Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Market Cap : HK$46.1 Mil (As of Apr. 28, 2024)

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What is Zhejiang Chang'an Renheng Technology Co Market Cap?

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). Zhejiang Chang'an Renheng Technology Co's share price for the quarter that ended in Dec. 2023 was HK$1.3. Zhejiang Chang'an Renheng Technology Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 38.4 Mil. Therefore, Zhejiang Chang'an Renheng Technology Co's market cap for the quarter that ended in Dec. 2023 was HK$49.9 Mil.

Zhejiang Chang'an Renheng Technology Co's quarterly market cap increased from Jun. 2023 (HK$40.3 Mil) to Sep. 2023 (HK$43.4 Mil) and increased from Sep. 2023 (HK$43.4 Mil) to Dec. 2023 (HK$49.9 Mil).

Zhejiang Chang'an Renheng Technology Co's annual market cap declined from Dec. 2021 (HK$82.6 Mil) to Dec. 2022 (HK$31.9 Mil) but then increased from Dec. 2022 (HK$31.9 Mil) to Dec. 2023 (HK$49.9 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. Zhejiang Chang'an Renheng Technology Co's Enterprise Value for Today is HK$145.0 Mil.

Zhejiang Chang'an Renheng Technology Co Market Cap Historical Data

The historical data trend for Zhejiang Chang'an Renheng Technology Co'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.

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Zhejiang Chang'an Renheng Technology Co Market Cap Chart

Zhejiang Chang'an Renheng Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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140.93

96.38

82.56

31.87

49.92

Zhejiang Chang'an Renheng Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial															31.87	56.83	40.32	43.39	49.92

Competitive Comparison of Zhejiang Chang'an Renheng Technology Co's Market Cap

For the Chemicals subindustry, Zhejiang Chang'an Renheng Technology 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.

Zhejiang Chang'an Renheng Technology Co's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Chang'an Renheng Technology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Chang'an Renheng Technology Co's Market Cap falls into.

Zhejiang Chang'an Renheng Technology 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.

Zhejiang Chang'an Renheng Technology Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	HK$1.3	*	38.4
	=	HK$49.9

Zhejiang Chang'an Renheng Technology Co's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	HK$1.3	*	38.4
	=	HK$49.9

Zhejiang Chang'an Renheng Technology Co (HKSE:08139) 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.

Zhejiang Chang'an Renheng Technology Co Market Cap Related Terms

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Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Chang'an Renheng Technology Co Ltd (HKSE:08139) » Definitions » Market Cap

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Traded in Other Exchanges

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Address

Laoya Tang, Si’an Town, Zhejiang Province, Changxing, CHN

Website

http://www.renheng.com

Zhejiang Chang'an Renheng Technology Co Ltd is principally engaged in the business of development, production, and sale of bentonite fine chemicals in China. It uses bentonite as its basic raw material to manufacture paper chemicals, organic bentonite, inorganic gel, bentonite for metallurgy pellets, quality calcium-bentonite, and other products. The majority of its revenue comes from the papermaking chemicals series.

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