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Asia Financial Holdings (HKSE:00662) Market Cap : HK$3,391 Mil (As of May. 17, 2024)


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What is Asia Financial Holdings 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). Asia Financial Holdings's share price for the quarter that ended in Dec. 2023 was HK$3.55. Asia Financial Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 929 Mil. Therefore, Asia Financial Holdings's market cap for the quarter that ended in Dec. 2023 was HK$3,299 Mil.

Asia Financial Holdings's quarterly market cap declined from Dec. 2022 (HK$3,324 Mil) to Jun. 2023 (HK$3,258 Mil) but then increased from Jun. 2023 (HK$3,258 Mil) to Dec. 2023 (HK$3,299 Mil).

Asia Financial Holdings's annual market cap declined from Dec. 2021 (HK$3,428 Mil) to Dec. 2022 (HK$3,324 Mil) and declined from Dec. 2022 (HK$3,324 Mil) to Dec. 2023 (HK$3,299 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. Asia Financial Holdings's Enterprise Value for Today is HK$509 Mil.


Asia Financial Holdings Market Cap Historical Data

The historical data trend for Asia Financial Holdings'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.

Asia Financial Holdings Market Cap Chart

Asia Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,842.77 3,597.16 3,428.33 3,324.47 3,299.00

Asia Financial Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3,428.33 3,236.42 3,324.47 3,257.60 3,299.00

Competitive Comparison of Asia Financial Holdings's Market Cap

For the Insurance - Life subindustry, Asia Financial Holdings'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.


Asia Financial Holdings's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Asia Financial Holdings's Market Cap distribution charts can be found below:

* The bar in red indicates where Asia Financial Holdings's Market Cap falls into.



Asia Financial Holdings 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.

Asia Financial Holdings'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 )
=HK$3.55*929.296
=HK$3,299

Asia Financial Holdings's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=HK$3.55*929.296
=HK$3,299

* 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.


Asia Financial Holdings  (HKSE:00662) 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.


Asia Financial Holdings Market Cap Related Terms

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Asia Financial Holdings (HKSE:00662) Business Description

Traded in Other Exchanges
N/A
Address
19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG
Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.

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