China Minsheng Banking's quarterly market cap
declined
from Mar. 2024 (HK$118,650 Mil) to Jun. 2024 (HK$118,212 Mil) but then
increased
from Jun. 2024 (HK$118,212 Mil) to Sep. 2024 (HK$138,790 Mil).
China Minsheng Banking's annual market cap
declined
from Dec. 2021 (HK$130,472 Mil) to Dec. 2022 (HK$118,212 Mil) and
declined
from Dec. 2022 (HK$118,212 Mil) to Dec. 2023 (HK$116,023 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. China Minsheng Banking's Enterprise Value for Today is HK$572,057 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 China Minsheng Banking's Market Cap
For the Banks - Regional subindustry, China Minsheng Banking'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.
China Minsheng Banking's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, China Minsheng Banking's Market Cap distribution charts can be found below:
* The bar in red indicates where China Minsheng Banking's Market Cap falls into.
China Minsheng Banking 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.
China Minsheng Banking'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.
China Minsheng Banking (HKSE:01988) 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.
China Minsheng Banking Market Cap Related Terms
Thank you for viewing the detailed overview of China Minsheng Banking's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange and the Hong Kong Exchange in 2000 and 2009, respectively. CMBC positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. The bank has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01988 has been successfully added to your 