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Inner Mongolia ERDOS Resources Co (SHSE:600295) Market Cap : ¥27,770 Mil (As of Jun. 08, 2024)


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What is Inner Mongolia ERDOS Resources 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). Inner Mongolia ERDOS Resources Co's share price for the quarter that ended in Mar. 2024 was ¥10.97. Inner Mongolia ERDOS Resources Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,799 Mil. Therefore, Inner Mongolia ERDOS Resources Co's market cap for the quarter that ended in Mar. 2024 was ¥30,703 Mil.

Inner Mongolia ERDOS Resources Co's quarterly market cap increased from Sep. 2023 (¥25,637 Mil) to Dec. 2023 (¥27,148 Mil) and increased from Dec. 2023 (¥27,148 Mil) to Mar. 2024 (¥30,703 Mil).

Inner Mongolia ERDOS Resources Co's annual market cap declined from Dec. 2021 (¥33,685 Mil) to Dec. 2022 (¥30,367 Mil) and declined from Dec. 2022 (¥30,367 Mil) to Dec. 2023 (¥27,148 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. Inner Mongolia ERDOS Resources Co's Enterprise Value for Today is ¥27,859 Mil.


Inner Mongolia ERDOS Resources Co Market Cap Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co Market Cap Chart

Inner Mongolia ERDOS Resources 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 12,880.10 14,879.24 33,685.28 30,366.76 27,148.17

Inner Mongolia ERDOS Resources 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 30,686.66 25,105.06 25,636.82 27,148.17 30,702.62

Competitive Comparison of Inner Mongolia ERDOS Resources Co's Market Cap

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources 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.


Inner Mongolia ERDOS Resources Co's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Market Cap falls into.



Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources 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 )
=¥9.7*2798.78
=¥27,148

Inner Mongolia ERDOS Resources 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 )
=¥10.97*2798.78
=¥30,703

* 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.


Inner Mongolia ERDOS Resources Co  (SHSE:600295) 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.


Inner Mongolia ERDOS Resources Co Market Cap Related Terms

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Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Traded in Other Exchanges
Address
No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000
Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.
Executives
Zhang Mei Rong Director
Wang Zhen Director
Zhang Yi Ling Director

Inner Mongolia ERDOS Resources Co (SHSE:600295) Headlines

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