Xinyi Energy Holdings's quarterly market cap
increased
from Dec. 2022 (HK$19,271 Mil) to Jun. 2023 (HK$20,952 Mil) but then
declined
from Jun. 2023 (HK$20,952 Mil) to Dec. 2023 (HK$11,807 Mil).
Xinyi Energy Holdings's annual market cap
declined
from Dec. 2021 (HK$30,360 Mil) to Dec. 2022 (HK$19,271 Mil) and
declined
from Dec. 2022 (HK$19,271 Mil) to Dec. 2023 (HK$11,807 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. Xinyi Energy Holdings's Enterprise Value for Today is HK$15,805 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 Xinyi Energy Holdings's Market Cap
For the Utilities - Renewable subindustry, Xinyi Energy 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.
Xinyi Energy Holdings's Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Xinyi Energy Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Xinyi Energy Holdings's Market Cap falls into.
Xinyi Energy 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.
Xinyi Energy 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.
Xinyi Energy Holdings (HKSE:03868) 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.
Xinyi Energy Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Xinyi Energy Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Xinyi Energy Holdings (HKSE:03868) Business Description
Listed in May 2019, Xinyi Energy is a spinoff from its holding company Xinyi Solar, and engages in solar farm operations in China. The company owns a portfolio of utility-scale ground-mounted solar farm projects, with total approved capacity of 3,014 megawatts by the end of 2022. Parent Xinyi Solar, a leading solar glass manufacturer and solar farm developer, retains about a 49% stake in Xinyi Energy.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:03868 has been successfully added to your 