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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) 3-Year Book Growth Rate : 42.10% (As of Mar. 2024)


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What is Luoyang Xinqianglian Slewing Bearing Co 3-Year Book Growth Rate?

Luoyang Xinqianglian Slewing Bearing Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥14.03.

During the past 12 months, Luoyang Xinqianglian Slewing Bearing Co's average Book Value per Share Growth Rate was 18.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 42.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 49.20% 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 Luoyang Xinqianglian Slewing Bearing Co was 64.30% per year. The lowest was 13.80% per year. And the median was 42.10% per year.


Competitive Comparison of Luoyang Xinqianglian Slewing Bearing Co's 3-Year Book Growth Rate

For the Metal Fabrication subindustry, Luoyang Xinqianglian Slewing Bearing 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.


Luoyang Xinqianglian Slewing Bearing Co's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

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

* The bar in red indicates where Luoyang Xinqianglian Slewing Bearing Co's 3-Year Book Growth Rate falls into.



Luoyang Xinqianglian Slewing Bearing 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.


Luoyang Xinqianglian Slewing Bearing Co  (SZSE:300850) 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.


Luoyang Xinqianglian Slewing Bearing Co 3-Year Book Growth Rate Related Terms

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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Traded in Other Exchanges
N/A
Address
Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800
Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Headlines

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