Planet Net Tangible Assets from 2010 to 2026

PLAG Stock  USD 3.39  0.50  12.85%   
Planet Green's Net Tangible Assets are decreasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 21 M. Net Tangible Assets is the total assets of Planet Green Holdings minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
31.8 M
Current Value
18.7 M
Quarterly Volatility
78.7 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Planet Green financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Green's main balance sheet or income statement drivers, such as Interest Expense of 60.3 K, Selling General Administrative of 9.6 M or Other Operating Expenses of 11.5 M, as well as many indicators such as Price To Sales Ratio of 3.67, Dividend Yield of 0.18 or PTB Ratio of 1.53. Planet financial statements analysis is a perfect complement when working with Planet Green Valuation or Volatility modules.
  
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Check out the analysis of Planet Green Correlation against competitors.
The Net Tangible Assets trend for Planet Green Holdings offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Planet Green is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Planet Green's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Planet Green Holdings over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Planet Green's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Green's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Planet Net Tangible Assets Regression Statistics

Arithmetic Mean71,872,743
Coefficient Of Variation103.86
Mean Deviation67,943,401
Median24,526,297
Standard Deviation74,644,984
Sample Variance5571.9T
Range202.9M
R-Value(0.78)
Mean Square Error2298.8T
R-Squared0.61
Significance0.0002
Slope(11,575,409)
Total Sum of Squares89150T

Planet Net Tangible Assets History

202621 M
202522.1 M
202124.5 M
202014.5 M
201919.2 M
20188.3 M
2017-16.2 M

About Planet Green Financial Statements

Planet Green stakeholders use historical fundamental indicators, such as Planet Green's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Planet Green investors may analyze each financial statement separately, they are all interrelated. For example, changes in Planet Green's assets and liabilities are reflected in the revenues and expenses on Planet Green's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Planet Green Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets22.1 M21 M

Currently Active Assets on Macroaxis

When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Planet Green's future performance. For an informed investment choice regarding Planet Stock, refer to the following important reports:
Check out the analysis of Planet Green Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Can Packaged Foods & Meats industry sustain growth momentum? Does Planet have expansion opportunities? Factors like these will boost the valuation of Planet Green. Anticipated expansion of Planet directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Planet Green demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(1.26)
Revenue Per Share
0.755
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.22)
Return On Equity
(1.41)
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Planet Green's market value can be influenced by many factors that don't directly affect Planet Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Planet Green's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Planet Green should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Planet Green's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.