Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Price-to-Tangible-Book : 0.66 (As of May. 26, 2024)

View and export this data going back to 2019. Start your Free Trial

What is Shanghai Dongzheng Automotive Finance Co Price-to-Tangible-Book?

As of today (2024-05-26), Shanghai Dongzheng Automotive Finance Co's share price is HK$1.15. Shanghai Dongzheng Automotive Finance Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.75. Hence, Shanghai Dongzheng Automotive Finance Co's Price to Tangible Book Ratio of today is 0.66.

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

HKSE:02718' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 0.46 Max: 0.62
Current: 0.61

During the past 8 years, Shanghai Dongzheng Automotive Finance Co's highest Price to Tangible Book Ratio was 0.62. The lowest was 0.25. And the median was 0.46.

HKSE:02718's Price-to-Tangible-Book is not ranked
in the Credit Services industry.
Industry Median: 1.06 vs HKSE:02718: 0.61

A closely related ratio is called PB Ratio. As of today, Shanghai Dongzheng Automotive Finance Co's share price is HK$1.15. Shanghai Dongzheng Automotive Finance Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.75. Hence, Shanghai Dongzheng Automotive Finance Co's P/B Ratio of today is 0.66.

Shanghai Dongzheng Automotive Finance Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Dongzheng Automotive Finance 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.

Shanghai Dongzheng Automotive Finance Co Price-to-Tangible-Book Chart

Shanghai Dongzheng Automotive Finance Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.50

0.26

0.47

0.66

Shanghai Dongzheng Automotive Finance Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									0.47	0.61	0.66	0.67	0.66

Competitive Comparison of Shanghai Dongzheng Automotive Finance Co's Price-to-Tangible-Book

For the Credit Services subindustry, Shanghai Dongzheng Automotive Finance 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.

Shanghai Dongzheng Automotive Finance Co's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Shanghai Dongzheng Automotive Finance Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shanghai Dongzheng Automotive Finance Co's Price-to-Tangible-Book falls into.

Shanghai Dongzheng Automotive Finance Co Price-to-Tangible-Book Calculation

Shanghai Dongzheng Automotive Finance 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 )
	=	1.15	/	1.745
	=	0.66

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.

Shanghai Dongzheng Automotive Finance Co Price-to-Tangible-Book Related Terms

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

Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shanghai Dongzheng Automotive Finance Co Ltd (HKSE:02718) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yao Yuan Road, Pudong New Area, 12th Floor, Building 2, No. 58, Shanghai, CHN

Website

https://www.dongzhengafc.com

Shanghai Dongzheng Automotive Finance Co Ltd is engaged in providing auto finance products and services for the purchase of luxury-brand cars. Its segments include Retail business and Dealer's loan business. The company generates maximum revenue from the Retail business segment. Geographically the group conducts its business in PRC.

Executives

Jpmorgan Chase & Co.	2106 Person having a security interest in shares
Shang Hai Qi Che Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Shang Hai Qi Che Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xingtai Capital Management Limited	2102 Investment manager
Xingtai China Master Fund	2101 Beneficial owner
Pictet Asset Management (singapore) Pte Ltd
Ubs Group Ag	2201 Interest of corporation controlled by you
Canepa Funds Icav Xingtai China Fund	2101 Beneficial owner
Global Precise Assets Limited
Morgan Stanley Capital Management, Llc	2201 Interest of corporation controlled by you
Msdw Investment Holdings (us) Llc	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Tx Capital (hk) Limited	2102 Investment manager
Morgan Stanley International Incorporated	2201 Interest of corporation controlled by you

Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Headlines

No Headlines