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Hing Ming Holdings (HKSE:08425) Book Value per Share : HK$0.32 (As of Sep. 2023)


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What is Hing Ming Holdings Book Value per Share?

Hing Ming Holdings's book value per share for the quarter that ended in Sep. 2023 was HK$0.32.

During the past 12 months, Hing Ming Holdings's average Book Value Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% 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 book value growth rate using book value per share data.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Hing Ming Holdings was 86.00% per year. The lowest was 0.70% per year. And the median was 5.10% per year.

Hing Ming Holdings's current price is HK$0.068. Its book value per share for the quarter that ended in Sep. 2023 was HK$0.32. Hence, today's PB Ratio of Hing Ming Holdings is 0.21.

During the past 9 years, the highest P/B Ratio of Hing Ming Holdings was 9.16. The lowest was 0.21. And the median was 3.35.


Hing Ming Holdings Book Value per Share Historical Data

The historical data trend for Hing Ming Holdings's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hing Ming Holdings Book Value per Share Chart

Hing Ming Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only 0.30 0.30 0.31 0.30 0.31

Hing Ming Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 - 0.31 - 0.32

Competitive Comparison of Hing Ming Holdings's Book Value per Share

For the Rental & Leasing Services subindustry, Hing Ming Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Hing Ming Holdings's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hing Ming Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hing Ming Holdings's PB Ratio falls into.



Hing Ming Holdings Book Value per Share Calculation

Hing Ming Holdings's Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(117.5-0.0)/376.0
=0.31

Hing Ming Holdings's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(121.2-0.0)/376.0
=0.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Hing Ming Holdings  (HKSE:08425) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Hing Ming Holdings Book Value per Share Related Terms

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Hing Ming Holdings (HKSE:08425) Business Description

Traded in Other Exchanges
N/A
Address
83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG
Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope and the only operating segment of the Group is rental and related services and trading of equipment and spare parts.
Executives
Leong Cho Mui 2106 Person having a security interest in shares
Hing Gut Limited 2101 Beneficial owner
Au Fung Yee 2202 Interest of your spouse
Tang Hing Keung 2201 Interest of corporation controlled by you
Lee Yu Leung 2101 Beneficial owner
Woo Lan Ying 2101 Beneficial owner
Lu Zhaoqing
Yang Gang

Hing Ming Holdings (HKSE:08425) Headlines

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