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Syong Shun Metal Co (ROCO:2073) Market Cap : NT$853.9 Mil (As of Jun. 14, 2024)


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What is Syong Shun Metal 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). Syong Shun Metal Co's share price for the quarter that ended in Mar. 2024 was NT$29.9. Syong Shun Metal Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 27.5 Mil. Therefore, Syong Shun Metal Co's market cap for the quarter that ended in Mar. 2024 was NT$822.3 Mil.

Syong Shun Metal Co's quarterly market cap increased from Sep. 2023 (NT$831.9 Mil) to Dec. 2023 (NT$836.0 Mil) but then declined from Dec. 2023 (NT$836.0 Mil) to Mar. 2024 (NT$822.3 Mil).

Syong Shun Metal Co's annual market cap declined from Dec. 2021 (NT$824.9 Mil) to Dec. 2022 (NT$789.9 Mil) but then increased from Dec. 2022 (NT$789.9 Mil) to Dec. 2023 (NT$836.0 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. Syong Shun Metal Co's Enterprise Value for Today is NT$995.2 Mil.


Syong Shun Metal Co Market Cap Historical Data

The historical data trend for Syong Shun Metal 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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Syong Shun Metal Co Market Cap Chart

Syong Shun Metal Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - 824.93 789.94 836.00

Syong Shun Metal Co Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 899.93 928.13 831.88 836.00 822.25

Competitive Comparison of Syong Shun Metal Co's Market Cap

For the Steel subindustry, Syong Shun Metal 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.


Syong Shun Metal Co's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Syong Shun Metal Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Syong Shun Metal Co's Market Cap falls into.



Syong Shun Metal 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.

Syong Shun Metal 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 )
=NT$30.4*27.5
=NT$836.0

Syong Shun Metal Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=NT$29.9*27.5
=NT$822.3

* 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.


Syong Shun Metal Co  (ROCO:2073) 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.


Syong Shun Metal Co Market Cap Related Terms

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Syong Shun Metal Co (ROCO:2073) Business Description

Traded in Other Exchanges
N/A
Address
No. 393, Shun'an Road, Luzhu District, Kaohsiung City, TWN, 821010
Syong Shun Metal Co Ltd is a processing plant for Panyuan wire rods. It is a midstream manufacturing plant in the steel product industry chain. These wire rods are used for screws and nuts, steel wire and steel cables, hand tools, automobiles.

Syong Shun Metal Co (ROCO:2073) Headlines

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