Dalian Haosen Equipment Manufacturing Co (SHSE:688529) Price-to-Tangible-Book : 1.17 (As of Jun. 23, 2024)

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What is Dalian Haosen Equipment Manufacturing Co Price-to-Tangible-Book?

As of today (2024-06-23), Dalian Haosen Equipment Manufacturing Co's share price is ¥13.53. Dalian Haosen Equipment Manufacturing Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥11.55. Hence, Dalian Haosen Equipment Manufacturing Co's Price to Tangible Book Ratio of today is 1.17.

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

SHSE:688529' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12 Med: 3.2 Max: 5.04
Current: 1.17

During the past 7 years, Dalian Haosen Equipment Manufacturing Co's highest Price to Tangible Book Ratio was 5.04. The lowest was 1.12. And the median was 3.20.

SHSE:688529's Price-to-Tangible-Book is ranked better than
75.74% of 2823 companies
in the Industrial Products industry
Industry Median: 2.04 vs SHSE:688529: 1.17

A closely related ratio is called PB Ratio. As of today, Dalian Haosen Equipment Manufacturing Co's share price is ¥13.53. Dalian Haosen Equipment Manufacturing Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.76. Hence, Dalian Haosen Equipment Manufacturing Co's P/B Ratio of today is 1.06.

Dalian Haosen Equipment Manufacturing Co Price-to-Tangible-Book Historical Data

The historical data trend for Dalian Haosen Equipment Manufacturing 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.

Dalian Haosen Equipment Manufacturing Co Price-to-Tangible-Book Chart

Dalian Haosen Equipment Manufacturing Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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5.04

3.97

2.61

2.01

Dalian Haosen Equipment Manufacturing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.97	3.11	2.38	2.01	1.73

Competitive Comparison of Dalian Haosen Equipment Manufacturing Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Dalian Haosen Equipment Manufacturing 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.

Dalian Haosen Equipment Manufacturing Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dalian Haosen Equipment Manufacturing Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dalian Haosen Equipment Manufacturing Co's Price-to-Tangible-Book falls into.

Dalian Haosen Equipment Manufacturing Co Price-to-Tangible-Book Calculation

Dalian Haosen Equipment Manufacturing Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	13.53	/	11.548
	=	1.17

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.

Dalian Haosen Equipment Manufacturing Co Price-to-Tangible-Book Related Terms

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Dalian Haosen Equipment Manufacturing Co (SHSE:688529) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dalian Haosen Equipment Manufacturing Co Ltd (SHSE:688529) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Yingchengzi Industrial Park, Ganjingzi District, Liaoning Province, Dalian, CHN, 116036

Website

http://www.haosen.com.cn

Dalian Haosen Equipment Manufacturing Co Ltd is a company specializing in intelligent production line and intelligent equipment integration, which includes planning, R&D, design, assembly, debugging & integration, sales, service and turn-key engineering of intelligent production lines. The company's products include Power Lithium Battery Intelligent Production Line; Hydrogen Fuel Battery Intelligent Production Line; EV Drive Motor Intelligent Production Line; E-drive Production Line; BIW Welding Intelligent Production Line; Engine Intelligent Assembly Line; Transmission Intelligent Assembly Line; Retarder Production Line; Laser Technology & Equipment; and Manufacturing Execution System (MES) & Software.

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