Jisheng Group Holdings (HKSE:08133) Tangible Book per Share : HK$0.60 (As of Dec. 2023)

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What is Jisheng Group 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. Jisheng Group Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was HK$0.60.

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.

Jisheng Group Holdings Tangible Book per Share Historical Data

The historical data trend for Jisheng 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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Jisheng Group Holdings Tangible Book per Share Chart

Jisheng Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tangible Book per Share

Get a 7-Day Free Trial

2.59

1.53

0.78

0.49

0.60

Jisheng Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tangible Book per Share	Get a 7-Day Free Trial															0.49	-	0.58	-	0.60

Competitive Comparison of Jisheng Group Holdings's Tangible Book per Share

For the Metal Fabrication subindustry, Jisheng 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.

Jisheng Group Holdings's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jisheng Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Jisheng Group Holdings Tangible Book per Share Calculation

Jisheng Group 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)
	=	(22.935	-	0	-	0)	/	38.184
	=	0.60

Jisheng Group 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)
	=	(22.935	-	0	-	0)	/	38.184
	=	0.60

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.

Jisheng Group Holdings (HKSE:08133) 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.

Jisheng Group Holdings Tangible Book per Share Related Terms

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Jisheng Group Holdings (HKSE:08133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jisheng Group Holdings Ltd (HKSE:08133) » Definitions » Tangible Book per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Connaught Road West, 8/F, Wui Tat Centre, Hong Kong, HKG

Website

https://www.solomon-worldwide.com

Jisheng Group Holdings Ltd Formerly Solomon Worldwide Holdings Ltd is an investment holding company. The company's operating segment includes Metal casting and Financial printing. The metal casting products consist of pump components, valve components, filter components, and food machinery components, which are made of stainless steel, carbon steel, bronze, and/or grey iron. The financial printing segment provides typesetting, translation, cover and layout design, printing and binding, distribution, and media placement services in relation to the financial reports, announcements, shareholders circulars, and IPO prospectuses, for its customers. It generates maximum revenue from the metal casting segment. Geographically, it derives a majority of its revenue from Germany.

Executives

Woo Lan Ying	2101 Beneficial owner
Cheung Siu Wo	2101 Beneficial owner
Ling Pui Chi	2101 Beneficial owner
Li Kwok Fan	2101 Beneficial owner
Fang Jinhuo	2101 Beneficial owner
Chung Hon Man	2101 Beneficial owner

Jisheng Group Holdings (HKSE:08133) Headlines

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