Ares Asia (HKSE:00645) 3-Year Book Growth Rate : -14.70% (As of Sep. 2023)

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What is Ares Asia 3-Year Book Growth Rate?

Ares Asia's Book Value per Share for the quarter that ended in Sep. 2023 was HK$0.12.

During the past 12 months, Ares Asia's average Book Value per Share Growth Rate was -13.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -14.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was -7.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was -15.10% 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 average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Ares Asia was 4.20% per year. The lowest was -29.10% per year. And the median was -10.25% per year.

Competitive Comparison of Ares Asia's 3-Year Book Growth Rate

For the Thermal Coal subindustry, Ares Asia's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Ares Asia's 3-Year Book Growth Rate Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Ares Asia's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Ares Asia's 3-Year Book Growth Rate falls into.

Ares Asia 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Book Value per Share growth rate.

Ares Asia (HKSE:00645) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Ares Asia 3-Year Book Growth Rate Related Terms

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Ares Asia (HKSE:00645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Ares Asia Ltd (HKSE:00645) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.aresasialtd.com

Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.

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