Changhong Meiling Co (SZSE:000521) Market Cap : ¥9,804 Mil (As of May. 24, 2024)

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What is Changhong Meiling 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). Changhong Meiling Co's share price for the quarter that ended in Mar. 2024 was ¥9.29. Changhong Meiling Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,030 Mil. Therefore, Changhong Meiling Co's market cap for the quarter that ended in Mar. 2024 was ¥9,568 Mil.

Changhong Meiling Co's quarterly market cap declined from Sep. 2023 (¥6,344 Mil) to Dec. 2023 (¥5,798 Mil) but then increased from Dec. 2023 (¥5,798 Mil) to Mar. 2024 (¥9,568 Mil).

Changhong Meiling Co's annual market cap increased from Dec. 2021 (¥3,834 Mil) to Dec. 2022 (¥4,336 Mil) and increased from Dec. 2022 (¥4,336 Mil) to Dec. 2023 (¥5,798 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. Changhong Meiling Co's Enterprise Value for Today is ¥2,709 Mil.

Changhong Meiling Co Market Cap Historical Data

The historical data trend for Changhong Meiling 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.

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Changhong Meiling Co Market Cap Chart

Changhong Meiling Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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3,582.98

6,330.28

3,833.68

4,335.96

5,798.45

Changhong Meiling 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															5,582.17	7,868.59	6,344.31	5,798.45	9,567.96

Competitive Comparison of Changhong Meiling Co's Market Cap

For the Furnishings, Fixtures & Appliances subindustry, Changhong Meiling 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.

Changhong Meiling Co's Market Cap Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Changhong Meiling Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Changhong Meiling Co's Market Cap falls into.

Changhong Meiling 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.

Changhong Meiling 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 )
	=	¥5.63	*	1029.92
	=	¥5,798

Changhong Meiling 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 )
	=	¥9.29	*	1029.92
	=	¥9,568

Changhong Meiling Co (SZSE:000521) 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.

Changhong Meiling Co Market Cap Related Terms

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Changhong Meiling Co (SZSE:000521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Changhong Meiling Co Ltd (SZSE:000521) » Definitions » Market Cap

Traded in Other Exchanges

200521:China

Address

No. 2163, Lianhua Road, Economic and technology Development Zone, Hefei, Anhui, CHN, 230601

Website

http://www.meiling.com

Changhong Meiling Co Ltd functions in the consumer electronic industry of China. Its product portfolio comprises of refrigerators, air conditioners, washing machines and other household appliances. Hefei Meiling conducts its operations through five segments; Air-conditioning, Refrigerator & freezer & washing machine, Marketing, Small home appliance and Others. The company's washing machine varieties include fully automatic, roller and double barrel and the air conditioning products range include Guiji and Goodbye.

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