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China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Market Cap : ¥69,771 Mil (As of Apr. 30, 2024)


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What is China Northern Rare Earth (Group) High-Tech 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). China Northern Rare Earth (Group) High-Tech Co's share price for the quarter that ended in Dec. 2023 was ¥19.34. China Northern Rare Earth (Group) High-Tech Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 3,615 Mil. Therefore, China Northern Rare Earth (Group) High-Tech Co's market cap for the quarter that ended in Dec. 2023 was ¥69,915 Mil.

China Northern Rare Earth (Group) High-Tech Co's quarterly market cap declined from Jun. 2023 (¥86,689 Mil) to Sep. 2023 (¥78,772 Mil) and declined from Sep. 2023 (¥78,772 Mil) to Dec. 2023 (¥69,915 Mil).

China Northern Rare Earth (Group) High-Tech Co's annual market cap declined from Dec. 2021 (¥166,395 Mil) to Dec. 2022 (¥90,558 Mil) and declined from Dec. 2022 (¥90,558 Mil) to Dec. 2023 (¥69,915 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. China Northern Rare Earth (Group) High-Tech Co's Enterprise Value for Today is ¥73,165 Mil.


China Northern Rare Earth (Group) High-Tech Co Market Cap Historical Data

The historical data trend for China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech Co Market Cap Chart

China Northern Rare Earth (Group) High-Tech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39,382.48 47,556.89 166,394.61 90,557.50 69,915.45

China Northern Rare Earth (Group) High-Tech Co Quarterly Data
Mar19 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 90,557.50 94,317.18 86,689.38 78,772.38 69,915.45

Competitive Comparison of China Northern Rare Earth (Group) High-Tech Co's Market Cap

For the Other Industrial Metals & Mining subindustry, China Northern Rare Earth (Group) High-Tech 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.


China Northern Rare Earth (Group) High-Tech Co's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Northern Rare Earth (Group) High-Tech Co's Market Cap distribution charts can be found below:

* The bar in red indicates where China Northern Rare Earth (Group) High-Tech Co's Market Cap falls into.



China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech 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 )
=¥19.34*3615.07
=¥69,915

China Northern Rare Earth (Group) High-Tech Co'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 )
=¥19.34*3615.07
=¥69,915

* 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.


China Northern Rare Earth (Group) High-Tech Co  (SHSE:600111) 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.


China Northern Rare Earth (Group) High-Tech Co Market Cap Related Terms

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China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Business Description

Traded in Other Exchanges
N/A
Address
No. 83 Huanghe Street, Baotou Rare Earth Hi-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030
China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in a non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources.

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Headlines

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