Huaxi Holdings Co (HKSE:01689) Price-to-Tangible-Book : 1.86 (As of May. 13, 2024)

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What is Huaxi Holdings Co Price-to-Tangible-Book?

As of today (2024-05-13), Huaxi Holdings Co's share price is HK$0.84. Huaxi Holdings Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.45. Hence, Huaxi Holdings Co's Price to Tangible Book Ratio of today is 1.86.

The historical rank and industry rank for Huaxi Holdings Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01689' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.87 Med: 3.28 Max: 4.92
Current: 1.87

During the past 11 years, Huaxi Holdings Co's highest Price to Tangible Book Ratio was 4.92. The lowest was 1.87. And the median was 3.28.

HKSE:01689's Price-to-Tangible-Book is ranked worse than
64.23% of 355 companies
in the Packaging & Containers industry
Industry Median: 1.38 vs HKSE:01689: 1.87

A closely related ratio is called PB Ratio. As of today, Huaxi Holdings Co's share price is HK$0.84. Huaxi Holdings Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.46. Hence, Huaxi Holdings Co's P/B Ratio of today is 1.83.

Huaxi Holdings Co Price-to-Tangible-Book Historical Data

The historical data trend for Huaxi Holdings Co'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.

Huaxi Holdings Co Price-to-Tangible-Book Chart

Huaxi Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.29

3.62

3.29

2.94

2.74

Huaxi Holdings Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.29	2.37	2.94	2.66	2.74

Competitive Comparison of Huaxi Holdings Co's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Huaxi Holdings Co'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.

Huaxi Holdings Co's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huaxi Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Huaxi Holdings Co's Price-to-Tangible-Book falls into.

Huaxi Holdings Co Price-to-Tangible-Book Calculation

Huaxi Holdings Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.84	/	0.452
	=	1.86

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.

Huaxi Holdings Co Price-to-Tangible-Book Related Terms

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

Huaxi Holdings Co (HKSE:01689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huaxi Holdings Co Ltd (HKSE:01689) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Wanji North Street, Wanji Industrial District, Guangdong Province, Shantou, CHN

Website

https://www.huaxihds.com.hk

Huaxi Holdings Co Ltd is an investment holding company principally engaged in the manufacture and sale of packaging materials for a cigarette in China. It has two reportable segments: Cigarette Packaging Business and Environmental Treatment Business. The products of the group include tipping papers, inner frame aluminum papers, inner laser paper, cigarette box frame paper, and cigarette trademark labels. Geographically all the activities functioned through China, and generate a vast majority of its revenues from the cigarette packaging business.

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