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Folangsi Co (HKSE:02499) Price-to-Tangible-Book : 4.61 (As of May. 26, 2024)


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What is Folangsi Co Price-to-Tangible-Book?

As of today (2024-05-26), Folangsi Co's share price is HK$15.48. Folangsi Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$3.36. Hence, Folangsi Co's Price to Tangible Book Ratio of today is 4.61.

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

HKSE:02499' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.4   Med: 4.4   Max: 4.61
Current: 4.61

During the past 4 years, Folangsi Co's highest Price to Tangible Book Ratio was 4.61. The lowest was 4.40. And the median was 4.40.

HKSE:02499's Price-to-Tangible-Book is ranked worse than
83.77% of 191 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.86 vs HKSE:02499: 4.61

A closely related ratio is called PB Ratio. As of today, Folangsi Co's share price is HK$15.48. Folangsi Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$3.38. Hence, Folangsi Co's P/B Ratio of today is 4.57.

Folangsi Co Price-to-Tangible-Book Historical Data

The historical data trend for Folangsi 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.

Folangsi Co Price-to-Tangible-Book Chart

Folangsi Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 4.40

Folangsi Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book - - - 4.40

Competitive Comparison of Folangsi Co's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Folangsi 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.

Folangsi Co's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Folangsi Co's Price-to-Tangible-Book falls into.


Folangsi Co Price-to-Tangible-Book Calculation

Folangsi Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=15.48/3.359
=4.61

* 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:

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.

Folangsi Co Price-to-Tangible-Book Related Terms

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

Folangsi Co (HKSE:02499) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Folangsi Co Ltd (HKSE:02499) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 999, Yayun Avenue, Shiqi Town, Panyu District, Guangdong, Guangzhou, CHN, 511440
Website
https://www.fls123.com
Folangsi Co Ltd is a leading intralogistics equipment solution provider in China. Focusing on intralogistics equipment subscription services, It strives to provide enterprises with one-stop solutions for intralogistics equipment utilization and management. It also has an established presence in the industry, providing services that span the entire lifecycle of intralogistics equipment, including equipment subscription, repair and maintenance, and disposal.
Executives
Hou Zebing
Hou Zekuan
Guangzhou Daze Investment Partnership (limited Partnership)
Yin Junping 2201 Interest of corporation controlled by you
Shenzhen Xinyu Equity Investment Enterprise (limited Partnership)
Zhang Gaozhao
Li Yan 2201 Interest of corporation controlled by you
Shang Hai Ding Man Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Ding Xiao Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Ning Bo Ding Ji Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Zhong Ding Chuang Ye Er Hao Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner

Folangsi Co (HKSE:02499) Headlines

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