Changhong Jiahua Holding (HKSE:03991) Price-to-Tangible-Book : 0.23 (As of Jun. 21, 2024)

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What is Changhong Jiahua Holding Price-to-Tangible-Book?

As of today (2024-06-21), Changhong Jiahua Holding's share price is HK$0.45. Changhong Jiahua Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.92. Hence, Changhong Jiahua Holding's Price to Tangible Book Ratio of today is 0.23.

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

HKSE:03991' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 0.56 Max: 1.55
Current: 0.23

During the past 13 years, Changhong Jiahua Holding's highest Price to Tangible Book Ratio was 1.55. The lowest was 0.22. And the median was 0.56.

HKSE:03991's Price-to-Tangible-Book is ranked better than
98.61% of 2302 companies
in the Hardware industry
Industry Median: 2.08 vs HKSE:03991: 0.23

A closely related ratio is called PB Ratio. As of today, Changhong Jiahua Holding's share price is HK$0.45. Changhong Jiahua Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.93. Hence, Changhong Jiahua Holding's P/B Ratio of today is 0.23.

Changhong Jiahua Holding Price-to-Tangible-Book Historical Data

The historical data trend for Changhong Jiahua Holding'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.

Changhong Jiahua Holding Price-to-Tangible-Book Chart

Changhong Jiahua Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.57

0.51

0.38

0.33

0.22

Changhong Jiahua Holding 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															0.38	0.38	0.33	0.32	0.22

Competitive Comparison of Changhong Jiahua Holding's Price-to-Tangible-Book

For the Electronics & Computer Distribution subindustry, Changhong Jiahua Holding'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.

Changhong Jiahua Holding's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changhong Jiahua Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Changhong Jiahua Holding's Price-to-Tangible-Book falls into.

Changhong Jiahua Holding Price-to-Tangible-Book Calculation

Changhong Jiahua Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.45	/	1.921
	=	0.23

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.

Changhong Jiahua Holding Price-to-Tangible-Book Related Terms

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

Changhong Jiahua Holding (HKSE:03991) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Changhong Jiahua Holding Ltd (HKSE:03991) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road, Unit 1412, 14th Foor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.changhongit.com

Changhong Jiahua Holding Ltd is an investment holding company. It operates through three segments viz. ICT Consumer Products which covers the distribution of ICT consumer products including personal computers, digital products, and IT accessories; ICT Corporate Products which is involved in the distribution of ICT corporate products including storage products, minicomputers, networking products, personal computer servers, and unified communication and contact center products; and Others include distribution of smartphones and development of its own-brand products including but not limited to intelligent terminals, sales of warranty packages and professional integrated ICT solutions and provision of ICT services. It derives prime revenue from Mainland China.

Executives

Zhu Jianqiu	2101 Beneficial owner
Changhong (hong Kong) Trading Ltd.	2201 Interest of corporation controlled by you
Sichuan Changhong Electric Co., Ltd.	2101 Beneficial owner
Fit Generation Holding Ltd.	2101 Beneficial owner

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