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Heatking Induction Technology (Shiyan) Co (BJSE:838670) Market Cap : ¥984.90 Mil (As of Jun. 17, 2024)


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What is Heatking Induction Technology (Shiyan) 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). Heatking Induction Technology (Shiyan) Co's share price for the quarter that ended in Mar. 2024 was ¥9.4. Heatking Induction Technology (Shiyan) Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 134.00 Mil. Therefore, Heatking Induction Technology (Shiyan) Co's market cap for the quarter that ended in Mar. 2024 was ¥1,259.60 Mil.

Heatking Induction Technology (Shiyan) Co's quarterly market cap increased from Sep. 2023 (¥822.76 Mil) to Dec. 2023 (¥2,001.96 Mil) but then declined from Dec. 2023 (¥2,001.96 Mil) to Mar. 2024 (¥1,259.60 Mil).

Heatking Induction Technology (Shiyan) Co's annual market cap declined from Dec. 2021 (¥5,982.72 Mil) to Dec. 2022 (¥1,135.65 Mil) but then increased from Dec. 2022 (¥1,135.65 Mil) to Dec. 2023 (¥2,001.96 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. Heatking Induction Technology (Shiyan) Co's Enterprise Value for Today is ¥642.21 Mil.


Heatking Induction Technology (Shiyan) Co Market Cap Historical Data

The historical data trend for Heatking Induction Technology (Shiyan) 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.

Heatking Induction Technology (Shiyan) Co Market Cap Chart

Heatking Induction Technology (Shiyan) 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 162.54 596.98 5,982.72 1,135.65 2,001.96

Heatking Induction Technology (Shiyan) Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 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 1,161.78 1,067.98 822.76 2,001.96 1,259.60

Competitive Comparison of Heatking Induction Technology (Shiyan) Co's Market Cap

For the Specialty Industrial Machinery subindustry, Heatking Induction Technology (Shiyan) 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.


Heatking Induction Technology (Shiyan) Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heatking Induction Technology (Shiyan) Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Heatking Induction Technology (Shiyan) Co's Market Cap falls into.



Heatking Induction Technology (Shiyan) 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.

Heatking Induction Technology (Shiyan) 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 )
=¥14.94*134
=¥2,001.96

Heatking Induction Technology (Shiyan) 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 )
=¥9.4*134
=¥1,259.60

* 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.


Heatking Induction Technology (Shiyan) Co  (BJSE:838670) 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.


Heatking Induction Technology (Shiyan) Co Market Cap Related Terms

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Heatking Induction Technology (Shiyan) Co (BJSE:838670) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Pulin 1st Road, Pulin Industrial Park, Hubei Province, Shiyan City, CHN, 442000
Heatking Induction Technology (Shiyan) Co Ltd engages in research and development, production, sales, and technical services of medium and high-end CNC induction heat treatment complete sets of equipment and key functional components. Its products comprise induction heating, machine workpiece, automotive workpiece, wind power workpiece, Heating Industry, Military Workpiece, Standard Equipment, Heat Treatment, Cooling System, Monitoring System, Power Switch, Heating Transformer, and Heating Coils & Inductors.

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