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.
Li Peng Enterprise Co Tangible Book per Share Historical Data
The historical data trend for Li Peng Enterprise 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.
Li Peng Enterprise Co Tangible Book per Share Chart
Competitive Comparison of Li Peng Enterprise Co's Tangible Book per Share
For the Textile Manufacturing subindustry, Li Peng Enterprise 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.
Li Peng Enterprise Co's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Li Peng Enterprise Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Li Peng Enterprise Co'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.
Li Peng Enterprise Co (TPE:1447) 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.
Li Peng Enterprise Co Tangible Book per Share Related Terms
Thank you for viewing the detailed overview of Li Peng Enterprise Co's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Li Peng Enterprise Co Ltd is a Taiwan-based company which is primarily engaged in the manufacture and sale of textile products. The company's main products consist of nylon chips, nylon filament yarns, and nylon yarns with special functions, and these products contribute the majority of the company's total revenue. The company also provides various kinds of fabrics such as synthetic and natural woven fabric. The company's production line includes polymerization, spinning, weaving, dyeing, and finished fabrics.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TPE:1447 has been successfully added to your 