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China New Higher Education Group (FRA:8CN) Market Cap : €404.2 Mil (As of Jun. 19, 2024)


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What is China New Higher Education Group 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). China New Higher Education Group's share price for the quarter that ended in Feb. 2024 was €0.276. China New Higher Education Group's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 1,555.3 Mil. Therefore, China New Higher Education Group's market cap for the quarter that ended in Feb. 2024 was €429.2 Mil.

China New Higher Education Group's quarterly market cap declined from Feb. 2023 (€556.8 Mil) to Aug. 2023 (€447.9 Mil) and declined from Aug. 2023 (€447.9 Mil) to Feb. 2024 (€429.2 Mil).

China New Higher Education Group's annual market cap declined from Aug. 2021 (€672.4 Mil) to Aug. 2022 (€475.0 Mil) and declined from Aug. 2022 (€475.0 Mil) to Aug. 2023 (€447.9 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. China New Higher Education Group's Enterprise Value for Today is €721.7 Mil.


China New Higher Education Group Market Cap Historical Data

The historical data trend for China New Higher Education Group'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.

China New Higher Education Group Market Cap Chart

China New Higher Education Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Aug20 Aug21 Aug22 Aug23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 493.15 - 672.39 474.95 447.91

China New Higher Education Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 489.04 474.95 556.78 447.91 429.25

Competitive Comparison of China New Higher Education Group's Market Cap

For the Education & Training Services subindustry, China New Higher Education Group'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.


China New Higher Education Group's Market Cap Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Market Cap distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Market Cap falls into.



China New Higher Education Group 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.

China New Higher Education Group's Market Cap for the fiscal year that ended in Aug. 2023 is calculated as

Market Cap (A: Aug. 2023 )=Share Price (A: Aug. 2023 )*Shares Outstanding (EOP) (A: Aug. 2023 )
=€0.288*1555.25
=€447.9

China New Higher Education Group's Market Cap for the quarter that ended in Feb. 2024 is calculated as

Market Cap (Q: Feb. 2024 )=Share Price (Q: Feb. 2024 )*Shares Outstanding (EOP) (Q: Feb. 2024 )
=€0.276*1555.25
=€429.2

* 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.


China New Higher Education Group  (FRA:8CN) 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.


China New Higher Education Group Market Cap Related Terms

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China New Higher Education Group (FRA:8CN) Business Description

Traded in Other Exchanges
Address
5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 140,000 for the academic year 2023/24 from 33,462 students as of December 2016. The rapid expansion is primarily attributable to school acquisitions. CNHE currently operates eight schools, up from only two schools in 2016.

China New Higher Education Group (FRA:8CN) Headlines

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