China Treasures New Materials Group (HKSE:02439) Price-to-Tangible-Book : 0.45 (As of May. 13, 2025)

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What is China Treasures New Materials Group Price-to-Tangible-Book?

As of today (2025-05-13), China Treasures New Materials Group's share price is HK$0.265. China Treasures New Materials Group's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was HK$0.59. Hence, China Treasures New Materials Group's Price to Tangible Book Ratio of today is 0.45.

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

HKSE:02439' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41 Med: 2.33 Max: 4.25
Current: 0.45

During the past 6 years, China Treasures New Materials Group's highest Price to Tangible Book Ratio was 4.25. The lowest was 0.41. And the median was 2.33.

HKSE:02439's Price-to-Tangible-Book is ranked better than
92.19% of 1498 companies
in the Chemicals industry
Industry Median: 1.755 vs HKSE:02439: 0.45

A closely related ratio is called PB Ratio. As of today, China Treasures New Materials Group's share price is HK$0.265. China Treasures New Materials Group's Book Value per Sharefor the quarter that ended in Dec. 2024 was HK$0.59. Hence, China Treasures New Materials Group's P/B Ratio of today is 0.45.

China Treasures New Materials Group Price-to-Tangible-Book Historical Data

The historical data trend for China Treasures New Materials 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 Treasures New Materials Group Price-to-Tangible-Book Chart

China Treasures New Materials Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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4.25

0.41

China Treasures New Materials Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial				-	1.32	4.25	0.56	0.41

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

For the Specialty Chemicals subindustry, China Treasures New Materials 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 Treasures New Materials Group's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Treasures New Materials Group's Price-to-Tangible-Book distribution charts can be found below:

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

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China Treasures New Materials Group Price-to-Tangible-Book Calculation

China Treasures New Materials 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 )
	=	0.265	/	0.594
	=	0.45

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 Treasures New Materials Group Price-to-Tangible-Book Related Terms

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

China Treasures New Materials Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Treasures New Materials Group Ltd (HKSE:02439) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jinger Road, South Karen Industrial Zone, Jiutai Economic Development Zone, Jilin Province, Changchun City, CHN

Website

http://www.jl-ks.cn

China Treasures New Materials Group Ltd mainly engages in developing and manufacturing biodegradable plastic products in Northeast China. Its biodegradable plastic products mainly come in biodegradable roll bags. The company provides biodegradable plastic products including biodegradable masterbatches that can be used to produce biodegradable plastic products. It has two segments development and manufacture of biodegradable plastic products; and development and manufacture of non-biodegradable automobile plastic parts.

Executives

Zhang Yuqiu
Lvsetianye Technology Holdings Limited
Lvsesenlin Technology Holdings Limited
Shan Yuzhu
Daziran Technology Invest Holdings Limited
China Plastic Environmental Protection Holdings Limited	2101 Beneficial owner
Zhe Jiang An Ji Jing Ji Kai Fa Qu Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you

China Treasures New Materials Group Headlines

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