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Sumec (SHSE:600710) Market Cap : ¥11,094 Mil (As of Jun. 01, 2024)


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What is Sumec 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). Sumec's share price for the quarter that ended in Mar. 2024 was ¥7.95. Sumec's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,307 Mil. Therefore, Sumec's market cap for the quarter that ended in Mar. 2024 was ¥10,389 Mil.

Sumec's quarterly market cap declined from Sep. 2023 (¥9,735 Mil) to Dec. 2023 (¥9,265 Mil) but then increased from Dec. 2023 (¥9,265 Mil) to Mar. 2024 (¥10,389 Mil).

Sumec's annual market cap declined from Dec. 2021 (¥8,546 Mil) to Dec. 2022 (¥7,684 Mil) but then increased from Dec. 2022 (¥7,684 Mil) to Dec. 2023 (¥9,265 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. Sumec's Enterprise Value for Today is ¥7,233 Mil.


Sumec Market Cap Historical Data

The historical data trend for Sumec'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.

Sumec Market Cap Chart

Sumec 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 7,252.46 7,317.80 8,546.15 7,683.69 9,264.86

Sumec 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 8,428.54 11,185.78 9,735.29 9,264.86 10,388.66

Competitive Comparison of Sumec's Market Cap

For the Farm & Heavy Construction Machinery subindustry, Sumec'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.


Sumec's Market Cap Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sumec's Market Cap distribution charts can be found below:

* The bar in red indicates where Sumec's Market Cap falls into.



Sumec 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.

Sumec'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 )
=¥7.09*1306.75
=¥9,265

Sumec'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 )
=¥7.95*1306.75
=¥10,389

* 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.


Sumec  (SHSE:600710) 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.


Sumec Market Cap Related Terms

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Sumec (SHSE:600710) Business Description

Traded in Other Exchanges
N/A
Address
Changjiang Road, SUMEC Building, No. 198, Xuanwu District, Nanjing, CHN, 210018
Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.
Executives
Zhao Jian Guo senior management
Cai Ji Bo Director
Yang Guo Feng Supervisors
Peng Yuan Pu senior management
Jin Yong Chuan senior management
Yang Yong Qing Director
Gu Jian Su senior management
Chen Wei senior management
Wu Jian Ping Supervisors
Wang Wei Yan Director
Zou Jian Mao senior management
Jin Rong Hua Supervisors

Sumec (SHSE:600710) Headlines

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