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Luoyang Kechuang New Material Co (BJSE:833580) Market Cap : ¥454.1 Mil (As of Sep. 23, 2024)


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What is Luoyang Kechuang New Material 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 Kechuang New Material Co's share price for the quarter that ended in Jun. 2024 was ¥5.45. Luoyang Kechuang New Material Co's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 86.0 Mil. Therefore, Luoyang Kechuang New Material Co's market cap for the quarter that ended in Jun. 2024 was ¥468.7 Mil.

Luoyang Kechuang New Material Co's quarterly market cap declined from Dec. 2023 (¥703.5 Mil) to Mar. 2024 (¥513.4 Mil) and declined from Mar. 2024 (¥513.4 Mil) to Jun. 2024 (¥468.7 Mil).

Luoyang Kechuang New Material Co's annual market cap increased from Dec. 2021 (¥91.3 Mil) to Dec. 2022 (¥365.5 Mil) and increased from Dec. 2022 (¥365.5 Mil) to Dec. 2023 (¥703.5 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 Kechuang New Material Co's Enterprise Value for Today is ¥383.6 Mil.


Luoyang Kechuang New Material Co Market Cap Historical Data

The historical data trend for Luoyang Kechuang New Material 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 Kechuang New Material Co Market Cap Chart

Luoyang Kechuang New Material 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 54.81 66.07 91.30 365.50 703.48

Luoyang Kechuang New Material Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 344.00 339.70 703.48 513.42 468.70

Competitive Comparison of Luoyang Kechuang New Material Co's Market Cap

For the Building Materials subindustry, Luoyang Kechuang New Material 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 Kechuang New Material Co's Market Cap Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Luoyang Kechuang New Material Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Luoyang Kechuang New Material Co's Market Cap falls into.



Luoyang Kechuang New Material 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 Kechuang New Material 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 )
=¥8.18*86
=¥

Luoyang Kechuang New Material Co's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )=Share Price (Q: Jun. 2024 )*Shares Outstanding (EOP) (Q: Jun. 2024 )
=¥5.45*86
=¥468.7

* 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 Kechuang New Material Co  (BJSE:833580) 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 Kechuang New Material Co Market Cap Related Terms

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Luoyang Kechuang New Material Co Business Description

Traded in Other Exchanges
N/A
Address
Dongwei 2nd Road, Jingjin Road,, Luoxin Industrial Cluster Area, Cijian Town, Xin'an County, Henan Province, Luoyang City, CHN, 471822
Luoyang Kechuang New Material Co Ltd engages in research and development, production, and sales of refractory materials for steel, nonferrous metals, and other industries. The company produces ladle bottom blowing argon gas permeable components, tundish and electric furnace refractories, castables, thermal insulation and anti-seepage materials, and others.

Luoyang Kechuang New Material Co Headlines

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