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Zhejiang XCC Group Co (SHSE:603667) Market Cap : ¥6,008 Mil (As of May. 28, 2024)


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What is Zhejiang XCC Group 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). Zhejiang XCC Group Co's share price for the quarter that ended in Mar. 2024 was ¥18.51. Zhejiang XCC Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 369 Mil. Therefore, Zhejiang XCC Group Co's market cap for the quarter that ended in Mar. 2024 was ¥6,822 Mil.

Zhejiang XCC Group Co's quarterly market cap increased from Sep. 2023 (¥7,116 Mil) to Dec. 2023 (¥8,625 Mil) but then declined from Dec. 2023 (¥8,625 Mil) to Mar. 2024 (¥6,822 Mil).

Zhejiang XCC Group Co's annual market cap declined from Dec. 2021 (¥5,243 Mil) to Dec. 2022 (¥4,372 Mil) but then increased from Dec. 2022 (¥4,372 Mil) to Dec. 2023 (¥8,625 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. Zhejiang XCC Group Co's Enterprise Value for Today is ¥6,534 Mil.


Zhejiang XCC Group Co Market Cap Historical Data

The historical data trend for Zhejiang XCC Group 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.

Zhejiang XCC Group Co Market Cap Chart

Zhejiang XCC Group 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 2,791.70 2,215.88 5,243.42 4,372.12 8,624.80

Zhejiang XCC Group 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 4,163.92 4,886.37 7,115.58 8,624.80 6,822.43

Competitive Comparison of Zhejiang XCC Group Co's Market Cap

For the Tools & Accessories subindustry, Zhejiang XCC Group 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.


Zhejiang XCC Group Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang XCC Group Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang XCC Group Co's Market Cap falls into.



Zhejiang XCC Group 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.

Zhejiang XCC Group 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 )
=¥23.4*368.581
=¥8,625

Zhejiang XCC Group 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 )
=¥18.51*368.581
=¥6,822

* 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.


Zhejiang XCC Group Co  (SHSE:603667) 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.


Zhejiang XCC Group Co Market Cap Related Terms

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Zhejiang XCC Group Co (SHSE:603667) Business Description

Traded in Other Exchanges
N/A
Address
No.199, Taitan Main Road, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang XCC Group Co Ltd is operating in the bearing industry. The company mainly produces high-precision, low-noise deep groove ball bearing, auto hub bearing, the precision bearing of numerical control machine, high-speed and precision bearing of thread spinner, shaft bearing and motor bearing. The company also deals with auto parts and technical equipment. Its products are mainly sold to the United States of America, Japan, Korea, Brazil and other regions.
Executives
Yu Ru Wen senior management
Wu Hong Ying senior management
Song Chao Jiang senior management
Xu Rong Bin senior management
Qin Yi senior management
Zhang Xun Lei senior management
Cui Cui Ping senior management

Zhejiang XCC Group Co (SHSE:603667) Headlines

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