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). Jiu Rong Holdings's share price for the quarter that ended in Jun. 2023 was HK$0.021. Jiu Rong Holdings's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 5,472.0 Mil. Therefore, Jiu Rong Holdings's market cap for the quarter that ended in Jun. 2023 was HK$114.9 Mil.
Jiu Rong Holdings's quarterly market cap
increased
from Jun. 2022 (HK$426.8 Mil) to Dec. 2022 (HK$492.5 Mil) but then
declined
from Dec. 2022 (HK$492.5 Mil) to Jun. 2023 (HK$114.9 Mil).
Jiu Rong Holdings's annual market cap
declined
from Dec. 2020 (HK$618.3 Mil) to Dec. 2021 (HK$514.4 Mil) and
declined
from Dec. 2021 (HK$514.4 Mil) to Dec. 2022 (HK$492.5 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. Jiu Rong Holdings's Enterprise Value for Today is HK$848.6 Mil.
Jiu Rong Holdings Market Cap Historical Data
The historical data trend for Jiu Rong 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 Jiu Rong Holdings's Market Cap
For the Consumer Electronics subindustry, Jiu Rong 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.
Jiu Rong Holdings's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Jiu Rong Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Jiu Rong Holdings's Market Cap falls into.
Jiu Rong 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.
Jiu Rong Holdings's Market Cap for the fiscal year that ended in Dec. 2022 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.
Jiu Rong Holdings (HKSE:02358) 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.
Jiu Rong Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Jiu Rong Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiu Rong Holdings (HKSE:02358) Business Description
Jiu Rong Holdings Ltd is an investment holding company. Its Digital Video business segment, which is the key revenue driver, carries out the manufacturing and sales of digital television (TV), high definition liquid crystal display TV, and set-top boxes as well as provision of application of solutions regarding the integration of telecommunication, TV, and internet in the digital audiovisual industry. The other segments of the group are the New energy vehicles business; Cloud Ecological Big Data Business; Properties development, Properties investment and, General Trading. The group has a business presence in the PRC, Hong Kong, and Cuba, of which a majority of revenue is generated from the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02358 has been successfully added to your 