Zhejiang Lante Optics Co (SHSE:688127) 3-Year Book Growth Rate : 5.70% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Zhejiang Lante Optics Co 3-Year Book Growth Rate?

Zhejiang Lante Optics Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥4.16.

During the past 12 months, Zhejiang Lante Optics Co's average Book Value per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was -6.00% 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 Zhejiang Lante Optics Co was 65.30% per year. The lowest was -28.10% per year. And the median was 1.80% per year.

Competitive Comparison of Zhejiang Lante Optics Co's 3-Year Book Growth Rate

For the Semiconductor Equipment & Materials subindustry, Zhejiang Lante Optics 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 Lante Optics Co's 3-Year Book Growth Rate Distribution in the Semiconductors Industry

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

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

Zhejiang Lante Optics 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 Lante Optics Co (SHSE:688127) 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 Lante Optics Co 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Zhejiang Lante Optics Co's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Lante Optics Co (SHSE:688127) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zhejiang Lante Optics Co Ltd (SHSE:688127) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

Honghe Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314023

Website

https://www.lante.com.cn

Zhejiang Lante Optics Co Ltd is engaged in production and sales of optical components. The company produces prisms, lenses, glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields. The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobile phone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration.

Executives

Li Qing Song	Core technical personnel
Xu Ming Yang	Core technical personnel
Yao Liang	Directors, senior managers
Wang Xiao Ming	Director
Hu Jian	Core technical personnel

Zhejiang Lante Optics Co (SHSE:688127) Headlines

No Headlines