ZhongAn Online P&C Insurance Co's quarterly market cap
declined
from Dec. 2022 (HK$31,601 Mil) to Jun. 2023 (HK$31,307 Mil) and
declined
from Jun. 2023 (HK$31,307 Mil) to Dec. 2023 (HK$26,221 Mil).
ZhongAn Online P&C Insurance Co's annual market cap
declined
from Dec. 2021 (HK$39,832 Mil) to Dec. 2022 (HK$31,601 Mil) and
declined
from Dec. 2022 (HK$31,601 Mil) to Dec. 2023 (HK$26,221 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. ZhongAn Online P&C Insurance Co's Enterprise Value for Today is HK$26,359 Mil.
ZhongAn Online P&C Insurance Co 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 ZhongAn Online P&C Insurance Co's Market Cap
For the Insurance - Property & Casualty subindustry, ZhongAn Online P&C Insurance Co'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.
ZhongAn Online P&C Insurance Co's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, ZhongAn Online P&C Insurance Co's Market Cap distribution charts can be found below:
* The bar in red indicates where ZhongAn Online P&C Insurance Co's Market Cap falls into.
ZhongAn Online P&C Insurance Co 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.
* 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.
ZhongAn Online P&C Insurance Co (HKSE:06060) 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.
ZhongAn Online P&C Insurance Co Market Cap Related Terms
Thank you for viewing the detailed overview of ZhongAn Online P&C Insurance Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
ZhongAn Online P&C Insurance Co (HKSE:06060) Business Description
ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013 and is headquartered in Shanghai. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating system, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual bank ZA Bank, offers similar services as traditional offline banks but without an offline presence.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:06060 has been successfully added to your 