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Bright Real Estate Group Co (SHSE:600708) Market Cap : ¥5,237 Mil (As of May. 22, 2024)


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What is Bright Real Estate Group 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). Bright Real Estate Group Co's share price for the quarter that ended in Mar. 2024 was ¥1.98. Bright Real Estate Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,229 Mil. Therefore, Bright Real Estate Group Co's market cap for the quarter that ended in Mar. 2024 was ¥4,413 Mil.

Bright Real Estate Group Co's quarterly market cap declined from Sep. 2023 (¥5,170 Mil) to Dec. 2023 (¥4,792 Mil) and declined from Dec. 2023 (¥4,792 Mil) to Mar. 2024 (¥4,413 Mil).

Bright Real Estate Group Co's annual market cap increased from Dec. 2021 (¥5,326 Mil) to Dec. 2022 (¥5,482 Mil) but then declined from Dec. 2022 (¥5,482 Mil) to Dec. 2023 (¥4,792 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. Bright Real Estate Group Co's Enterprise Value for Today is ¥34,745 Mil.


Bright Real Estate Group Co Market Cap Historical Data

The historical data trend for Bright Real Estate Group 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.

Bright Real Estate Group Co Market Cap Chart

Bright Real Estate Group 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 7,844.81 5,683.03 5,326.45 5,482.45 4,791.58

Bright Real Estate Group 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 4,969.87 4,769.29 5,170.44 4,791.58 4,412.71

Competitive Comparison of Bright Real Estate Group Co's Market Cap

For the Real Estate - Development subindustry, Bright Real Estate Group 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.


Bright Real Estate Group Co's Market Cap Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bright Real Estate Group Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Bright Real Estate Group Co's Market Cap falls into.



Bright Real Estate Group 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.

Bright Real Estate Group 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 )
=¥2.15*2228.64
=¥4,792

Bright Real Estate Group 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 )
=¥1.98*2228.64
=¥4,413

* 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.


Bright Real Estate Group Co  (SHSE:600708) 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.


Bright Real Estate Group Co Market Cap Related Terms

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Bright Real Estate Group Co (SHSE:600708) Business Description

Traded in Other Exchanges
N/A
Address
199 North Tibet Road, Jing'an District, Shanghai, CHN, 200070
Bright Real Estate Group Co Ltd is engaged in the development of various types of residential, and commercial office areas. Further it is also involved in the logistic industry chain.

Bright Real Estate Group Co (SHSE:600708) Headlines

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