Bank Of Ningbo Co (SZSE:002142) 3-Year Book Growth Rate : 19.60% (As of Mar. 2024)

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What is Bank Of Ningbo Co 3-Year Book Growth Rate?

Bank Of Ningbo Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥29.59.

During the past 12 months, Bank Of Ningbo Co's average Book Value per Share Growth Rate was 22.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 19.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 18.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 17.80% 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 Bank Of Ningbo Co was 43.00% per year. The lowest was -8.10% per year. And the median was 18.70% per year.

Competitive Comparison of Bank Of Ningbo Co's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Bank Of Ningbo 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.

Bank Of Ningbo Co's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Ningbo Co's 3-Year Book Growth Rate distribution charts can be found below:

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

Bank Of Ningbo 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.

Bank Of Ningbo Co (SZSE:002142) 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.

Bank Of Ningbo Co 3-Year Book Growth Rate Related Terms

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Bank Of Ningbo Co (SZSE:002142) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of Ningbo Co Ltd (SZSE:002142) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

No. 345, Ningdong Road, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100

Website

http://www.nbcb.com.cn

Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank is headquartered in Ningbo, a vice provincial city in Zhejiang province. It has a differentiated positioning in SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 29%, 23%, 5%, 4%, and 4%, respectively, to revenue in 2022. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore's OCBC Bank, and Youngor Group holding 19%, 18%, and 8% of the shares, respectively, as of end-March 2023.

Bank Of Ningbo Co (SZSE:002142) Headlines

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