Hunan Valin Steel Co's quarterly market cap
declined
from Sep. 2023 (¥41,314 Mil) to Dec. 2023 (¥35,579 Mil) but then
increased
from Dec. 2023 (¥35,579 Mil) to Mar. 2024 (¥36,547 Mil).
Hunan Valin Steel Co's annual market cap
declined
from Dec. 2021 (¥35,303 Mil) to Dec. 2022 (¥32,471 Mil) but then
increased
from Dec. 2022 (¥32,471 Mil) to Dec. 2023 (¥35,579 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. Hunan Valin Steel Co's Enterprise Value for Today is ¥53,958 Mil.
Hunan Valin Steel Co Market Cap Historical Data
The historical data trend for Hunan Valin Steel 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.
Competitive Comparison of Hunan Valin Steel Co's Market Cap
For the Steel subindustry, Hunan Valin Steel 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.
Hunan Valin Steel Co's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Hunan Valin Steel Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Hunan Valin Steel Co's Market Cap falls into.
Hunan Valin Steel 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.
Hunan Valin Steel 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.
Hunan Valin Steel Co (SZSE:000932) 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.
Hunan Valin Steel Co Market Cap Related Terms
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Hunan Valin Steel Co (SZSE:000932) Business Description
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