Huazhang Technology Holding (HKSE:01673) Price-to-Tangible-Book : 1.35 (As of May. 21, 2024)

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What is Huazhang Technology Holding Price-to-Tangible-Book?

As of today (2024-05-21), Huazhang Technology Holding's share price is HK$0.30. Huazhang Technology Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.22. Hence, Huazhang Technology Holding's Price to Tangible Book Ratio of today is 1.35.

The historical rank and industry rank for Huazhang Technology Holding's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01673' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.01 Med: 3.9 Max: 7.65
Current: 1.46

During the past 12 years, Huazhang Technology Holding's highest Price to Tangible Book Ratio was 7.65. The lowest was 1.01. And the median was 3.90.

HKSE:01673's Price-to-Tangible-Book is ranked better than
71.06% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs HKSE:01673: 1.46

A closely related ratio is called PB Ratio. As of today, Huazhang Technology Holding's share price is HK$0.30. Huazhang Technology Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.32. Hence, Huazhang Technology Holding's P/B Ratio of today is 0.93.

Huazhang Technology Holding Price-to-Tangible-Book Historical Data

The historical data trend for Huazhang Technology Holding's Price-to-Tangible-Book 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.

Huazhang Technology Holding Price-to-Tangible-Book Chart

Huazhang Technology Holding Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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4.47

3.80

1.83

1.52

1.55

Huazhang Technology Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.01	1.52	1.43	1.55	1.57

Competitive Comparison of Huazhang Technology Holding's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Huazhang Technology Holding's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Huazhang Technology Holding's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Huazhang Technology Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Huazhang Technology Holding's Price-to-Tangible-Book falls into.

Huazhang Technology Holding Price-to-Tangible-Book Calculation

Huazhang Technology Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.30	/	0.223
	=	1.35

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Huazhang Technology Holding Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Huazhang Technology Holding's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Huazhang Technology Holding (HKSE:01673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huazhang Technology Holding Ltd (HKSE:01673) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99 Xiangyuan Road, Room 1101, Block 2, Canal Advertising Industry Building, Gongshu District , Zhejiang Province, Hangzhou, CHN

Website

http://www.hzeg.com

Huazhang Technology Holding Ltd is principally engaged in the research, development, manufacture, and sale of paper-making products in the People's Republic of China. The company operates through four segments. Its Industrial products segment includes paper-making-related production machines. The Project contracting services segment is a key revenue driver, which consists of system integration of complete-set paper-making equipment. Its Environmental products segment provides complete treatment for wastewater, sludge, solid waste and others. The company's Supporting services segment relates to the after-sale and maintenance services, the sale of paper-making equipment parts, and other services. It generates maximum revenue from Industrial products segment.

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