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Huarong International Financial Holdings (HKSE:00993) Market Cap : HK$461.6 Mil (As of May. 07, 2024)


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What is Huarong International 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). Huarong International Financial Holdings's share price for the quarter that ended in Jun. 2023 was HK$0.052. Huarong International Financial Holdings's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 8,709.6 Mil. Therefore, Huarong International Financial Holdings's market cap for the quarter that ended in Jun. 2023 was HK$452.9 Mil.

Huarong International Financial Holdings's quarterly market cap declined from Jun. 2022 (HK$1,254.2 Mil) to Dec. 2022 (HK$1,045.2 Mil) and declined from Dec. 2022 (HK$1,045.2 Mil) to Jun. 2023 (HK$452.9 Mil).

Huarong International Financial Holdings's annual market cap increased from Dec. 2020 (HK$1,411.0 Mil) to Dec. 2021 (HK$1,707.2 Mil) but then declined from Dec. 2021 (HK$1,707.2 Mil) to Dec. 2022 (HK$1,045.2 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. Huarong International Financial Holdings's Enterprise Value for Today is HK$3,505.4 Mil.


Huarong International Financial Holdings Market Cap Historical Data

The historical data trend for Huarong International 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.

Huarong International Financial Holdings Market Cap Chart

Huarong International Financial Holdings Annual Data
Trend Apr14 Apr15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 789.46 1,411.02 1,707.16 1,045.20 522.58

Huarong International Financial Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 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 1,707.16 1,254.24 1,045.20 452.90 522.58

Competitive Comparison of Huarong International Financial Holdings's Market Cap

For the Asset Management subindustry, Huarong International 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.


Huarong International Financial Holdings's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Huarong International Financial Holdings's Market Cap distribution charts can be found below:

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



Huarong International 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.

Huarong International Financial Holdings's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=HK$0.12*8710
=HK$1,045.2

Huarong International Financial Holdings's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )=Share Price (Q: Jun. 2023 )*Shares Outstanding (EOP) (Q: Jun. 2023 )
=HK$0.052*8709.59
=HK$452.9

* 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.


Huarong International Financial Holdings  (HKSE:00993) 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.


Huarong International Financial Holdings Market Cap Related Terms

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Huarong International Financial Holdings (HKSE:00993) Business Description

Traded in Other Exchanges
Address
60 Gloucester Road, 15th Floor, China Huarong Tower, Wanchai, Hong Kong, HKG
Huarong International Financial Holdings Ltd is a finance company that provides brokerage services on securities, investment banking, futures, and asset management. The company operates through four segments. The securities segment is composed of the brokerage and trading of securities, futures and options contracts, and margin financing services. The corporate finance segment provides securities underwriting, sponsoring, and financial advisory services to institutional clients. The asset management and direct investment segment consists of asset management services and direct investments in equities, bonds, funds, derivative instruments, and other financial products. The financial services and others segment comprises finance lease services and business consulting services.

Huarong International Financial Holdings (HKSE:00993) Headlines

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