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Ninetowns Internet Technology Group Co (FRA:NQU) Tangible Book per Share : €3.03 (As of Dec. 2013)


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What is Ninetowns Internet Technology Group Co 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. Ninetowns Internet Technology Group Co's tangible book value per share for the quarter that ended in Dec. 2013 was €3.03.

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.


Ninetowns Internet Technology Group Co Tangible Book per Share Historical Data

The historical data trend for Ninetowns Internet Technology Group Co'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.

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Ninetowns Internet Technology Group Co Tangible Book per Share Chart

Ninetowns Internet Technology Group Co Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 2.91 2.80 3.11 3.03

Ninetowns Internet Technology Group Co Semi-Annual Data
Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
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 2.49 2.91 2.80 3.11 3.03

Competitive Comparison of Ninetowns Internet Technology Group Co's Tangible Book per Share

For the Software - Infrastructure subindustry, Ninetowns Internet Technology Group 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.


Ninetowns Internet Technology Group Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Ninetowns Internet Technology Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ninetowns Internet Technology Group Co's Price-to-Tangible-Book falls into.



Ninetowns Internet Technology Group Co Tangible Book per Share Calculation

Ninetowns Internet Technology Group Co's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(117.536-0-0.104)/38.7918
=3.03

Ninetowns Internet Technology Group Co's Tangible Book Value Per Share for the quarter that ended in Dec. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(117.536-0-0.104)/38.7918
=3.03

* 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.


Ninetowns Internet Technology Group Co  (FRA:NQU) 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.


Ninetowns Internet Technology Group Co Tangible Book per Share Related Terms

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Ninetowns Internet Technology Group Co Business Description

Traded in Other Exchanges
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Address
Ninetowns Internet Technology Group Co Ltd was incorporated in the Cayman Islands as a limited liability company on February 8, 2002 as "Ninetowns Digital World Trade Technology Holdings Limited". It changed its name to "Ninetowns Digital World Trade One Technology Holdings Limited" on June 14, 2002 and then to "Ninetowns Digital World Trade Holdings Limited" on April 7, 2003. The Company is a PRC software company that enables enterprises and trade-related PRC government agencies to streamline the import/export process in China. Its enterprise software products consist of standardized, easy-to-install applications that simplify the declaration and approval process for international trade enterprises in China. Its enterprise software automates and facilitates the processing of the required import/export declarations and approvals in a cost-efficient, user-friendly and legally-compliant manner over the Internet, utilizing an electronic infrastructure it helped build that links together numerous branch offices of the PRC Inspections Administration. Through its software development services, it assists in the development and maintenance of the software systems used to process electronic filings by the PRC Inspections Administration and the data exchange platforms which serve as the interface between such systems and its enterprise software users.

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