Hongli Group (Hongli Group) 3-Year Book Growth Rate : 37.30% (As of Dec. 2023)

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What is Hongli Group 3-Year Book Growth Rate?

Hongli Group's Book Value per Share for the quarter that ended in Dec. 2023 was $1.73.

During the past 12 months, Hongli Group's average Book Value per Share Growth Rate was 54.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 37.30% 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 5 years, the highest 3-Year average Book Value per Share Growth Rate of Hongli Group was 37.80% per year. The lowest was 37.30% per year. And the median was 37.55% per year.

Competitive Comparison of Hongli Group's 3-Year Book Growth Rate

For the Steel subindustry, Hongli Group'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.

Hongli Group's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hongli Group's 3-Year Book Growth Rate distribution charts can be found below:

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

Hongli Group 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.

Hongli Group (NAS:HLP) 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.

Hongli Group 3-Year Book Growth Rate Related Terms

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Hongli Group (Hongli Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hongli Group Inc (NAS:HLP) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beisanli Street, Economic Development Zone, Changle County, Weifang, Shandong, CHN, 262400

Website

https://www.hlyxgg.com

Hongli Group Inc is a cold roll formed steel profile manufacturer in China. It customizes and manufactures cold roll formed steel profiles for machinery and equipment in a variety of sectors, including but not limited to mining and excavation, construction, agriculture and transportation.

Hongli Group (Hongli Group) Headlines

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