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). China Tower's share price for the quarter that ended in Dec. 2023 was HK$0.82. China Tower's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 176,008 Mil. Therefore, China Tower's market cap for the quarter that ended in Dec. 2023 was HK$144,327 Mil.
China Tower's quarterly market cap
declined
from Jun. 2023 (HK$153,127 Mil) to Sep. 2023 (HK$132,006 Mil) but then
increased
from Sep. 2023 (HK$132,006 Mil) to Dec. 2023 (HK$144,327 Mil).
China Tower's annual market cap
declined
from Dec. 2021 (HK$151,367 Mil) to Dec. 2022 (HK$147,847 Mil) and
declined
from Dec. 2022 (HK$147,847 Mil) to Dec. 2023 (HK$144,327 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. China Tower's Enterprise Value for Today is HK$261,543 Mil.
China Tower Market Cap Historical Data
The historical data trend for China Tower'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 China Tower's Market Cap
For the Telecom Services subindustry, China Tower'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.
China Tower's Market Cap Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, China Tower's Market Cap distribution charts can be found below:
* The bar in red indicates where China Tower's Market Cap falls into.
China Tower 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.
China Tower'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.
China Tower (HKSE:00788) 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.
China Tower Market Cap Related Terms
Thank you for viewing the detailed overview of China Tower's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The business of the company includes tower business; DAS business; Smart Tower business and Energy business. It generates maximum revenue from the tower business. The Tower business includes macro cell and small cell business. Its DAS business provides a DAS system to the Three TSPs for connecting their telecommunication equipment, helping them receive and send indoor mobile telecommunication network signals to enable mobile telecommunication network signals covering buildings, large venues and tunnels.
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