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HK Asia Holdings (HKSE:01723) Market Cap : HK$120.0 Mil (As of Apr. 27, 2024)


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What is HK Asia 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). HK Asia Holdings's share price for the quarter that ended in Sep. 2023 was HK$0.161. HK Asia Holdings's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 400.0 Mil. Therefore, HK Asia Holdings's market cap for the quarter that ended in Sep. 2023 was HK$64.4 Mil.

HK Asia Holdings's quarterly market cap increased from Sep. 2022 (HK$71.6 Mil) to Mar. 2023 (HK$72.0 Mil) but then declined from Mar. 2023 (HK$72.0 Mil) to Sep. 2023 (HK$64.4 Mil).

HK Asia Holdings's annual market cap declined from Mar. 2021 (HK$1,376.0 Mil) to Mar. 2022 (HK$132.0 Mil) and declined from Mar. 2022 (HK$132.0 Mil) to Mar. 2023 (HK$72.0 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. HK Asia Holdings's Enterprise Value for Today is HK$65.3 Mil.


HK Asia Holdings Market Cap Historical Data

The historical data trend for HK Asia 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.

HK Asia Holdings Market Cap Chart

HK Asia Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial 1,488.00 1,432.00 1,376.00 132.00 72.00

HK Asia Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1,360.00 132.00 71.60 72.00 64.40

Competitive Comparison of HK Asia Holdings's Market Cap

For the Telecom Services subindustry, HK Asia 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.


HK Asia Holdings's Market Cap Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HK Asia Holdings's Market Cap distribution charts can be found below:

* The bar in red indicates where HK Asia Holdings's Market Cap falls into.



HK Asia 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.

HK Asia Holdings's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=HK$0.18*400
=HK$72.0

HK Asia Holdings's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=HK$0.161*400
=HK$64.4

* 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.


HK Asia Holdings  (HKSE:01723) 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.


HK Asia Holdings Market Cap Related Terms

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HK Asia Holdings (HKSE:01723) Business Description

Traded in Other Exchanges
N/A
Address
23 Wing Wo Street, Sheung Wan, 24th Floor, Chun Wo Commercial Centre, Hong Kong, HKG
HK Asia Holdings Ltd is principally engaged in wholesale and retail sales of the Pre-paid Products such as SIM Cards and Top-up Vouchers. The Group currently has one operating segment which is revenue from sale of the Pre-paid Products i.e. SIM Cards and top-up vouchers. Geographically, it operates only in Hong Kong.

HK Asia Holdings (HKSE:01723) Headlines

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