Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Huishang Bank's share price for the quarter that ended in Dec. 2023 was HK$2.37. Huishang Bank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 13,890 Mil. Therefore, Huishang Bank's market cap for the quarter that ended in Dec. 2023 was HK$32,919 Mil.
Huishang Bank's quarterly market cap
declined
from Dec. 2022 (HK$34,447 Mil) to Jun. 2023 (HK$34,308 Mil) and
declined
from Jun. 2023 (HK$34,308 Mil) to Dec. 2023 (HK$32,919 Mil).
Huishang Bank's annual market cap
declined
from Dec. 2021 (HK$36,252 Mil) to Dec. 2022 (HK$34,447 Mil) and
declined
from Dec. 2022 (HK$34,447 Mil) to Dec. 2023 (HK$32,919 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. Huishang Bank's Enterprise Value for Today is HK$74,577 Mil.
Huishang Bank Market Cap Historical Data
The historical data trend for Huishang Bank's Market Cap 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.
Competitive Comparison of Huishang Bank's Market Cap
For the Banks - Regional subindustry, Huishang Bank'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.
Huishang Bank's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Huishang Bank's Market Cap distribution charts can be found below:
* The bar in red indicates where Huishang Bank's Market Cap falls into.
Huishang Bank 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.
Huishang Bank'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.
Huishang Bank (HKSE:03698) 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.
Huishang Bank Market Cap Related Terms
Thank you for viewing the detailed overview of Huishang Bank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Huishang Bank Corp Ltd is a regional commercial bank in China. The company operates through four main business segments: corporate banking, retail banking, treasury, and others. The corporate banking segment provides financial services to corporate customers, government authorities, and financial institutions, such as current accounts, deposits, overdrafts, loans, and wealth management products. The retail banking segment provides services to retail customers, such as savings deposits, personal loans, and advances. The treasury segment provides securities investment and money market and repurchase transactions. The other segment includes investment holding and other miscellaneous activities. The company operates in China and earns the majority of its revenue in the Anhui Province.
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