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Shanghai Chinafortune Co (SHSE:600621) Market Cap : ¥13,983 Mil (As of May. 23, 2024)


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What is Shanghai Chinafortune Co Market Cap?

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). Shanghai Chinafortune Co's share price for the quarter that ended in Mar. 2024 was ¥14.16. Shanghai Chinafortune Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,061 Mil. Therefore, Shanghai Chinafortune Co's market cap for the quarter that ended in Mar. 2024 was ¥15,022 Mil.

Shanghai Chinafortune Co's quarterly market cap increased from Sep. 2023 (¥12,179 Mil) to Dec. 2023 (¥14,927 Mil) and increased from Dec. 2023 (¥14,927 Mil) to Mar. 2024 (¥15,022 Mil).

Shanghai Chinafortune Co's annual market cap declined from Dec. 2021 (¥14,683 Mil) to Dec. 2022 (¥10,959 Mil) but then increased from Dec. 2022 (¥10,959 Mil) to Dec. 2023 (¥14,927 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. Shanghai Chinafortune Co's Enterprise Value for Today is ¥2,514 Mil.


Shanghai Chinafortune Co Market Cap Historical Data

The historical data trend for Shanghai Chinafortune Co'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.

* Premium members only.

Shanghai Chinafortune Co Market Cap Chart

Shanghai Chinafortune Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,242.38 24,156.69 14,682.86 10,959.10 14,926.86

Shanghai Chinafortune Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,285.22 11,277.37 12,179.13 14,926.86 15,022.34

Competitive Comparison of Shanghai Chinafortune Co's Market Cap

For the Financial Conglomerates subindustry, Shanghai Chinafortune 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.


Shanghai Chinafortune Co's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Shanghai Chinafortune Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Shanghai Chinafortune Co's Market Cap falls into.



Shanghai Chinafortune 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.

Shanghai Chinafortune Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=¥14.07*1060.9
=¥14,927

Shanghai Chinafortune Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=¥14.16*1060.9
=¥15,022

* 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.


Shanghai Chinafortune Co  (SHSE:600621) 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 company’s 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.


Shanghai Chinafortune Co Market Cap Related Terms

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Shanghai Chinafortune Co (SHSE:600621) Business Description

Traded in Other Exchanges
N/A
Address
1000 Jinhai Road, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200030
Shanghai Chinafortune Co Ltd is engaged in provision of financial business. Through its subsidiary, the company provides securities trading, equity investments, financial leasing, private equity, venture capital, and financial technology.

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