Shareate Tools (SHSE:688257) 3-Year Book Growth Rate : 45.30% (As of Mar. 2024)

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What is Shareate Tools 3-Year Book Growth Rate?

Shareate Tools's Book Value per Share for the quarter that ended in Mar. 2024 was ¥16.37.

During the past 12 months, Shareate Tools's average Book Value per Share Growth Rate was 1.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 45.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 44.70% 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 10 years, the highest 3-Year average Book Value per Share Growth Rate of Shareate Tools was 65.20% per year. The lowest was 18.20% per year. And the median was 26.90% per year.

Competitive Comparison of Shareate Tools's 3-Year Book Growth Rate

For the Tools & Accessories subindustry, Shareate Tools'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.

Shareate Tools's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shareate Tools's 3-Year Book Growth Rate distribution charts can be found below:

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

Shareate Tools 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.

Shareate Tools (SHSE:688257) 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.

Shareate Tools 3-Year Book Growth Rate Related Terms

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Shareate Tools (SHSE:688257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shareate Tools Ltd (SHSE:688257) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Shuangma Street, Weiting Town, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215121

Website

http://www.shareate.com

Shareate Tools Ltd is a national high-tech enterprise, engaged in cemented carbide products and rock drilling tools. Its main products are Rotary Tricone Bit, DTH Hammer & Bit for mining, water well, and oil-field drilling applications, oil drilling, and mining cemented carbide, carbide substrates for PDC bits, petroleum drill bit nozzle, ultra-fine cemented carbide rod, fine grain cutting tools, stamping die plate, cold heading dies, powder metallurgy dies, tungsten carbide tubular welding, wear parts, non-standard parts. It exports to South America, Africa, Australia, Russia, South Korea, USA, Canada and other countries.

Executives

Yang Han Min	Core technical personnel
Li Ning	Core technical personnel
	senior management
Lu Qing Zhong	Core technical personnel

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