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). Gotion High-tech Co's share price for the quarter that ended in Mar. 2024 was ¥20.25. Gotion High-tech Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,786 Mil. Therefore, Gotion High-tech Co's market cap for the quarter that ended in Mar. 2024 was ¥36,161 Mil.
Gotion High-tech Co's quarterly market cap
declined
from Sep. 2023 (¥41,317 Mil) to Dec. 2023 (¥38,382 Mil) and
declined
from Dec. 2023 (¥38,382 Mil) to Mar. 2024 (¥36,161 Mil).
Gotion High-tech Co's annual market cap
declined
from Dec. 2021 (¥85,316 Mil) to Dec. 2022 (¥51,285 Mil) and
declined
from Dec. 2022 (¥51,285 Mil) to Dec. 2023 (¥38,382 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. Gotion High-tech Co's Enterprise Value for Today is ¥61,975 Mil.
Gotion High-tech Co Market Cap Historical Data
The historical data trend for Gotion High-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 Gotion High-tech Co's Market Cap
For the Electrical Equipment & Parts subindustry, Gotion High-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.
Gotion High-tech Co's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Gotion High-tech Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Gotion High-tech Co's Market Cap falls into.
Gotion High-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.
Gotion High-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.
Gotion High-tech Co (SZSE:002074) 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.
Gotion High-tech Co Market Cap Related Terms
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Gotion High-tech Co (SZSE:002074) Business Description
Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 3% market share in 2022 in terms of installed capacity, and fourth in China with 5% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.
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