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Beijing Tieke Shougang Railway-Tech Co (SHSE:688569) Market Cap : ¥4,755 Mil (As of Jun. 10, 2024)


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What is Beijing Tieke Shougang Railway-Tech 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). Beijing Tieke Shougang Railway-Tech Co's share price for the quarter that ended in Mar. 2024 was ¥23.99. Beijing Tieke Shougang Railway-Tech Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 211 Mil. Therefore, Beijing Tieke Shougang Railway-Tech Co's market cap for the quarter that ended in Mar. 2024 was ¥5,054 Mil.

Beijing Tieke Shougang Railway-Tech Co's quarterly market cap declined from Sep. 2023 (¥7,135 Mil) to Dec. 2023 (¥5,817 Mil) and declined from Dec. 2023 (¥5,817 Mil) to Mar. 2024 (¥5,054 Mil).

Beijing Tieke Shougang Railway-Tech Co's annual market cap declined from Dec. 2021 (¥4,243 Mil) to Dec. 2022 (¥3,706 Mil) but then increased from Dec. 2022 (¥3,706 Mil) to Dec. 2023 (¥5,817 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. Beijing Tieke Shougang Railway-Tech Co's Enterprise Value for Today is ¥3,313 Mil.


Beijing Tieke Shougang Railway-Tech Co Market Cap Historical Data

The historical data trend for Beijing Tieke Shougang Railway-Tech 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.

Beijing Tieke Shougang Railway-Tech Co Market Cap Chart

Beijing Tieke Shougang Railway-Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 4,327.10 4,242.83 3,705.63 5,816.52

Beijing Tieke Shougang Railway-Tech 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 5,144.49 8,862.76 7,135.29 5,816.52 5,053.90

Competitive Comparison of Beijing Tieke Shougang Railway-Tech Co's Market Cap

For the Railroads subindustry, Beijing Tieke Shougang Railway-Tech 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.


Beijing Tieke Shougang Railway-Tech Co's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Tieke Shougang Railway-Tech Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Beijing Tieke Shougang Railway-Tech Co's Market Cap falls into.



Beijing Tieke Shougang Railway-Tech 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.

Beijing Tieke Shougang Railway-Tech 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 )
=¥27.61*210.667
=¥5,817

Beijing Tieke Shougang Railway-Tech 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 )
=¥23.99*210.667
=¥5,054

* 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.


Beijing Tieke Shougang Railway-Tech Co  (SHSE:688569) 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.


Beijing Tieke Shougang Railway-Tech Co Market Cap Related Terms

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Beijing Tieke Shougang Railway-Tech Co (SHSE:688569) Business Description

Traded in Other Exchanges
N/A
Address
No. 24, South Shayang Road, Shahe Town, Changping District, Beijing, CHN, 102206
Beijing Tieke Shougang Railway-Tech Co Ltd is engaged in production and sales of high-speed rail public engineering products with high-speed rail fasteners as the core. The company produces railway fastener systems, low-relaxation prestressed steel rods, prestressed steel wires, bridge supports; general freight; product quality inspection; professional contracting.

Beijing Tieke Shougang Railway-Tech Co (SHSE:688569) Headlines

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