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Zhejiang Akcome New Energy Technology Co (SZSE:002610) Market Cap : ¥4,972 Mil (As of May. 16, 2024)


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What is Zhejiang Akcome New Energy Technology 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 Akcome New Energy Technology Co's share price for the quarter that ended in Mar. 2024 was ¥1.91. Zhejiang Akcome New Energy Technology Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 4,480 Mil. Therefore, Zhejiang Akcome New Energy Technology Co's market cap for the quarter that ended in Mar. 2024 was ¥8,556 Mil.

Zhejiang Akcome New Energy Technology Co's quarterly market cap declined from Sep. 2023 (¥10,616 Mil) to Dec. 2023 (¥9,676 Mil) and declined from Dec. 2023 (¥9,676 Mil) to Mar. 2024 (¥8,556 Mil).

Zhejiang Akcome New Energy Technology Co's annual market cap declined from Dec. 2021 (¥21,054 Mil) to Dec. 2022 (¥12,767 Mil) and declined from Dec. 2022 (¥12,767 Mil) to Dec. 2023 (¥9,676 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 Akcome New Energy Technology Co's Enterprise Value for Today is ¥7,306 Mil.


Zhejiang Akcome New Energy Technology Co Market Cap Historical Data

The historical data trend for Zhejiang Akcome New Energy Technology 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 Akcome New Energy Technology Co Market Cap Chart

Zhejiang Akcome New Energy Technology 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 7,227.48 14,765.42 21,053.79 12,766.66 9,675.78

Zhejiang Akcome New Energy Technology 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 13,125.02 11,467.60 10,616.49 9,675.78 8,555.90

Competitive Comparison of Zhejiang Akcome New Energy Technology Co's Market Cap

For the Solar subindustry, Zhejiang Akcome New Energy Technology 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 Akcome New Energy Technology Co's Market Cap Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Akcome New Energy Technology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Akcome New Energy Technology Co's Market Cap falls into.



Zhejiang Akcome New Energy Technology 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 Akcome New Energy Technology 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 )
=¥2.16*4479.53
=¥9,676

Zhejiang Akcome New Energy Technology 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 )
=¥1.91*4479.53
=¥8,556

* 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 Akcome New Energy Technology Co  (SZSE:002610) 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 Akcome New Energy Technology Co Market Cap Related Terms

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Zhejiang Akcome New Energy Technology Co (SZSE:002610) Business Description

Traded in Other Exchanges
N/A
Address
West Jintang Road, Economic Development Zone of Zhangjiagang, Jiangsu Province, Zhangjiagang, CHN, 215600
Zhejiang Akcome New Energy Technology Co Ltd Formerly Jiangsu Akcome Science & Technology Co Ltd is a Chinese technology-based company specialized in the investment and operation of power generated by new energy, and the one-stop provision of photovoltaic (PV) accessories. It offers products such as the solar framework, sectional material, modules, solar cell, aluminum framework of polar battery, PV installation rack and PV welding strip. In addition, the company is also involved in the online energy business. The company has a business presence in China and other countries.

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