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Evergrande Property Services Group (HKSE:06666) Tangible Book per Share : HK$-0.21 (As of Dec. 2023)


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What is Evergrande Property Services Group 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. Evergrande Property Services Group's tangible book value per share for the quarter that ended in Dec. 2023 was HK$-0.21.

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.


Evergrande Property Services Group Tangible Book per Share Historical Data

The historical data trend for Evergrande Property Services Group'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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Evergrande Property Services Group Tangible Book per Share Chart

Evergrande Property Services Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 0.18 1.07 -0.69 -0.41 -0.21

Evergrande Property Services Group Semi-Annual Data
Dec17 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 -0.69 -0.55 -0.41 -0.31 -0.21

Competitive Comparison of Evergrande Property Services Group's Tangible Book per Share

For the Real Estate Services subindustry, Evergrande Property Services Group'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.


Evergrande Property Services Group's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Evergrande Property Services Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Evergrande Property Services Group's Price-to-Tangible-Book falls into.



Evergrande Property Services Group Tangible Book per Share Calculation

Evergrande Property Services Group'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)
=(-511.424-0-1801.015)/10810.8
=-0.21

Evergrande Property Services Group'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)
=(-511.424-0-1801.015)/10810.8
=-0.21

* 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.


Evergrande Property Services Group  (HKSE:06666) 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.


Evergrande Property Services Group Tangible Book per Share Related Terms

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Evergrande Property Services Group (HKSE:06666) Business Description

Traded in Other Exchanges
Address
No. 78, Huangpu Avenue West, Third Compartment of Room 3101, Tianhe District, Guangdong, Guangzhou, CHN, 510660
Evergrande Property Services Group Ltd is a property management service providers in China. It manages a diverse portfolio of properties, including mid- to high-end residential properties, office buildings and commercial properties. Further, it also manages other types of properties such as theme parks, industrial parks, healthcare complexes, themed towns and schools, among others.
Executives
China Evergrande Group 2201 Interest of corporation controlled by you
Ding Yu Mei 2202 Interest of your spouse
Hui Ka Yan 2201 Interest of corporation controlled by you
Xin Xin (bvi) Limited 2201 Interest of corporation controlled by you
Anji (bvi) Limited 2201 Interest of corporation controlled by you
Ceg Holdings (bvi) Limited 2101 Beneficial owner
Shengjian (bvi) Limited 2201 Interest of corporation controlled by you

Evergrande Property Services Group (HKSE:06666) Headlines

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