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Suzhou Electrical Apparatus Science Academy Co (SZSE:300215) Tangible Book per Share : ¥2.56 (As of Jun. 2024)


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What is Suzhou Electrical Apparatus Science Academy 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. Suzhou Electrical Apparatus Science Academy Co's tangible book value per share for the quarter that ended in Jun. 2024 was ¥2.56.

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.


Suzhou Electrical Apparatus Science Academy Co Tangible Book per Share Historical Data

The historical data trend for Suzhou Electrical Apparatus Science Academy 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.

* Premium members only.

Suzhou Electrical Apparatus Science Academy Co Tangible Book per Share Chart

Suzhou Electrical Apparatus Science Academy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 2.30 2.47 2.53 2.59

Suzhou Electrical Apparatus Science Academy Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.53 2.56 2.59 2.60 2.56

Competitive Comparison of Suzhou Electrical Apparatus Science Academy Co's Tangible Book per Share

For the Specialty Business Services subindustry, Suzhou Electrical Apparatus Science Academy 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.


Suzhou Electrical Apparatus Science Academy Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Suzhou Electrical Apparatus Science Academy Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Suzhou Electrical Apparatus Science Academy Co's Price-to-Tangible-Book falls into.



Suzhou Electrical Apparatus Science Academy Co Tangible Book per Share Calculation

Suzhou Electrical Apparatus Science Academy 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)
=(1993.102-0-50.882)/749.094
=2.59

Suzhou Electrical Apparatus Science Academy Co's Tangible Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1971.156-0-50.262)/749.094
=2.56

* 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.


Suzhou Electrical Apparatus Science Academy Co  (SZSE:300215) 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.


Suzhou Electrical Apparatus Science Academy Co Tangible Book per Share Related Terms

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Suzhou Electrical Apparatus Science Academy Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Yonghe Street, Binhe Road,New Zone, Suzhou, CHN, 215011
Suzhou Electrical Apparatus Science Academy Co Ltd is mainly engaged in testing, researching, training of manpower, getting standard information and developing checkout equipment about power generation assembly, electric transmission and transformation equipment, high voltage electrical apparatus, high voltage switchgear assemblies, low voltage electrical apparatus, low voltage switchgear assemblies, machine tool electric appliance, marine electrical apparatus, nuclear power electrical apparatus, automobile electrical and electronic, wind power generation equipment, solar power photovoltaic system, energy saving products, RoHS, EMC, anti-seismic and so on.
Executives
Jiang Wen Bo Director
Hu De Lin Directors, executives
Li Wei Ping Supervisors
Chen Wei Director

Suzhou Electrical Apparatus Science Academy Co Headlines

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