WebRAY Tech (Beijing) Co's quarterly market cap
declined
from Sep. 2023 (¥3,897.4 Mil) to Dec. 2023 (¥3,548.3 Mil) and
declined
from Dec. 2023 (¥3,548.3 Mil) to Mar. 2024 (¥2,519.8 Mil).
WebRAY Tech (Beijing) Co's annual market cap
stayed the same
from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥0.0 Mil) but then
increased
from Dec. 2022 (¥0.0 Mil) to Dec. 2023 (¥3,548.3 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. WebRAY Tech (Beijing) Co's Enterprise Value for Today is ¥1,344.0 Mil.
WebRAY Tech (Beijing) Co Market Cap Historical Data
* 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.
Competitive Comparison of WebRAY Tech (Beijing) Co's Market Cap
For the Software - Infrastructure subindustry, WebRAY Tech (Beijing) 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.
WebRAY Tech (Beijing) Co's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, WebRAY Tech (Beijing) Co's Market Cap distribution charts can be found below:
* The bar in red indicates where WebRAY Tech (Beijing) Co's Market Cap falls into.
WebRAY Tech (Beijing) 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.
WebRAY Tech (Beijing) Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
WebRAY Tech (Beijing) Co (SHSE:688651) 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 companys 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.
WebRAY Tech (Beijing) Co Market Cap Related Terms
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WebRAY Tech (Beijing) Co (SHSE:688651) Business Description
WebRAY Tech (Beijing) Co Ltd is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services.
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