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Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Market Cap : ¥2,416 Mil (As of Jun. 08, 2024)


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What is Tongyi Carbon Neutral Energy (Xinjiang) 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). Tongyi Carbon Neutral Energy (Xinjiang) Co's share price for the quarter that ended in Mar. 2024 was ¥13.93. Tongyi Carbon Neutral Energy (Xinjiang) Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 192 Mil. Therefore, Tongyi Carbon Neutral Energy (Xinjiang) Co's market cap for the quarter that ended in Mar. 2024 was ¥2,675 Mil.

Tongyi Carbon Neutral Energy (Xinjiang) Co's quarterly market cap increased from Sep. 2023 (¥2,032 Mil) to Dec. 2023 (¥3,493 Mil) but then declined from Dec. 2023 (¥3,493 Mil) to Mar. 2024 (¥2,675 Mil).

Tongyi Carbon Neutral Energy (Xinjiang) Co's annual market cap increased from Dec. 2021 (¥1,654 Mil) to Dec. 2022 (¥2,339 Mil) and increased from Dec. 2022 (¥2,339 Mil) to Dec. 2023 (¥3,493 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. Tongyi Carbon Neutral Energy (Xinjiang) Co's Enterprise Value for Today is ¥3,265 Mil.


Tongyi Carbon Neutral Energy (Xinjiang) Co Market Cap Historical Data

The historical data trend for Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co Market Cap Chart

Tongyi Carbon Neutral Energy (Xinjiang) 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 1,506.61 1,491.84 1,654.32 2,338.79 3,492.83

Tongyi Carbon Neutral Energy (Xinjiang) 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 2,165.97 2,018.12 2,031.56 3,492.83 2,674.82

Competitive Comparison of Tongyi Carbon Neutral Energy (Xinjiang) Co's Market Cap

For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co's Market Cap Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) Co's Market Cap falls into.



Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) 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 )
=¥18.19*192.019
=¥3,493

Tongyi Carbon Neutral Energy (Xinjiang) 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 )
=¥13.93*192.019
=¥2,675

* 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co  (SHSE:600506) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co Market Cap Related Terms

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Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Business Description

Traded in Other Exchanges
N/A
Address
Shengguo Mingyuan, Shengguo Road, Xinjiang, Ku'erle, CHN, 841000
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd formerly Xinjiang Koerle Pear Co Ltd is an orchard planting company. It produces korla pear and ratafee.

Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Headlines

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