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). Huagong Tech Co's share price for the quarter that ended in Mar. 2024 was ¥33.8. Huagong Tech Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,006 Mil. Therefore, Huagong Tech Co's market cap for the quarter that ended in Mar. 2024 was ¥33,986 Mil.
Huagong Tech Co's quarterly market cap
declined
from Sep. 2023 (¥33,855 Mil) to Dec. 2023 (¥29,924 Mil) but then
increased
from Dec. 2023 (¥29,924 Mil) to Mar. 2024 (¥33,986 Mil).
Huagong Tech Co's annual market cap
declined
from Dec. 2021 (¥28,013 Mil) to Dec. 2022 (¥16,500 Mil) but then
increased
from Dec. 2022 (¥16,500 Mil) to Dec. 2023 (¥29,924 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. Huagong Tech Co's Enterprise Value for Today is ¥28,759 Mil.
Huagong Tech Co Market Cap Historical Data
The historical data trend for Huagong Tech 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.
Competitive Comparison of Huagong Tech Co's Market Cap
For the Electrical Equipment & Parts subindustry, Huagong Tech 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.
Huagong Tech Co's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Huagong Tech Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Huagong Tech Co's Market Cap falls into.
Huagong Tech 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.
Huagong Tech 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.
Huagong Tech Co (SZSE:000988) 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.
Huagong Tech Co Market Cap Related Terms
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Huagong Tech Co (SZSE:000988) Business Description
Huazhong University of Science and Technology University, Huagong Technology Headquarters Building, Wuhan East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430223
Huagong Tech Co Ltd is a China-based company principally engaged in the business of laser equipment manufacturing, optical communications and laser holographic anti-counterfeiting of sensitive products and components. The company's products are widely used in machinery manufacturing, aerospace, automobile industry, and iron and steel metallurgy and other industries. In addition, the company also offers solutions such as energy industry laser processing solutions, aerospace applications solutions, 3C industry laser processing solutions, automotive industry application solutions, certification industry anti-counterfeiting solutions, intelligent manufacturing service platform and cloud computing centre.
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