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). Huaneng Renewables's share price for the quarter that ended in Jun. 2019 was HK$2.15. Huaneng Renewables's Shares Outstanding (EOP) for the quarter that ended in Jun. 2019 was 10,567 Mil. Therefore, Huaneng Renewables's market cap for the quarter that ended in Jun. 2019 was HK$22,718 Mil.
Huaneng Renewables's quarterly market cap
declined
from Jun. 2018 (HK$27,579 Mil) to Dec. 2018 (HK$22,190 Mil) but then
increased
from Dec. 2018 (HK$22,190 Mil) to Jun. 2019 (HK$22,718 Mil).
Huaneng Renewables's annual market cap
increased
from Dec. 2016 (HK$24,515 Mil) to Dec. 2017 (HK$28,001 Mil) but then
declined
from Dec. 2017 (HK$28,001 Mil) to Dec. 2018 (HK$22,190 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. Huaneng Renewables's Enterprise Value for Today is HK$33,285 Mil.
Huaneng Renewables Market Cap Historical Data
The historical data trend for Huaneng Renewables'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 Huaneng Renewables's Market Cap
For the Utilities - Renewable subindustry, Huaneng Renewables'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.
Huaneng Renewables's Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Renewables's Market Cap distribution charts can be found below:
* The bar in red indicates where Huaneng Renewables's Market Cap falls into.
Huaneng Renewables 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.
Huaneng Renewables's Market Cap for the fiscal year that ended in Dec. 2018 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.
Huaneng Renewables (HKSE:00958) 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.
Huaneng Renewables Market Cap Related Terms
Thank you for viewing the detailed overview of Huaneng Renewables's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Huaneng Renewables (HKSE:00958) Business Description
Huaneng Renewables Corp Ltd is a Chinese electric utility of which the China Huaneng Group, one of the largest state-owned electric utility companies in China, owns a majority stake. Huaneng Renewables invests in, constructs, acquires, and operates renewable energy projects throughout China. Primarily, these projects take the form of onshore and offshore wind farms in northern China and solar power generating facilities in central China. The company generates the vast majority of its revenue by selling electricity produced at its alternative energy projects. Most of the energy generated by the firm comes from its wind power plants, while its solar power plants also produce a substantial amount.
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