China New City Group (HKSE:01321) Price-to-Tangible-Book : 0.29 (As of May. 30, 2025)

View and export this data going back to 2014. Start your Free Trial

What is China New City Group Price-to-Tangible-Book?

As of today (2025-05-30), China New City Group's share price is HK$0.80. China New City Group's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was HK$2.80. Hence, China New City Group's Price to Tangible Book Ratio of today is 0.29.

The historical rank and industry rank for China New City Group's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01321' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 0.3 Max: 2.79
Current: 0.29

During the past 13 years, China New City Group's highest Price to Tangible Book Ratio was 2.79. The lowest was 0.27. And the median was 0.30.

HKSE:01321's Price-to-Tangible-Book is ranked better than
84.64% of 1667 companies
in the Real Estate industry
Industry Median: 0.81 vs HKSE:01321: 0.29

A closely related ratio is called PB Ratio. As of today, China New City Group's share price is HK$0.80. China New City Group's Book Value per Sharefor the quarter that ended in Dec. 2024 was HK$2.80. Hence, China New City Group's P/B Ratio of today is 0.29.

China New City Group Price-to-Tangible-Book Historical Data

The historical data trend for China New City Group'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 New City Group Price-to-Tangible-Book Chart

China New City Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.29

0.31

0.38

0.28

0.29

China New City Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.38	0.36	0.28	0.30	0.29

Competitive Comparison of China New City Group's Price-to-Tangible-Book

For the Real Estate - Development subindustry, China New City Group'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 New City Group's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China New City Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China New City Group's Price-to-Tangible-Book falls into.

Save Embed

;

Save Embed

;

China New City Group Price-to-Tangible-Book Calculation

China New City Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2024 )
	=	0.80	/	2.796
	=	0.29

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 New City Group Price-to-Tangible-Book Related Terms

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

China New City Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China New City Group Ltd (HKSE:01321) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Long Zhang Road, 5th Floor, Building 6, Xinhang Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN

Website

http://www.chinanewcity.com.cn

China New City Group Ltd is an investment holding company. The Group is principally engaged in commercial property development, commercial operation, and hotel management. The company's operating segments are The commercial property development segment which develops and sells commercial properties in Mainland China; The property rental segment which leases investment properties in Mainland China; The hotel operations segment which owns and operates a hotel; and Other segment comprising the company's property management services business, which provides management and security services to commercial properties. The commercial property development segment contributes the majority of the revenue. The company earns the majority of its revenue from Mainland China.

Executives

Whole Good Management Limited
Ideal World Investments Limited
Zhong An Group Limited
Shi Zhongan	2201 Interest of corporation controlled by you
Shi Kancheng

China New City Group Headlines

No Headlines