China Hanking Holdings's quarterly market cap
increased
from Jun. 2023 (HK$1,509 Mil) to Dec. 2023 (HK$1,568 Mil) and
increased
from Dec. 2023 (HK$1,568 Mil) to Jun. 2024 (HK$1,686 Mil).
China Hanking Holdings's annual market cap
declined
from Dec. 2021 (HK$2,626 Mil) to Dec. 2022 (HK$1,548 Mil) but then
increased
from Dec. 2022 (HK$1,548 Mil) to Dec. 2023 (HK$1,568 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 Hanking Holdings's Enterprise Value for Today is HK$2,312 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 Hanking Holdings's Market Cap
For the Steel subindustry, China Hanking 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.
China Hanking Holdings's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, China Hanking Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where China Hanking 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.
China Hanking 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.
China Hanking Holdings (HKSE:03788) 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 Hanking Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of China Hanking Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
China Hanking Holdings Ltd is a mining company focused on the exploration, mining, processing, smelting, and marketing of mineral resources. The company organizes its operations into three based on its resources: iron ore, gold, and high-purity iron business. The high-purity iron business, which contributes the vast majority of the company's consolidated revenue, operates five mines located in the Anshan-Benxi iron ore belt of Liaoning Province in China. Its other segment includes the production and sales of building materials. Geographically, it derives the majority revenue from the PRC.
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