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Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Market Cap : ¥2,605.6 Mil (As of Jun. 11, 2024)


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What is Zhejiang Tiantai Xianghe Industrial 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). Zhejiang Tiantai Xianghe Industrial Co's share price for the quarter that ended in Mar. 2024 was ¥7.55. Zhejiang Tiantai Xianghe Industrial Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 343.7 Mil. Therefore, Zhejiang Tiantai Xianghe Industrial Co's market cap for the quarter that ended in Mar. 2024 was ¥2,595.3 Mil.

Zhejiang Tiantai Xianghe Industrial Co's quarterly market cap increased from Sep. 2023 (¥2,921.8 Mil) to Dec. 2023 (¥3,007.8 Mil) but then declined from Dec. 2023 (¥3,007.8 Mil) to Mar. 2024 (¥2,595.3 Mil).

Zhejiang Tiantai Xianghe Industrial Co's annual market cap increased from Dec. 2021 (¥2,217.3 Mil) to Dec. 2022 (¥2,784.5 Mil) and increased from Dec. 2022 (¥2,784.5 Mil) to Dec. 2023 (¥3,007.8 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. Zhejiang Tiantai Xianghe Industrial Co's Enterprise Value for Today is ¥2,344.2 Mil.


Zhejiang Tiantai Xianghe Industrial Co Market Cap Historical Data

The historical data trend for Zhejiang Tiantai Xianghe Industrial 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.

Zhejiang Tiantai Xianghe Industrial Co Market Cap Chart

Zhejiang Tiantai Xianghe Industrial 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 2,194.42 1,998.61 2,217.30 2,784.52 3,007.79

Zhejiang Tiantai Xianghe Industrial 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 3,174.94 3,368.72 2,921.85 3,007.79 2,595.29

Competitive Comparison of Zhejiang Tiantai Xianghe Industrial Co's Market Cap

For the Railroads subindustry, Zhejiang Tiantai Xianghe Industrial 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.


Zhejiang Tiantai Xianghe Industrial Co's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhejiang Tiantai Xianghe Industrial Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Tiantai Xianghe Industrial Co's Market Cap falls into.



Zhejiang Tiantai Xianghe Industrial 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.

Zhejiang Tiantai Xianghe Industrial 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 )
=¥8.75*343.747
=¥3,007.8

Zhejiang Tiantai Xianghe Industrial 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 )
=¥7.55*343.747
=¥2,595.3

* 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.


Zhejiang Tiantai Xianghe Industrial Co  (SHSE:603500) 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.


Zhejiang Tiantai Xianghe Industrial Co Market Cap Related Terms

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Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Business Description

Traded in Other Exchanges
N/A
Address
No. 799, Renmin East Road, Chicheng Street, Zhejiang Province, Tiantai County, Taizhou, CHN
Zhejiang Tiantai Xianghe Industrial Co Ltd is engaged in the research, development, commissioning, verification and industrialization of the national high-speed rail fastener project group. The company's main products include fastener products such as nylon parts, rubber parts, elastic pads and plastic parts; electronic products such as rubber stoppers and bases.
Executives
Tang Xiao Directors, senior managers
Tang Jiao Directors, senior managers
Tang You Qian Director
Tang Wen Ming Directors, senior managers
Zheng Yuan Fei senior management
Wang Hong Hai senior management
Qi Wei senior management

Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Headlines

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