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). Bank Of Ningbo Co's share price for the quarter that ended in Mar. 2024 was ¥20.63. Bank Of Ningbo Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 6,604 Mil. Therefore, Bank Of Ningbo Co's market cap for the quarter that ended in Mar. 2024 was ¥136,232 Mil.
Bank Of Ningbo Co's quarterly market cap
declined
from Sep. 2023 (¥177,438 Mil) to Dec. 2023 (¥132,798 Mil) but then
increased
from Dec. 2023 (¥132,798 Mil) to Mar. 2024 (¥136,232 Mil).
Bank Of Ningbo Co's annual market cap
declined
from Dec. 2021 (¥252,785 Mil) to Dec. 2022 (¥214,286 Mil) and
declined
from Dec. 2022 (¥214,286 Mil) to Dec. 2023 (¥132,798 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. Bank Of Ningbo Co's Enterprise Value for Today is ¥519,328 Mil.
Bank Of Ningbo Co Market Cap Historical Data
The historical data trend for Bank Of Ningbo 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 Bank Of Ningbo Co's Market Cap
For the Banks - Regional subindustry, Bank Of Ningbo 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.
Bank Of Ningbo Co's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Bank Of Ningbo Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Bank Of Ningbo Co's Market Cap falls into.
Bank Of Ningbo 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.
Bank Of Ningbo 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.
Bank Of Ningbo Co (SZSE:002142) 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.
Bank Of Ningbo Co Market Cap Related Terms
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Bank Of Ningbo Co (SZSE:002142) Business Description
Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank is headquartered in Ningbo, a vice provincial city in Zhejiang province. It has a differentiated positioning in SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 29%, 23%, 5%, 4%, and 4%, respectively, to revenue in 2022. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore's OCBC Bank, and Youngor Group holding 19%, 18%, and 8% of the shares, respectively, as of end-March 2023.
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