Tianjin Hi-Tech Development Co's quarterly market cap
declined
from Mar. 2023 (¥2,099.9 Mil) to Jun. 2023 (¥2,035.3 Mil) but then
increased
from Jun. 2023 (¥2,035.3 Mil) to Sep. 2023 (¥2,119.3 Mil).
Tianjin Hi-Tech Development Co's annual market cap
stayed the same
from Dec. 2020 (¥1,957.7 Mil) to Dec. 2021 (¥1,957.7 Mil) but then
increased
from Dec. 2021 (¥1,957.7 Mil) to Dec. 2022 (¥2,145.1 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. Tianjin Hi-Tech Development Co's Enterprise Value for Today is ¥2,030.9 Mil.
Tianjin Hi-Tech Development Co 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 Tianjin Hi-Tech Development Co's Market Cap
For the Conglomerates subindustry, Tianjin Hi-Tech Development 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.
Tianjin Hi-Tech Development Co's Market Cap Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tianjin Hi-Tech Development Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Tianjin Hi-Tech Development Co's Market Cap falls into.
Tianjin Hi-Tech Development 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.
* 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.
Tianjin Hi-Tech Development Co (SHSE:600082) 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.
Tianjin Hi-Tech Development Co Market Cap Related Terms
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Tianjin Hi-Tech Development Co (SHSE:600082) Business Description
Tianjin Hi-Tech Development Co Ltd is engaged in investing in high-tech companies, as well as provides business incubation, rental and leasing, and technical services. Through its subsidiaries, the company sells computer network products, develops computer software, and builds a telecommunication broadband network.
Tianjin Hi-Tech Development Co (SHSE:600082) Headlines
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