China Reinsurance (Group) (HKSE:01508) Market Cap : HK$25,063 Mil (As of May. 26, 2024)

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What is China Reinsurance (Group) 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 Reinsurance (Group)'s share price for the quarter that ended in Dec. 2023 was HK$0.455. China Reinsurance (Group)'s Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 42,480 Mil. Therefore, China Reinsurance (Group)'s market cap for the quarter that ended in Dec. 2023 was HK$19,328 Mil.

China Reinsurance (Group)'s quarterly market cap increased from Dec. 2022 (HK$21,028 Mil) to Jun. 2023 (HK$22,514 Mil) but then declined from Jun. 2023 (HK$22,514 Mil) to Dec. 2023 (HK$19,328 Mil).

China Reinsurance (Group)'s annual market cap declined from Dec. 2021 (HK$31,860 Mil) to Dec. 2022 (HK$21,028 Mil) and declined from Dec. 2022 (HK$21,028 Mil) to Dec. 2023 (HK$19,328 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 Reinsurance (Group)'s Enterprise Value for Today is HK$30,705 Mil.

China Reinsurance (Group) Market Cap Historical Data

The historical data trend for China Reinsurance (Group)'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 Reinsurance (Group) Market Cap Chart

China Reinsurance (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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54,374.14

33,983.84

31,859.85

21,027.50

19,328.31

China Reinsurance (Group) Semi-Annual Data
	Dec13	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															31,859.85	27,611.87	21,027.50	22,514.29	19,328.31

Competitive Comparison of China Reinsurance (Group)'s Market Cap

For the Insurance - Reinsurance subindustry, China Reinsurance (Group)'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 Reinsurance (Group)'s Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Reinsurance (Group)'s Market Cap distribution charts can be found below:

* The bar in red indicates where China Reinsurance (Group)'s Market Cap falls into.

China Reinsurance (Group) 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 Reinsurance (Group)'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$0.455	*	42479.8
	=	HK$19,328

China Reinsurance (Group)'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$0.455	*	42479.8
	=	HK$19,328

China Reinsurance (Group) (HKSE:01508) 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.

China Reinsurance (Group) Market Cap Related Terms

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China Reinsurance (Group) (HKSE:01508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Reinsurance (Group) Corp (HKSE:01508) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

C53:Germany

Address

No 11, Jinrong Avenue, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinare.com.cn

China Reinsurance (Group) Corp is a Chinese company that is engaged in the reinsurance business. It provides various products and services including reinsurance, direct insurance, asset management, insurance brokerage, and insurance media service. The company offers a variety of reinsurance products for various property and casualty insurance, such as motor, property, agricultural, liability insurance, life, health, accident insurance, and asset management services. It operates through the following business segments: Property and casualty reinsurance, Life and health reinsurance, Primary property and casualty insurance, Asset Management, and Others.

Executives

Citigroup Inc.	2502 Approved lending agent
Wellington Management Group Llp	2102 Investment manager

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