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abrdn China Investment Co (LSE:ACIC) Market Cap : £175.30 Mil (As of Jun. 13, 2024)


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What is abrdn China Investment 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). abrdn China Investment Co's share price for the quarter that ended in Oct. 2023 was £3.92. abrdn China Investment Co's Shares Outstanding (EOP) for the quarter that ended in Oct. 2023 was 42.65 Mil. Therefore, abrdn China Investment Co's market cap for the quarter that ended in Oct. 2023 was £167.20 Mil.

abrdn China Investment Co's quarterly market cap increased from Oct. 2022 (£201.06 Mil) to Apr. 2023 (£216.50 Mil) but then declined from Apr. 2023 (£216.50 Mil) to Oct. 2023 (£167.20 Mil).

abrdn China Investment Co's annual market cap declined from Oct. 2021 (£319.46 Mil) to Oct. 2022 (£201.06 Mil) and declined from Oct. 2022 (£201.06 Mil) to Oct. 2023 (£167.20 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. abrdn China Investment Co's Enterprise Value for Today is £181.91 Mil.


abrdn China Investment Co Market Cap Historical Data

The historical data trend for abrdn China Investment 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.

* Premium members only.

abrdn China Investment Co Market Cap Chart

abrdn China Investment Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 257.86 278.09 319.46 201.06 167.20

abrdn China Investment Co Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 319.46 249.19 201.06 216.50 167.20

Competitive Comparison of abrdn China Investment Co's Market Cap

For the Asset Management subindustry, abrdn China Investment 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.


abrdn China Investment Co's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn China Investment Co's Market Cap distribution charts can be found below:

* The bar in red indicates where abrdn China Investment Co's Market Cap falls into.



abrdn China Investment 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.

abrdn China Investment Co's Market Cap for the fiscal year that ended in Oct. 2023 is calculated as

Market Cap (A: Oct. 2023 )=Share Price (A: Oct. 2023 )*Shares Outstanding (EOP) (A: Oct. 2023 )
=£3.92*42.6523
=£167.20

abrdn China Investment Co's Market Cap for the quarter that ended in Oct. 2023 is calculated as

Market Cap (Q: Oct. 2023 )=Share Price (Q: Oct. 2023 )*Shares Outstanding (EOP) (Q: Oct. 2023 )
=£3.92*42.6523
=£167.20

* 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.


abrdn China Investment Co  (LSE:ACIC) 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.


abrdn China Investment Co Market Cap Related Terms

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abrdn China Investment Co (LSE:ACIC) Business Description

Traded in Other Exchanges
Address
Saint Julian's Avenue Guernsey, BNP Paribas House, Saint Peter Port, GGY, GY1 1WA
abrdn China Investment Co Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to achieve consistent returns for shareholders in excess of the MSCI Emerging Markets Net Total Return Index in Sterling terms. The company focuses on investing in a portfolio of funds and products which give a diversified exposure to developing and emerging market economies. Its portfolio consists of investments in either quoted investment companies or open-ended funds with observable independent values. It may enter into hedging mechanisms to protect the performance of the company's investment portfolio in a cost-effective manner. The company earns the majority of its revenue from dividend income.

abrdn China Investment Co (LSE:ACIC) Headlines