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). Honghua Group's share price for the quarter that ended in Dec. 2023 was HK$0.109. Honghua Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 9,040 Mil. Therefore, Honghua Group's market cap for the quarter that ended in Dec. 2023 was HK$985 Mil.
Honghua Group's quarterly market cap
declined
from Dec. 2022 (HK$1,280 Mil) to Jun. 2023 (HK$1,157 Mil) and
declined
from Jun. 2023 (HK$1,157 Mil) to Dec. 2023 (HK$985 Mil).
Honghua Group's annual market cap
declined
from Dec. 2021 (HK$1,473 Mil) to Dec. 2022 (HK$1,280 Mil) and
declined
from Dec. 2022 (HK$1,280 Mil) to Dec. 2023 (HK$985 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. Honghua Group's Enterprise Value for Today is HK$4,910 Mil.
Honghua Group Market Cap Historical Data
The historical data trend for Honghua 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.
Competitive Comparison of Honghua Group's Market Cap
For the Oil & Gas Equipment & Services subindustry, Honghua 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.
Honghua Group's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Honghua Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Honghua Group's Market Cap falls into.
Honghua 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.
Honghua Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Honghua Group (HKSE:00196) 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 companys 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.
Honghua Group Market Cap Related Terms
Thank you for viewing the detailed overview of Honghua Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Honghua Group Ltd is engaged in manufacturing drilling rigs, oil and gas exploitation equipment, providing drilling services and fracturing. It manufactures conventional land drilling rigs, digital drilling rigs, accessories for drilling rigs, as well as the parts and components for the drilling rigs or the maintenance of the drilling rigs in operation. Its segments include Land drilling rigs; Parts and components and others; Drilling engineering services; and Fracturing. It derives a majority of revenue from Parts and components and others segment. Geographically it operates in the PRC, Americas, Middle East, Europe and Central Asia, South Asia and South East, and Africa, of which prime revenue is derived from the PRC.
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