New Energy Systems Group's quarterly market cap
increased
from Dec. 2009 ($83.99 Mil) to Dec. 2010 ($110.38 Mil) but then
declined
from Dec. 2010 ($110.38 Mil) to Dec. 2011 ($8.74 Mil).
New Energy Systems Group's annual market cap
increased
from Dec. 2009 ($83.99 Mil) to Dec. 2010 ($110.38 Mil) but then
declined
from Dec. 2010 ($110.38 Mil) to Dec. 2011 ($8.74 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. New Energy Systems Group's Enterprise Value for Today is $0.44 Mil.
New Energy Systems Group Market Cap Historical Data
* 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 New Energy Systems Group's Market Cap
For the Electronic Components subindustry, New Energy Systems 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.
New Energy Systems Group's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, New Energy Systems Group's Market Cap distribution charts can be found below:
* The bar in red indicates where New Energy Systems Group's Market Cap falls into.
New Energy Systems 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.
New Energy Systems Group's Market Cap for the fiscal year that ended in Dec. 2011 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.
New Energy Systems Group (OTCPK:NEWN) 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.
New Energy Systems Group Market Cap Related Terms
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New Energy Systems Group (New Energy Systems Group) Business Description
New Energy Systems Group, formerly China Digital Communication Group was incorporated under the laws of the State of Nevada on March 27, 2001. Effective November 18, 2009; it changed its name from China Digital Communication Group to New Energy Systems Group. It operates its business through its wholly owned subsidiary E'Jenie Technology Development Co., Ltd (EJenie), a company incorporated under the laws of the Peoples Republic of China. Through E'Jenie, the Company manufactures and distributes lithium battery shells and related products primarily in China. Energy recently expanded its business lines to include battery assembly and finished battery distribution. The companys new Anytone division also offers a broad spectrum of end-user battery accessories, such as backup power systems for mobile phones, notebook computers, digital cameras, MP4s, PMPs, PDAs, solar and digital applications. The Companys end-user consumer products are sold under the Anytone brand in China, and the company has begun expanding its international sales efforts.
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