GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sinher Technology Inc Ltd (TPE:4999) » Definitions » Tangible Book per Share

Sinher Technology (TPE:4999) Tangible Book per Share : NT$45.53 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Sinher Technology 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. Sinher Technology's tangible book value per share for the quarter that ended in Mar. 2024 was NT$45.53.

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.


Sinher Technology Tangible Book per Share Historical Data

The historical data trend for Sinher Technology'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.

Sinher Technology Tangible Book per Share Chart

Sinher Technology 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 44.30 47.56 46.91 47.99 46.03

Sinher Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 45.50 46.21 46.71 46.03 45.53

Competitive Comparison of Sinher Technology's Tangible Book per Share

For the Tools & Accessories subindustry, Sinher Technology'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.


Sinher Technology's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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



Sinher Technology Tangible Book per Share Calculation

Sinher Technology'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)
=(3388.768-0-0)/73.617
=46.03

Sinher Technology's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3351.685-0-0)/73.617
=45.53

* 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.


Sinher Technology  (TPE:4999) 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.


Sinher Technology Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Sinher Technology's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sinher Technology (TPE:4999) Business Description

Traded in Other Exchanges
N/A
Address
No.27-1, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 22180
Sinher Technology Inc Ltd is engaged in researching, developing, manufacturing, and selling the parts of the hinge. The company offers an NB hinge, Detachable hinge, NB module hinge, Tablet module hinge, 3C hinge, AIO & LCD hinge, and Others. The company's majority of the revenue is generated from China followed by Japan and Taiwan.

Sinher Technology (TPE:4999) Headlines

No Headlines