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Tiangong International Co (HKSE:00826) Market Cap : HK$5,082 Mil (As of May. 15, 2024)


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What is Tiangong International Co 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). Tiangong International Co's share price for the quarter that ended in Dec. 2023 was HK$2.1. Tiangong International Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,775 Mil. Therefore, Tiangong International Co's market cap for the quarter that ended in Dec. 2023 was HK$5,828 Mil.

Tiangong International Co's quarterly market cap declined from Dec. 2022 (HK$8,021 Mil) to Jun. 2023 (HK$5,273 Mil) but then increased from Jun. 2023 (HK$5,273 Mil) to Dec. 2023 (HK$5,828 Mil).

Tiangong International Co's annual market cap declined from Dec. 2021 (HK$13,332 Mil) to Dec. 2022 (HK$8,021 Mil) and declined from Dec. 2022 (HK$8,021 Mil) to Dec. 2023 (HK$5,828 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. Tiangong International Co's Enterprise Value for Today is HK$5,987 Mil.


Tiangong International Co Market Cap Historical Data

The historical data trend for Tiangong International Co'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.

Tiangong International Co Market Cap Chart

Tiangong International Co 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 8,349.41 9,018.70 13,332.15 8,020.80 5,827.50

Tiangong International Co 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 13,332.15 7,881.55 8,020.80 5,272.50 5,827.50

Competitive Comparison of Tiangong International Co's Market Cap

For the Steel subindustry, Tiangong International 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.


Tiangong International Co's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tiangong International Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Tiangong International Co's Market Cap falls into.



Tiangong International 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.

Tiangong International Co'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$2.1*2775
=HK$5,828

Tiangong International Co'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$2.1*2775
=HK$5,828

* 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.


Tiangong International Co  (HKSE:00826) 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.


Tiangong International Co Market Cap Related Terms

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Tiangong International Co (HKSE:00826) Business Description

Traded in Other Exchanges
Address
Houxiang Town, Jiangsu Province, Danyang City, CHN, 212312
Tiangong International Co Ltd is engaged in the manufacturing and sales of high alloy steel, cutting tools, titanium alloy, trading of goods and others. The reportable segments of the company are, 1) The DS segment manufactures and sells materials that are used in the die set manufacturing industry. 2) The HSS segment manufactures and sells materials that are used in the tools manufacturing industry. 3) The cutting tools segment manufactures and sells HSS and carbide cutting tools to the tooling industry. 4) The titanium alloy segment manufactures and sells titanium alloys to the titanium industry. 5) The trading of goods segment sells general carbon steel products that are not within the Group's production scope. 6) Others segment assembles and sells power tools kits.

Tiangong International Co (HKSE:00826) Headlines

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