CRCC High-Tech Equipment's quarterly market cap
increased
from Dec. 2022 (HK$1,018 Mil) to Jun. 2023 (HK$1,110 Mil) but then
declined
from Jun. 2023 (HK$1,110 Mil) to Dec. 2023 (HK$988 Mil).
CRCC High-Tech Equipment's annual market cap
declined
from Dec. 2021 (HK$1,413 Mil) to Dec. 2022 (HK$1,018 Mil) and
declined
from Dec. 2022 (HK$1,018 Mil) to Dec. 2023 (HK$988 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. CRCC High-Tech Equipment's Enterprise Value for Today is HK$-452 Mil.
CRCC High-Tech Equipment Market Cap Historical Data
* 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.
Competitive Comparison of CRCC High-Tech Equipment's Market Cap
For the Railroads subindustry, CRCC High-Tech Equipment's Market Cap, along with its competitors' market caps and Market Cap 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.
CRCC High-Tech Equipment's Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, CRCC High-Tech Equipment's Market Cap distribution charts can be found below:
* The bar in red indicates where CRCC High-Tech Equipment's Market Cap falls into.
CRCC High-Tech Equipment Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
CRCC High-Tech Equipment's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
CRCC High-Tech Equipment (HKSE:01786) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
CRCC High-Tech Equipment Market Cap Related Terms
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CRCC High-Tech Equipment (HKSE:01786) Business Description
CRCC High-Tech Equipment Corporation Ltd is engaged in the manufacture of products in the large-scale railway track maintenance machinery industry and the provision of related services. Its revenues are generated from manufacturing and sales of machines, parts, components sales and services, overhaul services, and railway line maintenance services. Geographically, the majority of its revenue derives from China.
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