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). Hingtex Holdings's share price for the quarter that ended in Jun. 2024 was HK$0.132. Hingtex Holdings's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 640.0 Mil. Therefore, Hingtex Holdings's market cap for the quarter that ended in Jun. 2024 was HK$84.5 Mil.
Hingtex Holdings's quarterly market cap
declined
from Jun. 2023 (HK$101.8 Mil) to Dec. 2023 (HK$75.5 Mil) but then
increased
from Dec. 2023 (HK$75.5 Mil) to Jun. 2024 (HK$84.5 Mil).
Hingtex Holdings's annual market cap
declined
from Dec. 2021 (HK$115.2 Mil) to Dec. 2022 (HK$89.0 Mil) and
declined
from Dec. 2022 (HK$89.0 Mil) to Dec. 2023 (HK$75.5 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. Hingtex Holdings's Enterprise Value for Today is HK$23.4 Mil.
Hingtex Holdings Market Cap Historical Data
The historical data trend for Hingtex 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.
Competitive Comparison of Hingtex Holdings's Market Cap
For the Textile Manufacturing subindustry, Hingtex 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.
Hingtex Holdings's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hingtex Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Hingtex Holdings's Market Cap falls into.
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.
Hingtex 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.
Hingtex Holdings (HKSE:01968) 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.
Hingtex Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Hingtex Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Hingtex Holdings Ltd manufactures and sells denim fabric. It sells denim fabrics and yarns directly to customers, which mainly include garment manufacturers. The company's denim fabrics are categorized into three types, namely non-stretchable denim fabrics, stretchable cotton denim fabrics, and stretchable blended denim fabrics. Geographically, it has a world-wide business presence and derives key revenue from the PRC and Hong Kong.
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