Haitong Securities Co's quarterly market cap
declined
from Mar. 2024 (HK$48,860 Mil) to Jun. 2024 (HK$47,423 Mil) and
declined
from Jun. 2024 (HK$47,423 Mil) to Sep. 2024 (HK$47,384 Mil).
Haitong Securities Co's annual market cap
declined
from Dec. 2021 (HK$90,274 Mil) to Dec. 2022 (HK$62,708 Mil) and
declined
from Dec. 2022 (HK$62,708 Mil) to Dec. 2023 (HK$54,478 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. Haitong Securities Co's Enterprise Value for Today is HK$153,810 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 Haitong Securities Co's Market Cap
For the Capital Markets subindustry, Haitong Securities Co'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.
Haitong Securities Co's Market Cap Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Haitong Securities Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Haitong Securities Co's Market Cap falls into.
Haitong Securities Co 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.
Haitong Securities Co'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.
Haitong Securities Co (HKSE:06837) 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.
Haitong Securities Co Market Cap Related Terms
Thank you for viewing the detailed overview of Haitong Securities Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Haitong Securities Co Ltd is engaged in the securities and futures brokerage business, which trades securities and futures for customers such as individuals, enterprises, and financial institutions; investment banking businesses. It operates in Wealth Management; Investment Banking; Asset Management; Trading and Institution; Finance Lease; and other segments. The Wealth Management Segment derives the majority of revenue and engages in the provision of a full range of financial services and investment solutions to retail and high-net-worth clients. Services provided include brokering and dealing in securities and futures, investment consulting, wealth management as well as financial services such as margin financing, security lending, and stock pledge.
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