Hebei Yichen Industrial Group (HKSE:01596) Market Cap : HK$3,214 Mil (As of Apr. 29, 2024)

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What is Hebei Yichen Industrial Group 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). Hebei Yichen Industrial Group's share price for the quarter that ended in Jun. 2023 was HK$4.24. Hebei Yichen Industrial Group's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 898 Mil. Therefore, Hebei Yichen Industrial Group's market cap for the quarter that ended in Jun. 2023 was HK$3,807 Mil.

Hebei Yichen Industrial Group's quarterly market cap increased from Jun. 2022 (HK$4,040 Mil) to Dec. 2022 (HK$4,893 Mil) but then declined from Dec. 2022 (HK$4,893 Mil) to Jun. 2023 (HK$3,807 Mil).

Hebei Yichen Industrial Group's annual market cap increased from Dec. 2020 (HK$3,726 Mil) to Dec. 2021 (HK$4,893 Mil) but then stayed the same from Dec. 2021 (HK$4,893 Mil) to Dec. 2022 (HK$4,893 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. Hebei Yichen Industrial Group's Enterprise Value for Today is HK$3,383 Mil.

Hebei Yichen Industrial Group Market Cap Historical Data

The historical data trend for Hebei Yichen Industrial Group'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.

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Hebei Yichen Industrial Group Market Cap Chart

Hebei Yichen Industrial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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4,408.39

3,726.04

4,893.23

3,582.38

Hebei Yichen Industrial Group Semi-Annual Data
	Dec13	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															4,893.23	4,040.28	4,893.23	3,806.84	3,582.38

Competitive Comparison of Hebei Yichen Industrial Group's Market Cap

For the Railroads subindustry, Hebei Yichen Industrial Group'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.

Hebei Yichen Industrial Group's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Hebei Yichen Industrial Group's Market Cap falls into.

Hebei Yichen Industrial Group 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.

Hebei Yichen Industrial Group'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$5.45	*	897.84
	=	HK$4,893

Hebei Yichen Industrial Group'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$4.24	*	897.84
	=	HK$3,807

Hebei Yichen Industrial Group (HKSE:01596) 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.

Hebei Yichen Industrial Group Market Cap Related Terms

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Hebei Yichen Industrial Group (HKSE:01596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hebei Yichen Industrial Group Corp Ltd (HKSE:01596) » Definitions » Market Cap

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HE2:Germany

Address

No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN

Website

http://www.hbyc.com.cn

Hebei Yichen Industrial Group Corp Ltd is one of the leading rail fastening system providers in the PRC, with the business focusing on three business segments namely Rail Fastening System Products; Welding Wire Products; and Railway Sleeper Products. Its maximum revenue is generated by the Rail fastening system segment. Some of its product includes the Spring bar type IV fastener system; the WJ-7 type fastener system; the DT-VI2 fastener system; Double-layer nonlinear shock-absorbing fastener system; the Spring bar II type fastener system and others.

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