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Luoyang North Glass Technology Co (SZSE:002613) Market Cap : ¥3,852 Mil (As of May. 23, 2024)


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What is Luoyang North Glass Technology 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). Luoyang North Glass Technology Co's share price for the quarter that ended in Mar. 2024 was ¥3.92. Luoyang North Glass Technology Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 937 Mil. Therefore, Luoyang North Glass Technology Co's market cap for the quarter that ended in Mar. 2024 was ¥3,674 Mil.

Luoyang North Glass Technology Co's quarterly market cap increased from Sep. 2023 (¥4,377 Mil) to Dec. 2023 (¥4,602 Mil) but then declined from Dec. 2023 (¥4,602 Mil) to Mar. 2024 (¥3,674 Mil).

Luoyang North Glass Technology Co's annual market cap increased from Dec. 2021 (¥3,449 Mil) to Dec. 2022 (¥4,302 Mil) and increased from Dec. 2022 (¥4,302 Mil) to Dec. 2023 (¥4,602 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. Luoyang North Glass Technology Co's Enterprise Value for Today is ¥3,138 Mil.


Luoyang North Glass Technology Co Market Cap Historical Data

The historical data trend for Luoyang North Glass Technology 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.

Luoyang North Glass Technology Co Market Cap Chart

Luoyang North Glass Technology 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 2,577.22 4,095.43 3,448.79 4,301.61 4,601.50

Luoyang North Glass Technology 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 4,742.08 4,339.10 4,376.58 4,601.50 3,673.71

Competitive Comparison of Luoyang North Glass Technology Co's Market Cap

For the Specialty Industrial Machinery subindustry, Luoyang North Glass Technology 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.


Luoyang North Glass Technology Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang North Glass Technology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Luoyang North Glass Technology Co's Market Cap falls into.



Luoyang North Glass Technology 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.

Luoyang North Glass Technology 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 )
=¥4.91*937.17
=¥4,602

Luoyang North Glass Technology 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 )
=¥3.92*937.17
=¥3,674

* 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.


Luoyang North Glass Technology Co  (SZSE:002613) 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.


Luoyang North Glass Technology Co Market Cap Related Terms

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Luoyang North Glass Technology Co (SZSE:002613) Business Description

Traded in Other Exchanges
N/A
Address
20 Binhe Road, High-tech Development Zone, Henan, Luoyang, CHN, 471003
Luoyang North Glass Technology Co Ltd is engaged in the research and development, and design of glass deep processing equipment and glass deep processing products. The products of the company include tempering furnace, coating production line, vertical edging machine, film system, glass screen printing line, and automated connection system.

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