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). SORL Auto Parts's share price for the quarter that ended in Sep. 2019 was $3.16. SORL Auto Parts's Shares Outstanding (EOP) for the quarter that ended in Sep. 2019 was 19.3 Mil. Therefore, SORL Auto Parts's market cap for the quarter that ended in Sep. 2019 was $61.0 Mil.
SORL Auto Parts's quarterly market cap
increased
from Mar. 2019 ($55.6 Mil) to Jun. 2019 ($68.0 Mil) but then
declined
from Jun. 2019 ($68.0 Mil) to Sep. 2019 ($61.0 Mil).
SORL Auto Parts's annual market cap
increased
from Dec. 2016 ($58.7 Mil) to Dec. 2017 ($129.7 Mil) but then
declined
from Dec. 2017 ($129.7 Mil) to Dec. 2018 ($36.3 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. SORL Auto Parts's Enterprise Value for Today is $90.9 Mil.
SORL Auto Parts Market Cap Historical Data
The historical data trend for SORL Auto Parts'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 SORL Auto Parts's Market Cap
For the Auto Parts subindustry, SORL Auto Parts'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.
SORL Auto Parts's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SORL Auto Parts's Market Cap distribution charts can be found below:
* The bar in red indicates where SORL Auto Parts's Market Cap falls into.
SORL Auto Parts 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.
SORL Auto Parts's Market Cap for the fiscal year that ended in Dec. 2018 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.
SORL Auto Parts (NAS:SORL) 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.
SORL Auto Parts Market Cap Related Terms
Thank you for viewing the detailed overview of SORL Auto Parts's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
SORL Auto Parts (SORL Auto Parts) Business Description
SORL Auto Parts Inc develops, manufactures and distributes automotive brake systems and other key safety-related auto parts to automotive original equipment manufacturers, and the related aftermarket both in China and internationally. The company is organized into two principal operating division: Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. Its key products are air brake system, tubes and fittings, ABS and diagnosis, power steering pumps, electrical and railway parts, and new energy parts. The company's products are principally used in different types of commercial vehicles, such as trucks and buses. Most of the firm's revenue gets generated through Commercial Vehicles Brake Systems segment.
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