Midea Real Estate Holding (HKSE:03990) 3-Year Book Growth Rate : -3.20% (As of Dec. 2023)

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What is Midea Real Estate Holding 3-Year Book Growth Rate?

Midea Real Estate Holding's Book Value per Share for the quarter that ended in Dec. 2023 was HK$19.29.

During the past 12 months, Midea Real Estate Holding's average Book Value per Share Growth Rate was -5.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was -3.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.80% 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 9 years, the highest 3-Year average Book Value per Share Growth Rate of Midea Real Estate Holding was 128.00% per year. The lowest was -3.20% per year. And the median was 21.20% per year.

Competitive Comparison of Midea Real Estate Holding's 3-Year Book Growth Rate

For the Real Estate Services subindustry, Midea Real Estate Holding'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.

Midea Real Estate Holding's 3-Year Book Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Midea Real Estate Holding's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Midea Real Estate Holding's 3-Year Book Growth Rate falls into.

Midea Real Estate Holding 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.

Midea Real Estate Holding (HKSE:03990) 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.

Midea Real Estate Holding 3-Year Book Growth Rate Related Terms

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Midea Real Estate Holding (HKSE:03990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Midea Real Estate Holding Ltd (HKSE:03990) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MR9:Germany

Address

No.1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

https://www.mideadc.com

Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through three principal business segments: Property development and sales; Property management services; and Investment and operation of commercial properties. Property development and sales generates most of the revenue.

Midea Real Estate Holding (HKSE:03990) Headlines

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