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Chinaftower International Holding Group (HKSE:08623) Market Cap : HK$27.6 Mil (As of May. 26, 2024)


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What is Chinaftower International Holding Group 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). Chinaftower International Holding Group's share price for the quarter that ended in Dec. 2023 was HK$0.037. Chinaftower International Holding Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 920.0 Mil. Therefore, Chinaftower International Holding Group's market cap for the quarter that ended in Dec. 2023 was HK$34.0 Mil.

Chinaftower International Holding Group's quarterly market cap increased from Jun. 2023 (HK$55.2 Mil) to Sep. 2023 (HK$64.4 Mil) but then declined from Sep. 2023 (HK$64.4 Mil) to Dec. 2023 (HK$34.0 Mil).

Chinaftower International Holding Group's annual market cap declined from Dec. 2021 (HK$70.8 Mil) to Dec. 2022 (HK$46.0 Mil) and declined from Dec. 2022 (HK$46.0 Mil) to Dec. 2023 (HK$34.0 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. Chinaftower International Holding Group's Enterprise Value for Today is HK$123.4 Mil.


Chinaftower International Holding Group Market Cap Historical Data

The historical data trend for Chinaftower International Holding Group'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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Chinaftower International Holding Group Market Cap Chart

Chinaftower International Holding Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 60.00 70.84 46.00 34.04

Chinaftower International Holding Group Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.00 47.84 55.20 64.40 34.04

Competitive Comparison of Chinaftower International Holding Group's Market Cap

For the Electrical Equipment & Parts subindustry, Chinaftower International Holding Group'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.


Chinaftower International Holding Group's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chinaftower International Holding Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Chinaftower International Holding Group's Market Cap falls into.



Chinaftower International Holding Group 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.

Chinaftower International Holding Group'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$0.037*920
=HK$34.0

Chinaftower International Holding Group'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$0.037*920
=HK$34.0

* 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.


Chinaftower International Holding Group  (HKSE:08623) 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 company’s 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.


Chinaftower International Holding Group Market Cap Related Terms

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Chinaftower International Holding Group (HKSE:08623) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Huaide Road, Sichuan-Zhejiang Cooperation Industrial Park, Guangyuan Economic and Technological Development Z, Sichuan Province, Guangyuan, CHN
China Saftower International Holding Group Ltd is a manufacturer and supplier of wires and cables and the sale of aluminum products in the People's Republic of China. The company's products include power cables, insulated overhead cables, aerial stranded wire, control cables, and aluminum alloy power cables. The Group's revenue was all derived from customers based in the PRC.
Executives
Dang Fei 2201 Interest of corporation controlled by you
Dang Jun 2103 Interests held jointly with another person
Li Li 2202 Interest of your spouse
Red Fly Investment Limited 2101 Beneficial owner
Fu Chuanrong 2101 Beneficial owner
Gao Hong 2202 Interest of your spouse
Wang Xiaozhong 2201 Interest of corporation controlled by you
Xseven Investment Limited 2101 Beneficial owner

Chinaftower International Holding Group (HKSE:08623) Headlines

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