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). SOCAM Development's share price for the quarter that ended in Dec. 2023 was HK$0.73. SOCAM Development's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 373 Mil. Therefore, SOCAM Development's market cap for the quarter that ended in Dec. 2023 was HK$273 Mil.
SOCAM Development's quarterly market cap
declined
from Dec. 2022 (HK$422 Mil) to Jun. 2023 (HK$396 Mil) and
declined
from Jun. 2023 (HK$396 Mil) to Dec. 2023 (HK$273 Mil).
SOCAM Development's annual market cap
declined
from Dec. 2021 (HK$479 Mil) to Dec. 2022 (HK$422 Mil) and
declined
from Dec. 2022 (HK$422 Mil) to Dec. 2023 (HK$273 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. SOCAM Development's Enterprise Value for Today is HK$2,718 Mil.
SOCAM Development Market Cap Historical Data
The historical data trend for SOCAM Development'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 SOCAM Development's Market Cap
For the Real Estate - Development subindustry, SOCAM Development'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.
SOCAM Development's Market Cap Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, SOCAM Development's Market Cap distribution charts can be found below:
* The bar in red indicates where SOCAM Development's Market Cap falls into.
SOCAM Development 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.
SOCAM Development'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.
SOCAM Development (HKSE:00983) 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.
SOCAM Development Market Cap Related Terms
Thank you for viewing the detailed overview of SOCAM Development's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
SOCAM Development (HKSE:00983) Business Description
SOCAM Development Ltd is an investment holding company. The company along with its subsidiaries is principally engaged in property segment which includes Property development and construction and maintenance segment includes contracting ,renovation and fitting out, smart facilities management and Other businesses segment includes venture capital investment and others. The group's majority of the revenue comes from Construction and maintenance segment in which Hongkong is the major contributor when it comes to revenue.
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