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). CRRC's share price for the quarter that ended in Mar. 2024 was HK$4.22. CRRC's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 28,699 Mil. Therefore, CRRC's market cap for the quarter that ended in Mar. 2024 was HK$121,109 Mil.
CRRC's quarterly market cap
declined
from Sep. 2023 (HK$108,482 Mil) to Dec. 2023 (HK$98,724 Mil) but then
increased
from Dec. 2023 (HK$98,724 Mil) to Mar. 2024 (HK$121,109 Mil).
CRRC's annual market cap
declined
from Dec. 2021 (HK$96,141 Mil) to Dec. 2022 (HK$90,402 Mil) but then
increased
from Dec. 2022 (HK$90,402 Mil) to Dec. 2023 (HK$98,724 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. CRRC's Enterprise Value for Today is HK$150,336 Mil.
CRRC Market Cap Historical Data
The historical data trend for CRRC'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.
For the Railroads subindustry, CRRC'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.
CRRC's Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, CRRC's Market Cap distribution charts can be found below:
* The bar in red indicates where CRRC's Market Cap falls into.
CRRC 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.
CRRC'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.
CRRC (HKSE:01766) 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.
CRRC Market Cap Related Terms
Thank you for viewing the detailed overview of CRRC's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
CRRC Corp Ltd manufactures products which are used for transportation through railroads. Its product portfolio includes rolling stock, rail transit vehicles, engineering machinery, electrical equipment and related parts, and environmental protection products. The company also engages in allied activities like refurbishment, leasing, technical support to clients, investment, and management, as well as import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.
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