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ADD Industry (Zhejiang) (SHSE:603089) Market Cap : ¥2,063 Mil (As of Jun. 02, 2024)


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What is ADD Industry (Zhejiang) 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). ADD Industry (Zhejiang)'s share price for the quarter that ended in Mar. 2024 was ¥9.89. ADD Industry (Zhejiang)'s Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 224 Mil. Therefore, ADD Industry (Zhejiang)'s market cap for the quarter that ended in Mar. 2024 was ¥2,213 Mil.

ADD Industry (Zhejiang)'s quarterly market cap increased from Sep. 2023 (¥2,172 Mil) to Dec. 2023 (¥2,568 Mil) but then declined from Dec. 2023 (¥2,568 Mil) to Mar. 2024 (¥2,213 Mil).

ADD Industry (Zhejiang)'s annual market cap declined from Dec. 2021 (¥2,071 Mil) to Dec. 2022 (¥1,838 Mil) but then increased from Dec. 2022 (¥1,838 Mil) to Dec. 2023 (¥2,568 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. ADD Industry (Zhejiang)'s Enterprise Value for Today is ¥2,752 Mil.


ADD Industry (Zhejiang) Market Cap Historical Data

The historical data trend for ADD Industry (Zhejiang)'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.

ADD Industry (Zhejiang) Market Cap Chart

ADD Industry (Zhejiang) 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 2,211.27 2,529.56 2,071.48 1,837.86 2,568.27

ADD Industry (Zhejiang) 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 2,067.03 1,978.03 2,172.29 2,568.27 2,212.56

Competitive Comparison of ADD Industry (Zhejiang)'s Market Cap

For the Auto Parts subindustry, ADD Industry (Zhejiang)'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.


ADD Industry (Zhejiang)'s Market Cap Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s Market Cap distribution charts can be found below:

* The bar in red indicates where ADD Industry (Zhejiang)'s Market Cap falls into.



ADD Industry (Zhejiang) 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.

ADD Industry (Zhejiang)'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 )
=¥11.48*223.717
=¥2,568

ADD Industry (Zhejiang)'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 )
=¥9.89*223.717
=¥2,213

* 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.


ADD Industry (Zhejiang)  (SHSE:603089) 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.


ADD Industry (Zhejiang) Market Cap Related Terms

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ADD Industry (Zhejiang) (SHSE:603089) Business Description

Traded in Other Exchanges
N/A
Address
38-88 shuanggang road, Zhejiang Province, Yuhuan County, CHN, 317600
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
Executives
Zheng Lian Ping Director
Liu Yong Director
Ye Wei Ming Supervisors
Chen Ling Hui Directors, senior managers
Zheng Nian Hui Director

ADD Industry (Zhejiang) (SHSE:603089) Headlines

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