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). Tianqi Lithium's share price for the quarter that ended in Dec. 2023 was HK$43.15. Tianqi Lithium's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,641 Mil. Therefore, Tianqi Lithium's market cap for the quarter that ended in Dec. 2023 was HK$70,819 Mil.
Tianqi Lithium's quarterly market cap
declined
from Jun. 2023 (HK$89,529 Mil) to Sep. 2023 (HK$71,967 Mil) and
declined
from Sep. 2023 (HK$71,967 Mil) to Dec. 2023 (HK$70,819 Mil).
Tianqi Lithium's annual market cap
increased
from Dec. 2021 (HK$0 Mil) to Dec. 2022 (HK$91,580 Mil) but then
declined
from Dec. 2022 (HK$91,580 Mil) to Dec. 2023 (HK$70,819 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. Tianqi Lithium's Enterprise Value for Today is HK$50,984 Mil.
Tianqi Lithium Market Cap Historical Data
The historical data trend for Tianqi Lithium'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 Tianqi Lithium's Market Cap
For the Other Industrial Metals & Mining subindustry, Tianqi Lithium'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.
Tianqi Lithium's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tianqi Lithium's Market Cap distribution charts can be found below:
* The bar in red indicates where Tianqi Lithium's Market Cap falls into.
Tianqi Lithium 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.
Tianqi Lithium'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.
Tianqi Lithium (HKSE:09696) 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.
Tianqi Lithium Market Cap Related Terms
Thank you for viewing the detailed overview of Tianqi Lithium's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.
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