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Lizhong Sitong Light Alloys Group Co (SZSE:300428) Market Cap : ¥12,742 Mil (As of May. 23, 2024)


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What is Lizhong Sitong Light Alloys 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). Lizhong Sitong Light Alloys Group Co's share price for the quarter that ended in Mar. 2024 was ¥17.2. Lizhong Sitong Light Alloys Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 626 Mil. Therefore, Lizhong Sitong Light Alloys Group Co's market cap for the quarter that ended in Mar. 2024 was ¥10,768 Mil.

Lizhong Sitong Light Alloys Group Co's quarterly market cap declined from Sep. 2023 (¥14,147 Mil) to Dec. 2023 (¥13,222 Mil) and declined from Dec. 2023 (¥13,222 Mil) to Mar. 2024 (¥10,768 Mil).

Lizhong Sitong Light Alloys Group Co's annual market cap declined from Dec. 2021 (¥16,226 Mil) to Dec. 2022 (¥15,270 Mil) and declined from Dec. 2022 (¥15,270 Mil) to Dec. 2023 (¥13,222 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. Lizhong Sitong Light Alloys Group Co's Enterprise Value for Today is ¥19,984 Mil.


Lizhong Sitong Light Alloys Group Co Market Cap Historical Data

The historical data trend for Lizhong Sitong Light Alloys 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.

Lizhong Sitong Light Alloys Group Co Market Cap Chart

Lizhong Sitong Light Alloys 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 8,131.87 8,357.43 16,225.97 15,269.69 13,221.54

Lizhong Sitong Light Alloys 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 16,552.96 14,415.31 14,146.51 13,221.54 10,767.54

Competitive Comparison of Lizhong Sitong Light Alloys Group Co's Market Cap

For the Aluminum subindustry, Lizhong Sitong Light Alloys 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.


Lizhong Sitong Light Alloys Group Co's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lizhong Sitong Light Alloys Group Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Lizhong Sitong Light Alloys Group Co's Market Cap falls into.



Lizhong Sitong Light Alloys 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.

Lizhong Sitong Light Alloys 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 )
=¥21.12*626.02
=¥13,222

Lizhong Sitong Light Alloys 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 )
=¥17.2*626.02
=¥10,768

* 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.


Lizhong Sitong Light Alloys Group Co  (SZSE:300428) 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.


Lizhong Sitong Light Alloys Group Co Market Cap Related Terms

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Lizhong Sitong Light Alloys Group Co (SZSE:300428) Business Description

Traded in Other Exchanges
N/A
Address
No. 359, West Development Road, Qingyuan District, Baoding, CHN, 071100
Lizhong Sitong Light Alloys Group Co Ltd formerly Hebei Sitong New Metal Material Co Ltd is specialized in Research and Development, manufacturing and sales of functional intermediate alloys such as metal grain refinement, metallographic deterioration, element addition and metal purification. Its products include Aluminum base alloy, Magnesium based master alloy, Zinc-based intermediate alloy and Copper base alloy. Its main objective is to research and manufacture aluminum-based steel and aluminum-based copper materials, to promote the light weight of automobiles, rail transit, aerospace materials and the performance of electrical and electronic products.

Lizhong Sitong Light Alloys Group Co (SZSE:300428) Headlines

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