Ningbo Tuopu Group Co's quarterly market cap
declined
from Sep. 2023 (¥81,695 Mil) to Dec. 2023 (¥81,001 Mil) and
declined
from Dec. 2023 (¥81,001 Mil) to Mar. 2024 (¥73,476 Mil).
Ningbo Tuopu Group Co's annual market cap
increased
from Dec. 2021 (¥58,409 Mil) to Dec. 2022 (¥64,558 Mil) and
increased
from Dec. 2022 (¥64,558 Mil) to Dec. 2023 (¥81,001 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. Ningbo Tuopu Group Co's Enterprise Value for Today is ¥67,676 Mil.
* 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 Ningbo Tuopu Group Co's Market Cap
For the Auto Parts subindustry, Ningbo Tuopu Group 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.
Ningbo Tuopu Group Co's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Tuopu Group Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Ningbo Tuopu Group Co's Market Cap falls into.
Ningbo Tuopu Group 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.
Ningbo Tuopu Group Co'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.
Ningbo Tuopu Group Co (SHSE:601689) 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.
Ningbo Tuopu Group Co Market Cap Related Terms
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Ningbo Tuopu Group Co (SHSE:601689) Business Description
Ningbo Tuopu Group Co Ltd is a China-based company that engages in the manufacturing and sale of automotive components for international and domestic automobile manufacturers. Its product lines include automobile NVH vibration control parts, acoustic systems, lightweight power chassis systems, intelligent driving systems, and thermal management systems. The company generates the majority of its revenue from the domestic market.
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