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Huaqin Technology Co (SHSE:603296) Price-to-Tangible-Book : 2.67 (As of May. 09, 2024)


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What is Huaqin Technology Co Price-to-Tangible-Book?

As of today (2024-05-09), Huaqin Technology Co's share price is ¥73.68. Huaqin Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥27.62. Hence, Huaqin Technology Co's Price to Tangible Book Ratio of today is 2.67.

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

SHSE:603296' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.63   Med: 2.94   Max: 2.99
Current: 2.67

During the past 13 years, Huaqin Technology Co's highest Price to Tangible Book Ratio was 2.99. The lowest was 2.63. And the median was 2.94.

SHSE:603296's Price-to-Tangible-Book is ranked worse than
62.08% of 2305 companies
in the Hardware industry
Industry Median: 2.09 vs SHSE:603296: 2.67

A closely related ratio is called PB Ratio. As of today, Huaqin Technology Co's share price is ¥73.68. Huaqin Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥29.38. Hence, Huaqin Technology Co's P/B Ratio of today is 2.51.


Huaqin Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Huaqin Technology 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.

Huaqin Technology Co Price-to-Tangible-Book Chart

Huaqin Technology Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.94

Huaqin Technology Co Quarterly Data
Dec11 Mar12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 - - 2.71 2.94 2.99

Competitive Comparison of Huaqin Technology Co's Price-to-Tangible-Book

For the Consumer Electronics subindustry, Huaqin Technology 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.


Huaqin Technology Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huaqin Technology Co's Price-to-Tangible-Book distribution charts can be found below:

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



Huaqin Technology Co Price-to-Tangible-Book Calculation

Huaqin Technology Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=73.68/27.623
=2.67

* 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.

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

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.


Huaqin Technology Co Price-to-Tangible-Book Related Terms

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


Huaqin Technology Co (SHSE:603296) Business Description

Traded in Other Exchanges
N/A
Address
Building 1, No. 399 Keyuan Road, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201203
Huaqin Technology Co Ltd is engaged in the research & development, design, manufacturing and operation of intelligent hardware products. The company provides global technology brand customers with end-to-end services at product level, system level, software and hardware research and development, and operation and manufacturing.

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