Tian Ge Interactive Holdings (HKSE:01980) 3-Year Book Growth Rate : -6.70% (As of Dec. 2023)

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What is Tian Ge Interactive Holdings 3-Year Book Growth Rate?

Tian Ge Interactive Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was HK$2.10.

During the past 12 months, Tian Ge Interactive Holdings's average Book Value per Share Growth Rate was -6.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was -6.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was -2.90% 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 11 years, the highest 3-Year average Book Value per Share Growth Rate of Tian Ge Interactive Holdings was 6.90% per year. The lowest was -6.70% per year. And the median was 2.90% per year.

Competitive Comparison of Tian Ge Interactive Holdings's 3-Year Book Growth Rate

For the Internet Content & Information subindustry, Tian Ge Interactive Holdings'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.

Tian Ge Interactive Holdings's 3-Year Book Growth Rate Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tian Ge Interactive Holdings's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tian Ge Interactive Holdings's 3-Year Book Growth Rate falls into.

Tian Ge Interactive Holdings 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.

Tian Ge Interactive Holdings (HKSE:01980) 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.

Tian Ge Interactive Holdings 3-Year Book Growth Rate Related Terms

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Tian Ge Interactive Holdings (HKSE:01980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tian Ge Interactive Holdings Ltd (HKSE:01980) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intime City Tower E, 12-14th Floor, Gongshu District, Hangzhou, CHN

Website

http://www.tiange.com

Tian Ge Interactive Holdings Ltd is a Chinese investment holding company that engages in the online entertainment business. The company develops and operates real-time video technology so its users can socialize and interact through video chat and text. The company is also involved with creating mobile game platforms, O2O Entertainments, and has a health, personal, and beauty care business. The firm's segments include Online interactive entertainment services and Others. Online interactive entertainment services comprise the vast majority of the firm's overall revenue. It mainly operates its business in China.

Tian Ge Interactive Holdings (HKSE:01980) Headlines

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