GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hopson Development Holdings Ltd (HKSE:00754) » Definitions » Tangible Book per Share

Hopson Development Holdings (HKSE:00754) Tangible Book per Share : HK$24.66 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Hopson Development Holdings 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. Hopson Development Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was HK$24.66.

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.


Hopson Development Holdings Tangible Book per Share Historical Data

The historical data trend for Hopson Development Holdings'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.

Hopson Development Holdings Tangible Book per Share Chart

Hopson Development Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.11 22.31 24.83 24.05 24.66

Hopson Development Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 24.83 25.57 24.05 24.56 24.66

Competitive Comparison of Hopson Development Holdings's Tangible Book per Share

For the Real Estate - Development subindustry, Hopson Development Holdings'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.


Hopson Development Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hopson Development Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hopson Development Holdings's Price-to-Tangible-Book falls into.



Hopson Development Holdings Tangible Book per Share Calculation

Hopson Development Holdings's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(95358.213-0-1837.328)/3792.54
=24.66

Hopson Development Holdings's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(95358.213-0-1837.328)/3792.54
=24.66

* 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.


Hopson Development Holdings  (HKSE:00754) 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.


Hopson Development Holdings Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Hopson Development Holdings's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hopson Development Holdings (HKSE:00754) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, Unit 4903-10, 49th Floor, The Center, Central, Hong Kong, HKG
Hopson Development Holdings Ltd is engaged in the development of medium to high-end large-scale residential properties. The company has five operating segment which includes the Real Estate segment, Commercial segment, Property management segment, Investments segment, and Infrastructure segment. It generates maximum revenue from Property development.
Executives
Hsbc Holdings Plc 2201 Interest of corporation controlled by you
Sounda Properties Limited 2101 Beneficial owner
Chu Mang Yee 2201 Interest of corporation controlled by you
Clear Build Investments Limited 2201 Interest of corporation controlled by you
Farrich Investments Limited 2101 Beneficial owner
Thebest Investments Limited 2201 Interest of corporation controlled by you
Chu Yat Hong 2201 Interest of corporation controlled by you

Hopson Development Holdings (HKSE:00754) Headlines

No Headlines