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LONGi Green Energy Technology Co (SHSE:601012) Book Value per Share : ¥8.99 (As of Mar. 2024)


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What is LONGi Green Energy Technology Co Book Value per Share?

LONGi Green Energy Technology Co's book value per share for the quarter that ended in Mar. 2024 was ¥8.99.

During the past 12 months, LONGi Green Energy Technology Co's average Book Value Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 30.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 35.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LONGi Green Energy Technology Co was 80.30% per year. The lowest was 21.10% per year. And the median was 34.40% per year.

LONGi Green Energy Technology Co's current price is ¥16.74. Its book value per share for the quarter that ended in Mar. 2024 was ¥8.99. Hence, today's PB Ratio of LONGi Green Energy Technology Co is 1.86.

During the past 13 years, the highest P/B Ratio of LONGi Green Energy Technology Co was 13.10. The lowest was 1.68. And the median was 3.94.

Good Sign:

LONGi Green Energy Technology Co Ltd stock PB Ratio (=1.86) is close to 10-year low of 1.86


LONGi Green Energy Technology Co Book Value per Share Historical Data

The historical data trend for LONGi Green Energy Technology Co's Book Value 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.

LONGi Green Energy Technology Co Book Value per Share Chart

LONGi Green Energy Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 4.75 6.26 8.20 9.30

LONGi Green Energy Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value 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 8.68 9.06 9.44 9.30 8.99

Competitive Comparison of LONGi Green Energy Technology Co's Book Value per Share

For the Semiconductor Equipment & Materials subindustry, LONGi Green Energy Technology Co's PB Ratio, along with its competitors' market caps and PB Ratio 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.


LONGi Green Energy Technology Co's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, LONGi Green Energy Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where LONGi Green Energy Technology Co's PB Ratio falls into.



LONGi Green Energy Technology Co Book Value per Share Calculation

LONGi Green Energy Technology Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(70,492-0)/7,578
=9.30

LONGi Green Energy Technology Co's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(68,147-0)/7,578
=8.99

* 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 Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


LONGi Green Energy Technology Co  (SHSE:601012) Book Value 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.


LONGi Green Energy Technology Co Book Value per Share Related Terms

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LONGi Green Energy Technology Co (SHSE:601012) Business Description

Traded in Other Exchanges
N/A
Address
Innovation Incubation Center Block B, Shangji Road 8989 Xi'an Service Outsourcing Industrial Park, Xi'an Economic and Technological Development Zone, Xian, CHN, 710018
LONGi Green Energy Technology is the largest integrated solar company in the world. It produced 85.9 gigawatts of solar silicon wafers and 48.2 GW of solar modules in 2022, both the most globally. Solar silicon wafer and solar module contributed 30% and 66% of revenue in 2022, respectively. LONGi's production bases are mostly in China. LONGi's products are sold in more than 150 countries and regions.
Executives
Zhong Bao Shen Director
Tian Ye Director
Liu Xue Wen Director
Bai Zhong Xue Director
Liu Xiao Dong senior management
Li Zhen Guo Director
Qin Yong Bo Supervisors
Xu Da Peng Director
Zou Zong Hai Director
Li Chun An Director
Wang Xiao Zhe senior management
Huang Li Xin senior management
Dai Su Supervisors
Hu Zhong Xiang Director
Zhang Yi Tao senior management

LONGi Green Energy Technology Co (SHSE:601012) Headlines

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