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Zhejiang Tianhong Lithiumion Battery (BJSE:873152) Market Cap : ¥700.1 Mil (As of Jun. 13, 2024)


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What is Zhejiang Tianhong Lithiumion Battery 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). Zhejiang Tianhong Lithiumion Battery's share price for the quarter that ended in Mar. 2024 was ¥8.79. Zhejiang Tianhong Lithiumion Battery's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 102.7 Mil. Therefore, Zhejiang Tianhong Lithiumion Battery's market cap for the quarter that ended in Mar. 2024 was ¥902.3 Mil.

Zhejiang Tianhong Lithiumion Battery's quarterly market cap increased from Sep. 2023 (¥644.6 Mil) to Dec. 2023 (¥1,254.4 Mil) but then declined from Dec. 2023 (¥1,254.4 Mil) to Mar. 2024 (¥902.3 Mil).

Zhejiang Tianhong Lithiumion Battery's annual market cap declined from Dec. 2021 (¥1,205.7 Mil) to Dec. 2022 (¥898.4 Mil) but then increased from Dec. 2022 (¥898.4 Mil) to Dec. 2023 (¥1,254.4 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. Zhejiang Tianhong Lithiumion Battery's Enterprise Value for Today is ¥605.4 Mil.


Zhejiang Tianhong Lithiumion Battery Market Cap Historical Data

The historical data trend for Zhejiang Tianhong Lithiumion Battery'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.

Zhejiang Tianhong Lithiumion Battery Market Cap Chart

Zhejiang Tianhong Lithiumion Battery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 221.21 1,205.69 898.38 1,254.40

Zhejiang Tianhong Lithiumion Battery 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 970.45 821.21 644.65 1,254.40 902.30

Competitive Comparison of Zhejiang Tianhong Lithiumion Battery's Market Cap

For the Electrical Equipment & Parts subindustry, Zhejiang Tianhong Lithiumion Battery'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.


Zhejiang Tianhong Lithiumion Battery's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tianhong Lithiumion Battery's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Tianhong Lithiumion Battery's Market Cap falls into.



Zhejiang Tianhong Lithiumion Battery 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.

Zhejiang Tianhong Lithiumion Battery'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 )
=¥12.22*102.651
=¥1,254.4

Zhejiang Tianhong Lithiumion Battery'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 )
=¥8.79*102.651
=¥902.3

* 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.


Zhejiang Tianhong Lithiumion Battery  (BJSE:873152) 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.


Zhejiang Tianhong Lithiumion Battery Market Cap Related Terms

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Zhejiang Tianhong Lithiumion Battery (BJSE:873152) Business Description

Traded in Other Exchanges
N/A
Address
No. 318, Changcheng Road, Taihu Street, Changxing County, Zhejiang Province, Huzhou City, CHN, 313100
Zhejiang Tianhong Lithiumion Battery Ltd engages in the research, development, design, assembly, and sales of lithium-ion battery modules. It mainly produces three series of lithium batteries: power type, energy storage type, and industrial lighting. Its products include E-bike batteries, Motorcycle batteries, Forklift batteries, E-scooter batteries, and Energy storage batteries.

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