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Xiangtan Electric Manufacturing Co (SHSE:600416) Market Cap : ¥14,407 Mil (As of Jun. 09, 2024)


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What is Xiangtan Electric Manufacturing 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). Xiangtan Electric Manufacturing Co's share price for the quarter that ended in Mar. 2024 was ¥13.26. Xiangtan Electric Manufacturing Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,325 Mil. Therefore, Xiangtan Electric Manufacturing Co's market cap for the quarter that ended in Mar. 2024 was ¥17,575 Mil.

Xiangtan Electric Manufacturing Co's quarterly market cap declined from Sep. 2023 (¥21,220 Mil) to Dec. 2023 (¥21,048 Mil) and declined from Dec. 2023 (¥21,048 Mil) to Mar. 2024 (¥17,575 Mil).

Xiangtan Electric Manufacturing Co's annual market cap declined from Dec. 2021 (¥25,282 Mil) to Dec. 2022 (¥24,918 Mil) and declined from Dec. 2022 (¥24,918 Mil) to Dec. 2023 (¥21,048 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. Xiangtan Electric Manufacturing Co's Enterprise Value for Today is ¥14,902 Mil.


Xiangtan Electric Manufacturing Co Market Cap Historical Data

The historical data trend for Xiangtan Electric Manufacturing 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.

Xiangtan Electric Manufacturing Co Market Cap Chart

Xiangtan Electric Manufacturing 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 6,753.25 19,843.60 25,281.86 24,917.71 21,047.51

Xiangtan Electric Manufacturing 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 27,290.19 25,302.08 21,219.81 21,047.51 17,574.94

Competitive Comparison of Xiangtan Electric Manufacturing Co's Market Cap

For the Specialty Industrial Machinery subindustry, Xiangtan Electric Manufacturing 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.


Xiangtan Electric Manufacturing Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xiangtan Electric Manufacturing Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Xiangtan Electric Manufacturing Co's Market Cap falls into.



Xiangtan Electric Manufacturing 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.

Xiangtan Electric Manufacturing 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 )
=¥15.88*1325.41
=¥21,048

Xiangtan Electric Manufacturing 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 )
=¥13.26*1325.41
=¥17,575

* 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.


Xiangtan Electric Manufacturing Co  (SHSE:600416) 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.


Xiangtan Electric Manufacturing Co Market Cap Related Terms

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Xiangtan Electric Manufacturing Co (SHSE:600416) Business Description

Traded in Other Exchanges
N/A
Address
No. 302 Xiashesi Street, Xiangtan, Hunan, CHN, 411101
Xiangtan Electric Manufacturing Co., Ltd. is the backbone enterprise of China's electrical industry, the major technologies and equipment production. It is also involved in R&D and is the designated manufacturer of defense equipment.
Executives
Wang Lin Director
Zhao Wen Hong senior management
Zhong Xue Chao Supervisors
Liu Shao Cheng Supervisors
Yu Yuan Liang senior management
Yao Li Min senior management
Zhou Jian Xiong Director
Li Ji Ping Director
Su Ming senior management
Xiao Ren Zhang Supervisors
Liu Hai Qiang senior management
Liu Ning Xian Supervisors
Zhang Jian Wei Director
Zhao Yi Jun Director
Luo Jian Rong senior management

Xiangtan Electric Manufacturing Co (SHSE:600416) Headlines

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