G Bits Network Technology Stock Book Value Per Share

603444 Stock   198.51  9.12  4.39%   
G bits Network Technology fundamentals help investors to digest information that contributes to G Bits' financial success or failures. It also enables traders to predict the movement of 603444 Stock. The fundamental analysis module provides a way to measure G Bits' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to G Bits stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

G bits Network Technology Company Book Value Per Share Analysis

G Bits' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current G Bits Book Value Per Share

    
  65.52 X  
Most of G Bits' fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, G bits Network Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

603444 Common Stock Shares Outstanding

Common Stock Shares Outstanding

79.07 Million

At present, G Bits' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, the book value per share of G bits Network Technology is about 65 times. This is 84.81% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The book value per share for all China stocks is 96.61% higher than that of the company.

603444 Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses G Bits' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of G Bits could also be used in its relative valuation, which is a method of valuing G Bits by comparing valuation metrics of similar companies.
G Bits is currently under evaluation in book value per share category among its peers.

603444 Fundamentals

About G Bits Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze G bits Network Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of G Bits using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of G bits Network Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in 603444 Stock

G Bits financial ratios help investors to determine whether 603444 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 603444 with respect to the benefits of owning G Bits security.