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). Tongguan Gold Group's share price for the quarter that ended in Dec. 2023 was HK$0.435. Tongguan Gold Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 4,070 Mil. Therefore, Tongguan Gold Group's market cap for the quarter that ended in Dec. 2023 was HK$1,771 Mil.
Tongguan Gold Group's quarterly market cap
increased
from Dec. 2022 (HK$1,238 Mil) to Jun. 2023 (HK$2,035 Mil) but then
declined
from Jun. 2023 (HK$2,035 Mil) to Dec. 2023 (HK$1,771 Mil).
Tongguan Gold Group's annual market cap
declined
from Dec. 2021 (HK$2,375 Mil) to Dec. 2022 (HK$1,238 Mil) but then
increased
from Dec. 2022 (HK$1,238 Mil) to Dec. 2023 (HK$1,771 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. Tongguan Gold Group's Enterprise Value for Today is HK$2,443 Mil.
Tongguan Gold Group Market Cap Historical Data
The historical data trend for Tongguan Gold 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 Tongguan Gold Group's Market Cap
For the Gold subindustry, Tongguan Gold 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.
Tongguan Gold Group's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tongguan Gold Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Tongguan Gold Group's Market Cap falls into.
Tongguan Gold 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.
Tongguan Gold 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.
Tongguan Gold Group (HKSE:00340) 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.
Tongguan Gold Group Market Cap Related Terms
Thank you for viewing the detailed overview of Tongguan Gold Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tongguan Gold Group (HKSE:00340) Business Description
Tongguan Gold Group Ltd operates as an investment holding company. It operates through one segment, the Gold mining operation, that engages in the exploration, mining, processing, and sale of gold concentrates and related products. All of its revenues come from the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00340 has been successfully added to your 