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OKE Precision Cutting Tools Co (SHSE:688308) Market Cap : ¥3,890 Mil (As of May. 28, 2024)


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What is OKE Precision Cutting Tools 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). OKE Precision Cutting Tools Co's share price for the quarter that ended in Mar. 2024 was ¥19.63. OKE Precision Cutting Tools Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 159 Mil. Therefore, OKE Precision Cutting Tools Co's market cap for the quarter that ended in Mar. 2024 was ¥3,117 Mil.

OKE Precision Cutting Tools Co's quarterly market cap declined from Sep. 2023 (¥5,427 Mil) to Dec. 2023 (¥4,430 Mil) and declined from Dec. 2023 (¥4,430 Mil) to Mar. 2024 (¥3,117 Mil).

OKE Precision Cutting Tools Co's annual market cap increased from Dec. 2021 (¥7,068 Mil) to Dec. 2022 (¥8,503 Mil) but then declined from Dec. 2022 (¥8,503 Mil) to Dec. 2023 (¥4,430 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. OKE Precision Cutting Tools Co's Enterprise Value for Today is ¥3,620 Mil.


OKE Precision Cutting Tools Co Market Cap Historical Data

The historical data trend for OKE Precision Cutting Tools 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.

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OKE Precision Cutting Tools Co Market Cap Chart

OKE Precision Cutting Tools Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 2,723.99 7,068.00 8,502.54 4,430.02

OKE Precision Cutting Tools 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 7,809.95 6,344.32 5,427.17 4,430.02 3,116.89

Competitive Comparison of OKE Precision Cutting Tools Co's Market Cap

For the Tools & Accessories subindustry, OKE Precision Cutting Tools 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.


OKE Precision Cutting Tools Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKE Precision Cutting Tools Co's Market Cap distribution charts can be found below:

* The bar in red indicates where OKE Precision Cutting Tools Co's Market Cap falls into.



OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools 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 )
=¥27.9*158.782
=¥4,430

OKE Precision Cutting Tools 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 )
=¥19.63*158.782
=¥3,117

* 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.


OKE Precision Cutting Tools Co  (SHSE:688308) 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.


OKE Precision Cutting Tools Co Market Cap Related Terms

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OKE Precision Cutting Tools Co (SHSE:688308) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Chuangye 4th Road, Small and Medium Enterprise Pioneer Park, Hunan Province. Lusong District, Yanling County, Zhuzhou, CHN, 412500
OKE Precision Cutting Tools Co Ltd is involved in the research and development, production and sales of cemented carbide products and CNC tool products. It offers CNC tool, carbide serrated blade, carbide disc and other cemented and carbide products.
Executives
Tan Wen Qing Director
Su Zhen Hua Director
Liang Bao Yu Director
Han Hong Tao Director
Yuan Mei He Director

OKE Precision Cutting Tools Co (SHSE:688308) Headlines

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