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.
JF SmartInvest Holdings Tangible Book per Share Historical Data
The historical data trend for JF SmartInvest 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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JF SmartInvest Holdings Tangible Book per Share Chart
Competitive Comparison of JF SmartInvest Holdings's Tangible Book per Share
For the Education & Training Services subindustry, JF SmartInvest 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.
JF SmartInvest Holdings's Price-to-Tangible-Book Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, JF SmartInvest Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where JF SmartInvest Holdings's Price-to-Tangible-Book falls into.
* 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.
JF SmartInvest Holdings (HKSE:09636) 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.
JF SmartInvest Holdings Tangible Book per Share Related Terms
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JF SmartInvest Holdings Ltd is a next-generation stock investing assistant that provides equity investment tools, securities investment advisory, investor education and other services for individual investors with product offerings such as stock quote software, Stock Learning Machine, Stock Navigator Series, Super Investor and Jiuyao Stocks (small-amount series products). It has developed JF Robo-Advisor, FinSphere Agent, FinSphere Report and other AI products based on its AI and big data technologies, enabling the company to achieve industry leadership in inventive practice and scenario application.
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