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State Grid Informationmmunication Co (SHSE:600131) Market Cap : ¥22,935 Mil (As of Jun. 06, 2024)


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What is State Grid Informationmmunication 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). State Grid Informationmmunication Co's share price for the quarter that ended in Mar. 2024 was ¥18.85. State Grid Informationmmunication Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,202 Mil. Therefore, State Grid Informationmmunication Co's market cap for the quarter that ended in Mar. 2024 was ¥22,658 Mil.

State Grid Informationmmunication Co's quarterly market cap declined from Sep. 2023 (¥18,446 Mil) to Dec. 2023 (¥18,218 Mil) but then increased from Dec. 2023 (¥18,218 Mil) to Mar. 2024 (¥22,658 Mil).

State Grid Informationmmunication Co's annual market cap declined from Dec. 2021 (¥26,119 Mil) to Dec. 2022 (¥17,992 Mil) but then increased from Dec. 2022 (¥17,992 Mil) to Dec. 2023 (¥18,218 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. State Grid Informationmmunication Co's Enterprise Value for Today is ¥20,632 Mil.


State Grid Informationmmunication Co Market Cap Historical Data

The historical data trend for State Grid Informationmmunication 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.

State Grid Informationmmunication Co Market Cap Chart

State Grid Informationmmunication 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 21,947.68 17,010.40 26,119.27 17,991.94 18,217.72

State Grid Informationmmunication Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23,981.24 24,278.88 18,446.20 18,217.72 22,658.27

Competitive Comparison of State Grid Informationmmunication Co's Market Cap

For the Utilities - Renewable subindustry, State Grid Informationmmunication 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.


State Grid Informationmmunication Co's Market Cap Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, State Grid Informationmmunication Co's Market Cap distribution charts can be found below:

* The bar in red indicates where State Grid Informationmmunication Co's Market Cap falls into.



State Grid Informationmmunication 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.

State Grid Informationmmunication 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 )
=¥15.15*1202.49
=¥18,218

State Grid Informationmmunication 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 )
=¥18.85*1202.03
=¥22,658

* 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.


State Grid Informationmmunication Co  (SHSE:600131) 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.


State Grid Informationmmunication Co Market Cap Related Terms

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State Grid Informationmmunication Co (SHSE:600131) Business Description

Traded in Other Exchanges
N/A
Address
No. 301 Kuiguang Road, Doujiangyan, Sichuan, CHN, 611830
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
Executives
Ni Ping Bo Directors, senior managers
Sun Hui senior management
Chen An Quan senior management

State Grid Informationmmunication Co (SHSE:600131) Headlines

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