China Energy Storage Technology Development (HKSE:01143) Price-to-Tangible-Book : 1.02 (As of May. 27, 2024)

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What is China Energy Storage Technology Development Price-to-Tangible-Book?

As of today (2024-05-27), China Energy Storage Technology Development's share price is HK$2.36. China Energy Storage Technology Development's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.31. Hence, China Energy Storage Technology Development's Price to Tangible Book Ratio of today is 1.02.

The historical rank and industry rank for China Energy Storage Technology Development's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01143' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23 Med: 0.76 Max: 9
Current: 1.02

During the past 13 years, China Energy Storage Technology Development's highest Price to Tangible Book Ratio was 9.00. The lowest was 0.23. And the median was 0.76.

HKSE:01143's Price-to-Tangible-Book is ranked better than
79.49% of 2297 companies
in the Hardware industry
Industry Median: 2.06 vs HKSE:01143: 1.02

A closely related ratio is called PB Ratio. As of today, China Energy Storage Technology Development's share price is HK$2.36. China Energy Storage Technology Development's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.49. Hence, China Energy Storage Technology Development's P/B Ratio of today is 0.95.

China Energy Storage Technology Development Price-to-Tangible-Book Historical Data

The historical data trend for China Energy Storage Technology Development'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.

China Energy Storage Technology Development Price-to-Tangible-Book Chart

China Energy Storage Technology Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.45

0.62

0.55

0.23

0.89

China Energy Storage Technology Development 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															0.55	0.39	0.23	0.98	0.89

Competitive Comparison of China Energy Storage Technology Development's Price-to-Tangible-Book

For the Consumer Electronics subindustry, China Energy Storage Technology Development'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.

China Energy Storage Technology Development's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Energy Storage Technology Development's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Energy Storage Technology Development's Price-to-Tangible-Book falls into.

China Energy Storage Technology Development Price-to-Tangible-Book Calculation

China Energy Storage Technology Development's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.36	/	2.312
	=	1.02

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.

China Energy Storage Technology Development Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of China Energy Storage Technology Development's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

China Energy Storage Technology Development (HKSE:01143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Energy Storage Technology Development Ltd (HKSE:01143) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

The Gateway, Harbour City, Suites 3501 & 3513–14, 35th Floor Tower 6, Tsim Sha Tsui, Hong Kong, HKG

Website

http://www.link-asia.com.hk

China Energy Storage Technology Development Ltd Formerly Link-Asia International MedTech Group Ltd is an investment holding company. It operates in four segments: Electronic manufacturing services; Distribution of Communications Products; Securities and Other Assets Investment, which includes Equity investment, property agency service, and other operations; and Real Estate Supply Chain Services, which provide real estate advisory services and real estate purchase service and Money Lending. The company generates the vast majority of its revenue from the Electronic manufacturing services segment. Its geographical segments are China, the United States, Switzerland, France, Poland, the United Kingdom, and Others.

Executives

Chen Dezhu	2201 Interest of corporation controlled by you
Chan Allie	2106 Person having a security interest in shares
Sy Ming Yiu	2101 Beneficial owner
Power Port Holdings Limited	2101 Beneficial owner
Yang Changrong	2201 Interest of corporation controlled by you
He Xiaoming	2201 Interest of corporation controlled by you
Keywan Global Limited	2101 Beneficial owner
Cao Longbing	2201 Interest of corporation controlled by you
Hearts Capital (asia) Limited	2201 Interest of corporation controlled by you
Hearts Capital Spc - Hearts Sp2	2101 Beneficial owner
Long Asia Asset Management (hk) Limited	2102 Investment manager

China Energy Storage Technology Development (HKSE:01143) Headlines

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