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.
Summi (Group) Holdings Tangible Book per Share Historical Data
The historical data trend for Summi (Group) 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.
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Summi (Group) Holdings Tangible Book per Share Chart
Competitive Comparison of Summi (Group) Holdings's Tangible Book per Share
For the Beverages - Non-Alcoholic subindustry, Summi (Group) 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.
Summi (Group) Holdings's Price-to-Tangible-Book Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Summi (Group) Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Summi (Group) Holdings's Price-to-Tangible-Book falls into.
Summi (Group) Holdings Tangible Book per Share Calculation
Summi (Group) Holdings's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2024 is calculated as
* 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.
Summi (Group) Holdings (HKSE:00756) 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.
Summi (Group) Holdings Tangible Book per Share Related Terms
Thank you for viewing the detailed overview of Summi (Group) Holdings's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Summi (Group) Holdings Ltd operates in the beverages business. The company and its subsidiaries are principally engaged in the sale of frozen concentrated orange juice and other related products; and production and sale of freshly squeezed orange juice. The products of the group are offered under the Summi brand name. It operates in two segments: Production and Sale of FCOJ and Other Related Products Business and Production and Sale of Summi Fresh Orange Juice and Other Products Business. The company generates maximum revenue from the Production and Sale of Summi Fresh Orange Juice and Other Products Business segment. Geographically the company derives a majority of its revenue from Mainland China and the rest from Hong Kong.
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