Haichang Ocean Park Holdings (HKSE:02255) Price-to-Tangible-Book : 2.51 (As of May. 21, 2024)

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What is Haichang Ocean Park Holdings Price-to-Tangible-Book?

As of today (2024-05-21), Haichang Ocean Park Holdings's share price is HK$0.81. Haichang Ocean Park Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.32. Hence, Haichang Ocean Park Holdings's Price to Tangible Book Ratio of today is 2.51.

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

HKSE:02255' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 1.45 Max: 4.46
Current: 2.53

During the past 12 years, Haichang Ocean Park Holdings's highest Price to Tangible Book Ratio was 4.46. The lowest was 0.53. And the median was 1.45.

HKSE:02255's Price-to-Tangible-Book is ranked worse than
60.27% of 667 companies
in the Travel & Leisure industry
Industry Median: 1.87 vs HKSE:02255: 2.53

A closely related ratio is called PB Ratio. As of today, Haichang Ocean Park Holdings's share price is HK$0.81. Haichang Ocean Park Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.33. Hence, Haichang Ocean Park Holdings's P/B Ratio of today is 2.48.

Haichang Ocean Park Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Haichang Ocean Park Holdings'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.

Haichang Ocean Park Holdings Price-to-Tangible-Book Chart

Haichang Ocean Park Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.82

0.53

2.77

4.46

2.94

Haichang Ocean Park Holdings 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															2.77	7.94	4.46	3.57	2.94

Competitive Comparison of Haichang Ocean Park Holdings's Price-to-Tangible-Book

For the Leisure subindustry, Haichang Ocean Park Holdings'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.

Haichang Ocean Park Holdings's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haichang Ocean Park Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Haichang Ocean Park Holdings's Price-to-Tangible-Book falls into.

Haichang Ocean Park Holdings Price-to-Tangible-Book Calculation

Haichang Ocean Park Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.81	/	0.323
	=	2.51

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.

Haichang Ocean Park Holdings Price-to-Tangible-Book Related Terms

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Haichang Ocean Park Holdings (HKSE:02255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Haichang Ocean Park Holdings Ltd (HKSE:02255) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Phase 1, No. 4, Lane 255 Dongyu Road, 31st Floor, Building A, Foreshore Beach World Trade Centre, Pudong New District, Shanghai, CHN, 200123

Website

https://www.haichangoceanpark.com

Haichang Ocean Park Holdings Ltd is a leisure company focused on theme parks. The company operates several theme parks in China with ocean, adventure, and water themes. In addition to theme parks, Haichang owns ancillary commercial properties adjacent to its theme parks that offer complementary services. The company's theme parks and surrounding properties provide rides, sightseeing, entertainment, dining, and shopping. Ocean-themed parks, the style in which Haichang themes most of its parks, focus on marine animal breeding and conservation. Its segments include Park Operations, Operation as a service, and Property Development. Nearly all of its revenues come from Mainland China.

Haichang Ocean Park Holdings (HKSE:02255) Headlines

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