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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Market Cap : ¥9,378 Mil (As of Jun. 01, 2024)


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What is Solax Power Network Technology (Zhejiang) 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). Solax Power Network Technology (Zhejiang) Co's share price for the quarter that ended in Mar. 2024 was ¥78.36. Solax Power Network Technology (Zhejiang) Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 160 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's market cap for the quarter that ended in Mar. 2024 was ¥12,538 Mil.

Solax Power Network Technology (Zhejiang) Co's quarterly market cap stayed the same from Sep. 2023 (¥0 Mil) to Dec. 2023 (¥0 Mil) but then increased from Dec. 2023 (¥0 Mil) to Mar. 2024 (¥12,538 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. Solax Power Network Technology (Zhejiang) Co's Enterprise Value for Today is ¥6,272 Mil.


Solax Power Network Technology (Zhejiang) Co Market Cap Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co Market Cap Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - - - -

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 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 - - - - 12,537.60

Competitive Comparison of Solax Power Network Technology (Zhejiang) Co's Market Cap

For the Solar subindustry, Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co's Market Cap Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's Market Cap falls into.



Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) 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 )
=¥0*160
=¥0

Solax Power Network Technology (Zhejiang) 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 )
=¥78.36*160
=¥12,538

* 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.


Solax Power Network Technology (Zhejiang) Co  (SHSE:688717) 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.


Solax Power Network Technology (Zhejiang) Co Market Cap Related Terms

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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Headlines

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