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China Best Group Holding (FRA:EFO3) Tangible Book per Share : €0.03 (As of Mar. 2024)


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What is China Best Group Holding Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. China Best Group Holding's tangible book value per share for the quarter that ended in Mar. 2024 was €0.03.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


China Best Group Holding Tangible Book per Share Historical Data

The historical data trend for China Best Group Holding's Tangible Book per Share 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 Best Group Holding Tangible Book per Share Chart

China Best Group Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23 Mar24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.06 0.04 0.03

China Best Group Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.04 0.04 0.03 0.02

Competitive Comparison of China Best Group Holding's Tangible Book per Share

For the Specialty Retail subindustry, China Best Group 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.


China Best Group Holding's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Best Group Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Best Group Holding's Price-to-Tangible-Book falls into.



China Best Group Holding Tangible Book per Share Calculation

China Best Group Holding's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(84.563-0-29.422)/2091.5
=0.03

China Best Group Holding's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(84.563-0-29.422)/2091.5
=0.03

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


China Best Group Holding  (FRA:EFO3) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


China Best Group Holding Tangible Book per Share Related Terms

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China Best Group Holding Business Description

Traded in Other Exchanges
Address
The Gateway, Harbour City, Suite 1901-2 & 14, 19th Floor, Tower 6, Kowloon, Hong Kong, HKG
China Best Group Holding Ltd is a China-based company having various business segments namely: Trading of goods segment; b) Finance leasing segment; Money lending segment; Securities and futures brokerage segment; International air and sea freight forwarding segment; Property investment segment; Customised technical support segment; Property brokerage segment; Project management segment; Geothermal energy segment; Building construction contracting segment; and Centralised heating segment. It derives maximum revenue from PRC and also has its presence in Hong Kong and Singapore.

China Best Group Holding Headlines

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