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Zhejiang Tengen Electric Co (SHSE:605066) 3-Year Book Growth Rate : 1.50% (As of Mar. 2024)


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What is Zhejiang Tengen Electric Co 3-Year Book Growth Rate?

Zhejiang Tengen Electric Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥4.59.

During the past 12 months, Zhejiang Tengen Electric Co's average Book Value per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 1.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 19.20% 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 8 years, the highest 3-Year average Book Value per Share Growth Rate of Zhejiang Tengen Electric Co was 44.50% per year. The lowest was -1.90% per year. And the median was 20.70% per year.


Competitive Comparison of Zhejiang Tengen Electric Co's 3-Year Book Growth Rate

For the Electronic Components subindustry, Zhejiang Tengen Electric 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.


Zhejiang Tengen Electric Co's 3-Year Book Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Tengen Electric Co's 3-Year Book Growth Rate distribution charts can be found below:

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



Zhejiang Tengen Electric 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.


Zhejiang Tengen Electric Co  (SHSE:605066) 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.


Zhejiang Tengen Electric Co 3-Year Book Growth Rate Related Terms

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Zhejiang Tengen Electric Co (SHSE:605066) Business Description

Traded in Other Exchanges
N/A
Address
Sulu Industrial Zone, Liushi Town, Zhejiang Province, Yueqing, CHN, 325604
Zhejiang Tengen Electric Co Ltd is engaged in production and sales of low-voltage electrical products such as power distribution appliances, control appliances, terminal appliances, power appliances, and instrument appliances. The company produces industrial electrical products such as low-voltage power distribution and industrial control electrical appliances, smart meters, power supplies, frequency converters, high-voltage electrical appliances, and construction electrical appliances, for electric power, communications, new energy, industrial and civil construction, metallurgy, petrochemical, machinery manufacturing.

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