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China Taiping Insurance Holdings Co (HKSE:00966) Market Cap : HK$32,670 Mil (As of May. 22, 2024)


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What is China Taiping Insurance Holdings 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). China Taiping Insurance Holdings Co's share price for the quarter that ended in Dec. 2023 was HK$6.72. China Taiping Insurance Holdings Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 3,594 Mil. Therefore, China Taiping Insurance Holdings Co's market cap for the quarter that ended in Dec. 2023 was HK$24,152 Mil.

China Taiping Insurance Holdings Co's quarterly market cap declined from Dec. 2022 (HK$34,934 Mil) to Jun. 2023 (HK$29,255 Mil) and declined from Jun. 2023 (HK$29,255 Mil) to Dec. 2023 (HK$24,152 Mil).

China Taiping Insurance Holdings Co's annual market cap declined from Dec. 2021 (HK$38,456 Mil) to Dec. 2022 (HK$34,934 Mil) and declined from Dec. 2022 (HK$34,934 Mil) to Dec. 2023 (HK$24,152 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. China Taiping Insurance Holdings Co's Enterprise Value for Today is HK$90,863 Mil.


China Taiping Insurance Holdings Co Market Cap Historical Data

The historical data trend for China Taiping Insurance Holdings 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.

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China Taiping Insurance Holdings Co Market Cap Chart

China Taiping Insurance Holdings 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 69,436.47 50,172.52 38,456.01 34,933.87 24,151.81

China Taiping Insurance Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 38,456.01 34,790.11 34,933.87 29,255.32 24,151.81

Competitive Comparison of China Taiping Insurance Holdings Co's Market Cap

For the Insurance - Life subindustry, China Taiping Insurance Holdings 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.


China Taiping Insurance Holdings Co's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Taiping Insurance Holdings Co's Market Cap distribution charts can be found below:

* The bar in red indicates where China Taiping Insurance Holdings Co's Market Cap falls into.



China Taiping Insurance Holdings 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.

China Taiping Insurance Holdings 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 )
=HK$6.72*3594.02
=HK$24,152

China Taiping Insurance Holdings Co's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=HK$6.72*3594.02
=HK$24,152

* 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.


China Taiping Insurance Holdings Co  (HKSE:00966) 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.


China Taiping Insurance Holdings Co Market Cap Related Terms

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China Taiping Insurance Holdings Co (HKSE:00966) Business Description

Traded in Other Exchanges
Address
18 King Wah Road, 25th Floor, North Point, Hong Kong, HKG
China Taiping Insurance Holdings Co Ltd is a holding company, which through its subsidiaries, sells insurance products and offers a variety of investment management services. The company sells life, property and casualty, reinsurance, and pension insurance products. The firm also operates asset management and real estate management services. The majority of China Taiping Insurance's income is derived from life insurance, with the People's Republic of China contributing the largest portion of company revenue. The Group consists of business segments: the life insurance business, property and casualty insurance business, Pension and group life insurance business, reinsurance business and Others. Majority of revenue is generated from the life insurance business.

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