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Zhejiang Weixing New Building Materials Co (SZSE:002372) Market Cap : ¥26,125 Mil (As of Jun. 10, 2024)


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What is Zhejiang Weixing New Building Materials 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). Zhejiang Weixing New Building Materials Co's share price for the quarter that ended in Mar. 2024 was ¥15.39. Zhejiang Weixing New Building Materials Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,592 Mil. Therefore, Zhejiang Weixing New Building Materials Co's market cap for the quarter that ended in Mar. 2024 was ¥24,501 Mil.

Zhejiang Weixing New Building Materials Co's quarterly market cap declined from Sep. 2023 (¥29,055 Mil) to Dec. 2023 (¥23,037 Mil) but then increased from Dec. 2023 (¥23,037 Mil) to Mar. 2024 (¥24,501 Mil).

Zhejiang Weixing New Building Materials Co's annual market cap declined from Dec. 2021 (¥38,720 Mil) to Dec. 2022 (¥33,976 Mil) and declined from Dec. 2022 (¥33,976 Mil) to Dec. 2023 (¥23,037 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. Zhejiang Weixing New Building Materials Co's Enterprise Value for Today is ¥23,236 Mil.


Zhejiang Weixing New Building Materials Co Market Cap Historical Data

The historical data trend for Zhejiang Weixing New Building Materials 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.

Zhejiang Weixing New Building Materials Co Market Cap Chart

Zhejiang Weixing New Building Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,717.86 29,772.46 38,720.12 33,975.63 23,037.40

Zhejiang Weixing New Building Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38,703.46 32,701.32 29,055.46 23,037.40 24,501.50

Competitive Comparison of Zhejiang Weixing New Building Materials Co's Market Cap

For the Building Products & Equipment subindustry, Zhejiang Weixing New Building Materials 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.


Zhejiang Weixing New Building Materials Co's Market Cap Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Weixing New Building Materials Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Weixing New Building Materials Co's Market Cap falls into.



Zhejiang Weixing New Building Materials 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.

Zhejiang Weixing New Building Materials 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 )
=¥14.47*1592.08
=¥23,037

Zhejiang Weixing New Building Materials 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 )
=¥15.39*1592.04
=¥24,501

* 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.


Zhejiang Weixing New Building Materials Co  (SZSE:002372) 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.


Zhejiang Weixing New Building Materials Co Market Cap Related Terms

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Zhejiang Weixing New Building Materials Co (SZSE:002372) Business Description

Traded in Other Exchanges
N/A
Address
Linhai Economic Development Zone, Zhejiang, Taizhou, CHN, 317000
Zhejiang Weixing New Building Materials Co Ltd is a China-based company engaged in manufacturing and processing plastic pipe, new building materials, raw and auxiliary accessories, sanitary ware, water meters and valves. Its brands consist of Weixing, annette, and KALE.
Executives
Jin Hong Yang Directors, executives
Qi Jin Xiu Executives
Xie Jin Kun Director
Chen An Men Executives
Zhang San Yun Director
Li Xiao Ming Securities Affairs Representative
Zhang Ka Peng Director
Chen Guo Gui Supervisors
Shi Guo Jun Executives
Qu San Lu Executives

Zhejiang Weixing New Building Materials Co (SZSE:002372) Headlines

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