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Hicon Network Technology (Shandong) Co (SZSE:301262) Book Value per Share : ¥8.49 (As of Mar. 2024)


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What is Hicon Network Technology (Shandong) Co Book Value per Share?

Hicon Network Technology (Shandong) Co's book value per share for the quarter that ended in Mar. 2024 was ¥8.49.

During the past 12 months, Hicon Network Technology (Shandong) Co's average Book Value Per Share Growth Rate was 53.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.00% 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 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Hicon Network Technology (Shandong) Co was 36.80% per year. The lowest was 18.40% per year. And the median was 22.05% per year.

Hicon Network Technology (Shandong) Co's current price is ¥26.25. Its book value per share for the quarter that ended in Mar. 2024 was ¥8.49. Hence, today's PB Ratio of Hicon Network Technology (Shandong) Co is 3.09.

During the past 7 years, the highest P/B Ratio of Hicon Network Technology (Shandong) Co was 5.75. The lowest was 2.85. And the median was 3.41.

Good Sign:

Hicon Network Technology (Shandong) Co Ltd stock PB Ratio (=3.08) is close to 1-year low of 2.85


Hicon Network Technology (Shandong) Co Book Value per Share Historical Data

The historical data trend for Hicon Network Technology (Shandong) Co'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.

Hicon Network Technology (Shandong) Co Book Value per Share Chart

Hicon Network Technology (Shandong) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 3.46 4.23 4.77 5.87 8.22

Hicon Network Technology (Shandong) Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.54 8.56 8.78 8.22 8.49

Competitive Comparison of Hicon Network Technology (Shandong) Co's Book Value per Share

For the Broadcasting subindustry, Hicon Network Technology (Shandong) Co'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.


Hicon Network Technology (Shandong) Co's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hicon Network Technology (Shandong) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hicon Network Technology (Shandong) Co's PB Ratio falls into.



Hicon Network Technology (Shandong) Co Book Value per Share Calculation

Hicon Network Technology (Shandong) Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,429.5-0.0)/417.0
=8.22

Hicon Network Technology (Shandong) Co's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,538.4-0.0)/417.0
=8.49

* 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.


Hicon Network Technology (Shandong) Co  (SZSE:301262) 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.


Hicon Network Technology (Shandong) Co Book Value per Share Related Terms

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Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description

Traded in Other Exchanges
N/A
Address
No. 18567, Jingshi Road, 6th Floor, New Radio and Television Center Building, Shandong Province, Jinan, CHN, 250062
Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control.

Hicon Network Technology (Shandong) Co (SZSE:301262) Headlines

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