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Higoshipping Co (BJSE:872351) Market Cap : ¥565 Mil (As of Jun. 06, 2024)


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What is Higoshipping 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). Higoshipping Co's share price for the quarter that ended in Mar. 2024 was ¥6.76. Higoshipping Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 88 Mil. Therefore, Higoshipping Co's market cap for the quarter that ended in Mar. 2024 was ¥595 Mil.

Higoshipping Co's quarterly market cap increased from Sep. 2023 (¥502 Mil) to Dec. 2023 (¥838 Mil) but then declined from Dec. 2023 (¥838 Mil) to Mar. 2024 (¥595 Mil).

Higoshipping Co's annual market cap increased from Dec. 2021 (¥227 Mil) to Dec. 2022 (¥522 Mil) and increased from Dec. 2022 (¥522 Mil) to Dec. 2023 (¥838 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. Higoshipping Co's Enterprise Value for Today is ¥465 Mil.


Higoshipping Co Market Cap Historical Data

The historical data trend for Higoshipping 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.

Higoshipping Co Market Cap Chart

Higoshipping Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only 214.37 225.60 226.79 522.21 838.45

Higoshipping Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 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 513.09 503.98 502.16 838.45 595.12

Competitive Comparison of Higoshipping Co's Market Cap

For the Marine Shipping subindustry, Higoshipping 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.


Higoshipping Co's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Higoshipping Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Higoshipping Co's Market Cap falls into.



Higoshipping 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.

Higoshipping 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 )
=¥9.2*91.1354
=¥838

Higoshipping 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 )
=¥6.76*88.0354
=¥595

* 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.


Higoshipping Co  (BJSE:872351) 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.


Higoshipping Co Market Cap Related Terms

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Higoshipping Co (BJSE:872351) Business Description

Traded in Other Exchanges
N/A
Address
Furong Middle Road, Room 1910, Xinshikong, No. 398, Section 3, Tianxin District, Hunan Province, Changsha City, CHN, 410007
Higoshipping Co Ltd is a logistics enterprise integrating domestic feeder container liner transportation, international shipping agency, international freight forwarder, and third-party logistics. The company's shipping lines mainly include river-sea container shipping from Changsha Port to Shanghai Outer Port, International freight forwarding, river-ocean combined transport container liner transport, and road transport on the feeder line of the Yangtze River.

Higoshipping Co (BJSE:872351) Headlines

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