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JH Educational Technology (HKSE:01935) Tangible Book per Share : HK$1.58 (As of Dec. 2023)


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What is JH Educational Technology 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. JH Educational Technology's tangible book value per share for the quarter that ended in Dec. 2023 was HK$1.58.

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.


JH Educational Technology Tangible Book per Share Historical Data

The historical data trend for JH Educational Technology'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.

JH Educational Technology Tangible Book per Share Chart

JH Educational Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 0.85 1.02 1.19 1.35 1.58

JH Educational Technology Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.49 1.35 1.64 1.58 -

Competitive Comparison of JH Educational Technology's Tangible Book per Share

For the Education & Training Services subindustry, JH Educational Technology'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.


JH Educational Technology's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JH Educational Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JH Educational Technology's Price-to-Tangible-Book falls into.



JH Educational Technology Tangible Book per Share Calculation

JH Educational Technology'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)
=(2953.788-0-429.074)/1600.83
=1.58

JH Educational Technology'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)
=(2953.788-0-429.074)/1600.83
=1.58

* 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.


JH Educational Technology  (HKSE:01935) 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.


JH Educational Technology Tangible Book per Share Related Terms

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JH Educational Technology Business Description

Traded in Other Exchanges
N/A
Address
No 618, Liuweng Road, Liushi Town, Yueqing, CHN
JH Educational Technology Inc is engaged in the provision of higher and secondary education services and related management services in the People's Republic of China (the PRC). In addition to offering higher education, it also provides education to high school students in Zhejiang province. It controls and operates three schools, namely Zhengzhou College of Economics and Business, Zhejiang Changzheng Vocational & Technical College, and Yueqing Jingyi Secondary School. Geographically company generates its revenue from China.
Executives
Feng’s Investment Holdings Limited 2101 Beneficial owner
Chen Ling Feng 2201 Interest of corporation controlled by you
Chen Shu 2201 Interest of corporation controlled by you
Chen Yu Cao 2201 Interest of corporation controlled by you
Nan Luo Qiu 2202 Interest of your spouse
Cao’s Investment Holdings Limited 2101 Beneficial owner
Chen Yu Dian 2202 Interest of your spouse
Chen Yu Chun 2201 Interest of corporation controlled by you
Zheng Sui Lan 2202 Interest of your spouse
Zhang Xu Li 2201 Interest of corporation controlled by you
Chun’s Investment Holdings Limited 2101 Beneficial owner
Zxl Investment Holdings Limited 2101 Beneficial owner
Lin Yun Ru 2202 Interest of your spouse
Shu’s Investment Holdings Limited 2101 Beneficial owner
Chen Yu Guo 2201 Interest of corporation controlled by you

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