Tongwei Co (SHSE:600438) 3-Year Book Growth Rate : 26.50% (As of Mar. 2024)

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What is Tongwei Co 3-Year Book Growth Rate?

Tongwei Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥13.50.

During the past 12 months, Tongwei Co's average Book Value per Share Growth Rate was -12.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 26.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 32.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was 26.20% 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 Tongwei Co was 44.00% per year. The lowest was 6.50% per year. And the median was 14.85% per year.

Competitive Comparison of Tongwei Co's 3-Year Book Growth Rate

For the Farm Products subindustry, Tongwei Co'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.

Tongwei Co's 3-Year Book Growth Rate Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongwei Co's 3-Year Book Growth Rate distribution charts can be found below:

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

Tongwei Co 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.

Tongwei Co (SHSE:600438) 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.

Tongwei Co 3-Year Book Growth Rate Related Terms

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Tongwei Co (SHSE:600438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tongwei Co Ltd (SHSE:600438) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

No. 588, Middle Section Tianfu Avenue, High-Tech Zone, Tongwei International Center, Sichuan, Chengdu, CHN, 610041

Website

http://www.tongwei.com.cn

Tongwei is the largest polysilicon producer in the world. It produced 266.9 thousand metric tons of polysilicon in 2022, accounting for 32% of total production in China. Polysilicon contributed 43% of revenue and 85% of gross profit in 2022. Tongwei is also the largest solar cell producer in the world.

Tongwei Co (SHSE:600438) Headlines

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