Huagong Tech Co (SZSE:000988) 3-Year Book Growth Rate : 11.30% (As of Mar. 2024)

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What is Huagong Tech Co 3-Year Book Growth Rate?

Huagong Tech Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥9.40.

During the past 12 months, Huagong Tech Co's average Book Value per Share Growth Rate was 11.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 10.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 12.70% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Huagong Tech Co was 48.20% per year. The lowest was 3.70% per year. And the median was 12.80% per year.

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

For the Electrical Equipment & Parts subindustry, Huagong Tech 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.

Huagong Tech Co's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

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

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

Huagong Tech 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.

Huagong Tech Co (SZSE:000988) 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.

Huagong Tech Co 3-Year Book Growth Rate Related Terms

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Huagong Tech Co (SZSE:000988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huagong Tech Co Ltd (SZSE:000988) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

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Address

Huazhong University of Science and Technology University, Huagong Technology Headquarters Building, Wuhan East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430223

Website

http://www.hgtech.com.cn

Huagong Tech Co Ltd is a China-based company principally engaged in the business of laser equipment manufacturing, optical communications and laser holographic anti-counterfeiting of sensitive products and components. The company's products are widely used in machinery manufacturing, aerospace, automobile industry, and iron and steel metallurgy and other industries. In addition, the company also offers solutions such as energy industry laser processing solutions, aerospace applications solutions, 3C industry laser processing solutions, automotive industry application solutions, certification industry anti-counterfeiting solutions, intelligent manufacturing service platform and cloud computing centre.

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