Tianneng Power International Price-to-Tangible-Book?

As of today (2024-05-26), Tianneng Power International's share price is HK$6.02. Tianneng Power International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$15.40. Hence, Tianneng Power International's Price to Tangible Book Ratio of today is 0.39.

The historical rank and industry rank for Tianneng Power International's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00819' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.39 Med: 1.13 Max: 2.21
Current: 0.39

During the past 13 years, Tianneng Power International's highest Price to Tangible Book Ratio was 2.21. The lowest was 0.39. And the median was 1.13.

HKSE:00819's Price-to-Tangible-Book is ranked better than
92.64% of 1196 companies
in the Vehicles & Parts industry
Industry Median: 1.65 vs HKSE:00819: 0.39

A closely related ratio is called PB Ratio. As of today, Tianneng Power International's share price is HK$6.02. Tianneng Power International's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$15.40. Hence, Tianneng Power International's P/B Ratio of today is 0.39.

Tianneng Power International Price-to-Tangible-Book Historical Data

The historical data trend for Tianneng Power International'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.

Tianneng Power International Price-to-Tangible-Book Chart

Tianneng Power International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.99

2.21

0.64

0.58

0.43

Tianneng Power International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.64	0.61	0.58	0.56	0.43

Competitive Comparison of Tianneng Power International's Price-to-Tangible-Book

For the Auto Parts subindustry, Tianneng Power International'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.

Tianneng Power International's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tianneng Power International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tianneng Power International's Price-to-Tangible-Book falls into.

Tianneng Power International Price-to-Tangible-Book Calculation

Tianneng Power International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	6.02	/	15.404
	=	0.39

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Tianneng Power International Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Tianneng Power International's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Tianneng Power International (HKSE:00819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tianneng Power International Ltd (HKSE:00819) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TIANF:USA

Address

18 Harbour Road, Suite 3202, 32nd Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.tianneng.com.hk

Tianneng Power International Ltd is an electronic components company. It operates through two business segments: sales of batteries and battery-related accessories, and trading of new energy material. The company is primarily engaged in manufacturing and selling of lead-acid batteries and battery-related accessories including motive, solar, and wind-powered batteries, lithium battery products, electrical bicycle batteries, and special-purpose batteries mainly used for electrical vehicles, and energy storage battery, among others. A vast majority of revenue is generated by the company's sale of batteries and battery-related accessories segment, and the company earns most of its revenue in The People's Republic of China.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Yang Yaping	2202 Interest of your spouse
Zhang Tianren	2201 Interest of corporation controlled by you
Prime Leader Global Limited	2101 Beneficial owner

Tianneng Power International (HKSE:00819) Headlines

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