Tian Lun Gas Holdings's quarterly market cap
increased
from Dec. 2022 (HK$3,783 Mil) to Jun. 2023 (HK$5,330 Mil) but then
declined
from Jun. 2023 (HK$5,330 Mil) to Dec. 2023 (HK$4,167 Mil).
Tian Lun Gas Holdings's annual market cap
declined
from Dec. 2021 (HK$8,185 Mil) to Dec. 2022 (HK$3,783 Mil) but then
increased
from Dec. 2022 (HK$3,783 Mil) to Dec. 2023 (HK$4,167 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. Tian Lun Gas Holdings's Enterprise Value for Today is HK$10,835 Mil.
* 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 Tian Lun Gas Holdings's Market Cap
For the Utilities - Regulated Gas subindustry, Tian Lun Gas 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.
Tian Lun Gas Holdings's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Tian Lun Gas Holdings's Market Cap falls into.
Tian Lun Gas 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.
Tian Lun Gas Holdings'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.
Tian Lun Gas Holdings (HKSE:01600) 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.
Tian Lun Gas Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Tian Lun Gas Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tian Lun Gas Holdings (HKSE:01600) Business Description
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.
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