Maanshan Iron And Steel Co's quarterly market cap
stayed the same
from Mar. 2024 (HK$8,754 Mil) to Jun. 2024 (HK$8,754 Mil) but then
increased
from Jun. 2024 (HK$8,754 Mil) to Sep. 2024 (HK$9,684 Mil).
Maanshan Iron And Steel Co's annual market cap
declined
from Dec. 2021 (HK$22,024 Mil) to Dec. 2022 (HK$14,152 Mil) and
declined
from Dec. 2022 (HK$14,152 Mil) to Dec. 2023 (HK$9,529 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. Maanshan Iron And Steel Co's Enterprise Value for Today is HK$35,304 Mil.
Maanshan Iron And Steel Co Market Cap Historical Data
* 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 Maanshan Iron And Steel Co's Market Cap
For the Steel subindustry, Maanshan Iron And Steel 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.
Maanshan Iron And Steel Co's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Maanshan Iron And Steel Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Maanshan Iron And Steel Co's Market Cap falls into.
Maanshan Iron And Steel 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.
* 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.
Maanshan Iron And Steel Co (HKSE:00323) 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.
Maanshan Iron And Steel Co Market Cap Related Terms
Thank you for viewing the detailed overview of Maanshan Iron And Steel Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It focuses on the business of production and sales of iron and steel products and their by-products, and Masteel Finance mainly provides financial services within the Group.
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