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Chongqing Hong Xi Technology Co (BJSE:871857) Market Cap : ¥864.4 Mil (As of Jun. 22, 2024)


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What is Chongqing Hong Xi 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). Chongqing Hong Xi Technology Co's share price for the quarter that ended in Mar. 2024 was ¥14.54. Chongqing Hong Xi Technology Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 74.0 Mil. Therefore, Chongqing Hong Xi Technology Co's market cap for the quarter that ended in Mar. 2024 was ¥1,076.1 Mil.

Chongqing Hong Xi Technology Co's quarterly market cap increased from Sep. 2023 (¥598.7 Mil) to Dec. 2023 (¥1,438.0 Mil) but then declined from Dec. 2023 (¥1,438.0 Mil) to Mar. 2024 (¥1,076.1 Mil).

Chongqing Hong Xi Technology Co's annual market cap declined from Dec. 2021 (¥791.9 Mil) to Dec. 2022 (¥643.9 Mil) but then increased from Dec. 2022 (¥643.9 Mil) to Dec. 2023 (¥1,438.0 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. Chongqing Hong Xi Technology Co's Enterprise Value for Today is ¥729.0 Mil.


Chongqing Hong Xi Technology Co Market Cap Historical Data

The historical data trend for Chongqing Hong Xi 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.

Chongqing Hong Xi Technology Co Market Cap Chart

Chongqing Hong Xi Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only - 517.01 791.88 643.86 1,437.96

Chongqing Hong Xi Technology Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 626.10 602.42 598.72 1,437.96 1,076.06

Competitive Comparison of Chongqing Hong Xi Technology Co's Market Cap

For the Electronic Components subindustry, Chongqing Hong Xi 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.


Chongqing Hong Xi Technology Co's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chongqing Hong Xi Technology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Chongqing Hong Xi Technology Co's Market Cap falls into.



Chongqing Hong Xi 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.

Chongqing Hong Xi 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 )
=¥19.43*74.0071
=¥1,438.0

Chongqing Hong Xi 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 )
=¥14.54*74.0071
=¥1,076.1

* 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.


Chongqing Hong Xi Technology Co  (BJSE:871857) 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.


Chongqing Hong Xi Technology Co Market Cap Related Terms

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Chongqing Hong Xi Technology Co (BJSE:871857) Business Description

Traded in Other Exchanges
N/A
Address
No. 2868 Puti East Road, Changshou District, Chongqing, CHN, 401220
Chongqing Hong Xi Technology Co Ltd engages in the design, research and development, production, and sales of high-precision electronic wire components and miniature electroacoustic devices. The company's products mainly include extremely fine coaxial lines, very fine Teflon lines, and electronic wire, the company's products are mainly used in notebook computers, communications, digital and other products.

Chongqing Hong Xi Technology Co (BJSE:871857) Headlines

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