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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Market Cap : $3,007 Mil (As of Apr. 30, 2024)


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What is Shandong Weigao Group Medical Polymer 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). Shandong Weigao Group Medical Polymer Co's share price for the quarter that ended in Dec. 2023 was $3.85. Shandong Weigao Group Medical Polymer Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,143 Mil. Therefore, Shandong Weigao Group Medical Polymer Co's market cap for the quarter that ended in Dec. 2023 was $4,399 Mil.

Shandong Weigao Group Medical Polymer Co's quarterly market cap declined from Dec. 2022 ($7,267 Mil) to Jun. 2023 ($5,936 Mil) and declined from Jun. 2023 ($5,936 Mil) to Dec. 2023 ($4,399 Mil).

Shandong Weigao Group Medical Polymer Co's annual market cap increased from Dec. 2021 ($5,845 Mil) to Dec. 2022 ($7,267 Mil) but then declined from Dec. 2022 ($7,267 Mil) to Dec. 2023 ($4,349 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. Shandong Weigao Group Medical Polymer Co's Enterprise Value for Today is $2,781 Mil.


Shandong Weigao Group Medical Polymer Co Market Cap Historical Data

The historical data trend for Shandong Weigao Group Medical Polymer 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.

Shandong Weigao Group Medical Polymer Co Market Cap Chart

Shandong Weigao Group Medical Polymer 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 5,223.28 9,915.19 5,845.10 7,267.32 4,349.44

Shandong Weigao Group Medical Polymer Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5,845.10 5,450.49 7,267.32 5,935.55 4,399.23

Competitive Comparison of Shandong Weigao Group Medical Polymer Co's Market Cap

For the Medical Instruments & Supplies subindustry, Shandong Weigao Group Medical Polymer 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.


Shandong Weigao Group Medical Polymer Co's Market Cap Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shandong Weigao Group Medical Polymer Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Shandong Weigao Group Medical Polymer Co's Market Cap falls into.



Shandong Weigao Group Medical Polymer 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.

Shandong Weigao Group Medical Polymer 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 )
=$3.85*1129.725
=$4,349

Shandong Weigao Group Medical Polymer Co's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$3.85*1142.658
=$4,399

* 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.


Shandong Weigao Group Medical Polymer Co  (OTCPK:SHWGY) 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.


Shandong Weigao Group Medical Polymer Co Market Cap Related Terms

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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Business Description

Traded in Other Exchanges
Address
No.1, Weigao Road, Torch Hi-tech Science Park, Shandong Province, Weihai, CHN
Shandong Weigao Group Medical Polymer Co Ltd functions in the healthcare sector in China. Its business mainly involves the research and development, production, and sale of single-use medical device products. The company's segments include Medical device products, Orthopaedic products, Interventional products, Pharma packaging products, Blood management products, and others. The company's products comprise consumables including infusion sets, syringes, medical needles, blood bags, prefilled syringes, wound management, blood sampling products; orthopedic materials, and blood purification consumables and equipment. The company operates in the People's Republic of China, the United States, Europe, the Middle East, and Africa, Asia, and others.

Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Headlines