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China Haisheng Juice Holdings Co (HKSE:00359) Tangible Book per Share : HK$0.82 (As of Jun. 2021)


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What is China Haisheng Juice Holdings 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. China Haisheng Juice Holdings Co's tangible book value per share for the quarter that ended in Jun. 2021 was HK$0.82.

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 Haisheng Juice Holdings Co Tangible Book per Share Historical Data

The historical data trend for China Haisheng Juice Holdings 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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China Haisheng Juice Holdings Co Tangible Book per Share Chart

China Haisheng Juice Holdings Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.95 0.96 1.01 0.94

China Haisheng Juice Holdings Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 1.05 1.01 0.97 0.94 0.82

Competitive Comparison of China Haisheng Juice Holdings Co's Tangible Book per Share

For the Beverages - Non-Alcoholic subindustry, China Haisheng Juice Holdings 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.


China Haisheng Juice Holdings Co's Price-to-Tangible-Book Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Haisheng Juice Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Haisheng Juice Holdings Co's Price-to-Tangible-Book falls into.



China Haisheng Juice Holdings Co Tangible Book per Share Calculation

China Haisheng Juice Holdings Co's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1206.776-0-0)/1289.79
=0.94

China Haisheng Juice Holdings Co's Tangible Book Value Per Share for the quarter that ended in Jun. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1060.955-0-0)/1289.79
=0.82

* 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 Haisheng Juice Holdings Co  (HKSE:00359) 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 Haisheng Juice Holdings Co Tangible Book per Share Related Terms

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China Haisheng Juice Holdings Co (HKSE:00359) Business Description

Traded in Other Exchanges
N/A
Address
288 Des Voeux Road Central, Room B, 3rd Floor, Eton Building, Hong Kong, HKG
China Haisheng Juice Holdings Co Ltd is a Hong Kong-based investment holding company. The company is principally engaged in fruit juice and agriculture businesses. The group has two operating segments: Fruit juice operation segment that manufactures and sells fruit juice concentrate and related products; and the Agriculture operation segment involves plantation and sale of apple saplings, apple and other fruits. The group has a global business presence from which key revenue is derived from the PRC.
Executives
Gao Liang 2202 Interest of your spouse
Xie Haiyan 2202 Interest of your spouse

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