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Leader Hill (Leader Hill) Tangible Book per Share : $-0.01 (As of Aug. 2022)


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What is Leader Hill 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. Leader Hill's tangible book value per share for the quarter that ended in Aug. 2022 was $-0.01.

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.


Leader Hill Tangible Book per Share Historical Data

The historical data trend for Leader Hill'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.

Leader Hill Tangible Book per Share Chart

Leader Hill Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Tangible Book per Share
- - -0.01 - -0.01

Leader Hill Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Leader Hill's Tangible Book per Share

For the Specialty Business Services subindustry, Leader Hill'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.


Leader Hill's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Leader Hill's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Leader Hill's Price-to-Tangible-Book falls into.



Leader Hill Tangible Book per Share Calculation

Leader Hill's Tangible Book Value Per Share for the fiscal year that ended in Nov. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.033-0-0)/4.825
=-0.01

Leader Hill's Tangible Book Value Per Share for the quarter that ended in Aug. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.056-0-0)/4.825
=-0.01

* 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.


Leader Hill  (OTCPK:LHIL) 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.


Leader Hill Tangible Book per Share Related Terms

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Leader Hill (Leader Hill) Business Description

Traded in Other Exchanges
N/A
Address
Room 0701, Unit 2, Building 11, Shui’an Xindu, Coastal Industrial Base, Liaoning Province, Yingkou, CHN, 115000
Leader Hill Corp operates in the industry of business consulting that intends to assist start-up to mid-size companies in the East Asia region, with a focus on mainland China and Hong Kong. Its core services are divided into four categories: company formation, corporate secretarial and administration, accounting and bookkeeping, and general business consulting services.

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