Dowell Service Group Co (HKSE:02352) Tangible Book per Share : HK$3.25 (As of Dec. 2023)

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What is Dowell Service Group 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. Dowell Service Group Co's tangible book value per share for the quarter that ended in Dec. 2023 was HK$3.25.

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.

Dowell Service Group Co Tangible Book per Share Historical Data

The historical data trend for Dowell Service Group 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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Dowell Service Group Co Tangible Book per Share Chart

Dowell Service Group Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tangible Book per Share

2.06

0.72

2.48

3.04

3.25

Dowell Service Group Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tangible Book per Share	Get a 7-Day Free Trial			2.48	2.70	3.04	3.39	3.25

Competitive Comparison of Dowell Service Group Co's Tangible Book per Share

For the Real Estate Services subindustry, Dowell Service Group 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.

Dowell Service Group Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dowell Service Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dowell Service Group Co's Price-to-Tangible-Book falls into.

Dowell Service Group Co Tangible Book per Share Calculation

Dowell Service Group Co'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)
	=	(516.572	-	0	-	299.146)	/	66.9909
	=	3.25

Dowell Service Group Co'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)
	=	(516.572	-	0	-	299.146)	/	66.9909
	=	3.25

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.

Dowell Service Group Co (HKSE:02352) 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.

Dowell Service Group Co Tangible Book per Share Related Terms

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Dowell Service Group Co (HKSE:02352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dowell Service Group Co Ltd (HKSE:02352) » Definitions » Tangible Book per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 108 Baihe Road, Room 206, B1/F, Nanping Town, Nan’an District, Chongqing, CHN, 400000

Website

http://www.dowellservice.com

Dowell Service Group Co Ltd is an investment holding company established in the PRC. The Group is engaged in the provision of property management services, community value-added services, and value-added services to non-property owners.

Executives

Chong Qing Chao Feng Lian Wu Zi You Xian Gong Si	2106 Person having a security interest in shares
Lin Zi Yao	2201 Interest of corporation controlled by you
Chong Qing Di Ma Rui Sheng Shi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Shi Di Ma Shi Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Dong Yin Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Cheng Fang Qi Ye Guan Li Zi Xun You Xian Gong Si	2101 Beneficial owner
Lo Siu Yu	2201 Interest of corporation controlled by you
Chiu Kit Hung	2202 Interest of your spouse
Harvest Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd	2201 Interest of corporation controlled by you
Zhang Xiang Nong	2202 Interest of your spouse
Rui Fu Zi Ben Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Hao	2201 Interest of corporation controlled by you
Bai Tian You Xian Gong Si	2101 Beneficial owner
Ma Xue Mei	2202 Interest of your spouse

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