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HK eBus (HK eBus) Tangible Book per Share : $-0.25 (As of Nov. 2018)


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What is HK eBus 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. HK eBus's tangible book value per share for the quarter that ended in Nov. 2018 was $-0.25.

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.


HK eBus Tangible Book per Share Historical Data

The historical data trend for HK eBus'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.

HK eBus Tangible Book per Share Chart

HK eBus Annual Data
Trend May09 May10 May11 May12 May13 May14 May15 May16 May17 May18
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.14 -0.18 -0.20 -0.23

HK eBus Quarterly Data
Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
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 -0.22 -0.22 -0.23 -0.24 -0.25

Competitive Comparison of HK eBus's Tangible Book per Share

For the Shell Companies subindustry, HK eBus'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.


HK eBus's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, HK eBus's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where HK eBus's Price-to-Tangible-Book falls into.



HK eBus Tangible Book per Share Calculation

HK eBus's Tangible Book Value Per Share for the fiscal year that ended in May. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.23-0-0)/0.99219
=-0.23

HK eBus's Tangible Book Value Per Share for the quarter that ended in Nov. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.249-0-0)/0.99219
=-0.25

* 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.


HK eBus  (GREY:HKEB) 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.


HK eBus Tangible Book per Share Related Terms

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HK eBus (HK eBus) Business Description

Traded in Other Exchanges
N/A
Address
800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101
Website
HK eBus Corp is a shell company.

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