Suzhou Jinhong Gas Co Ltd
SSE:688106
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (3), the stock would be worth ¥19.59 (49% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.9 | ¥38.45 |
0%
|
| 3-Year Average | 3 | ¥19.59 |
-49%
|
| 5-Year Average | 3.5 | ¥22.65 |
-41%
|
| Industry Average | 2.5 | ¥15.85 |
-59%
|
| Country Average | 2.4 | ¥15.84 |
-59%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
S
|
Suzhou Jinhong Gas Co Ltd
SSE:688106
|
18.5B CNY | 5.9 | 173.6 | |
| UK |
L
|
Linde PLC
XETRA:LIN
|
202.5B EUR | 6.1 | 34 | |
| FR |
|
L'Air Liquide Societe Anonyme pour l'Etude et l'Exploitation des Procedes Georges Claude SA
PAR:AI
|
108.4B EUR | 4 | 29.6 | |
| US |
|
Air Products and Chemicals Inc
NYSE:APD
|
67.3B USD | 4.4 | -201.8 | |
| JP |
|
Nippon Sanso Holdings Corp
TSE:4091
|
2.5T JPY | 2.1 | 21.5 | |
| IN |
|
Linde India Ltd
NSE:LINDEINDIA
|
617.6B INR | 15.5 | 105.1 | |
| IT |
|
SOL SpA
MIL:SOL
|
5.4B EUR | 4.8 | 32.6 | |
| CN |
P
|
Peric Special Gases Co Ltd
SSE:688146
|
37.8B CNY | 6.7 | 119.8 | |
| CN |
|
Hangzhou Oxygen Plant Group Co Ltd
SZSE:002430
|
30.6B CNY | 3.1 | 32.3 | |
| JP |
|
Air Water Inc
TSE:4088
|
518B JPY | 1.2 | 66.9 | |
| CN |
G
|
Guangdong Huate Gas Co Ltd
SSE:688268
|
21.8B CNY | 10.9 | 118.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Suzhou Jinhong Gas Co Ltd
Glance View
Nestled in the heart of China's industrial belt, Suzhou Jinhong Gas Co Ltd stands as a pivotal player in the specialty gas sector, quietly yet powerfully fueling a broad spectrum of industries. Established as more than just a supplier of industrial gases, Jinhong Gas has carefully crafted an ecosystem of production, distribution, and technological innovation. The company sources its raw materials—air and natural gas—with precision engineering, creating a variety of gases like oxygen, nitrogen, and argon, essential to countless manufacturing processes. Thanks to an expansive network of production facilities and storage depots strategically dotted across key industrial zones, Jinhong Gas ensures timely delivery to its clients, thereby embedding reliability into its very business model. Jinhong Gas primarily makes money by selling specialty gases that are indispensable to industries like healthcare, electronics, and automotive manufacturing. These sectors rely on ultra-pure gases to maintain quality and safety standards, and Jinhong Gas consistently meets these expectations, building robust, long-term client relationships. By investing heavily in research and development, the company has also capitalized on emerging trends such as renewable energy and environmental sustainability. This approach not only diversifies its revenue streams but also fortifies its role as a leader in fostering greener industrial practices. The company's strategic foresight and operational excellence allow it to derive financial strength from an otherwise invisible product, underpinning modern industry with the very breath of progress.