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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). SPIC Hydropower Co's share price for the quarter that ended in Mar. 2026 was ¥13.43. SPIC Hydropower Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 4,380 Mil. Therefore, SPIC Hydropower Co's market cap for the quarter that ended in Mar. 2026 was ¥58,826 Mil.
SPIC Hydropower Co's quarterly market cap
increased
from Sep. 2025 (¥53,658 Mil) to Dec. 2025 (¥57,162 Mil) and
increased
from Dec. 2025 (¥57,162 Mil) to Mar. 2026 (¥58,826 Mil).
SPIC Hydropower Co's annual market cap
increased
from Dec. 2023 (¥4,740 Mil) to Dec. 2024 (¥10,143 Mil) and
increased
from Dec. 2024 (¥10,143 Mil) to Dec. 2025 (¥57,162 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. SPIC Hydropower Co's Enterprise Value for Today is ¥82,590 Mil.
SPIC Hydropower Co (SHSE:600292) 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.
SPIC Hydropower Co Market Cap Related Terms
SPIC Hydropower Co Market Cap Historical Data
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The historical data trend for SPIC Hydropower 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.
SHSE:600292 vs NEE, SO, DUK: Market Cap Comparison
For the Utilities - Regulated Electric subindustry, SPIC Hydropower 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.
SPIC Hydropower Co Market Cap vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, SPIC Hydropower Co's Market Cap distribution charts can be found below:
* The bar in red indicates where SPIC Hydropower Co's Market Cap falls into.
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.
SPIC Hydropower Co's Market Cap for the fiscal year that ended in Dec. 2025 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.
SPIC Hydropower Co (SHSE:600292) has a Market Cap of ¥54,052 Mil as of Jul. 14, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on SPIC Hydropower Co and its competitors. According to the industry distribution chart, SPIC Hydropower Co ranks #88 out of 512 companies in the Utilities - Regulated industry, placing it in the top 17.2%.
Is SPIC Hydropower Co's Market Cap too high?
SPIC Hydropower Co's current Market Cap is ¥54,052 Mil. Based on the distribution chart, SPIC Hydropower Co ranks #88 out of 512 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, SPIC Hydropower Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPIC Hydropower Co's Market Cap compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, SPIC Hydropower Co ranks #88 out of 512 companies for Market Cap. This places SPIC Hydropower Co in the top 17% of its industry — outperforming the majority of peers. The industry median Market Cap is 943.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Utilities - Regulated company?
The median Market Cap among Utilities - Regulated companies is 943.65, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on SPIC Hydropower Co and its competitors. For the Utilities - Regulated industry, the median Market Cap is 943.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPIC Hydropower Co's current Market Cap is ¥54,052 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPIC Hydropower Co stock overvalued right now?
Based on GuruFocus' analysis, SPIC Hydropower Co (SHSE:600292) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.46, compared to a current price of ¥12.34 — trading 176.7% above its estimated fair value. The current Market Cap is ¥54,052 Mil. SPIC Hydropower Co's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For SPIC Hydropower Co (SHSE:600292), the current Market Cap is ¥54,052 Mil as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SPIC Hydropower Co (SHSE:600292) Overvalued in 2026?
Based on GuruFocus' analysis, SPIC Hydropower Co stock appears to be overvalued.
The current stock price of ¥12.34 is trading 176.7% above its estimated GF Value™ of ¥4.46.
GuruFocus considers SPIC Hydropower Co to be Significantly Overvalued.
Key valuation signals for SHSE:600292:
Market Cap: ¥54,052 Mil
GF Value™: ¥4.46 vs. price of ¥12.34 (176.7% above fair value)
No single metric tells the full story. See the SHSE:600292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPIC Hydropower Co Ltd is engaged in energy and ecological integration activities, with a focus on hydropower generation and the integrated development and operation of river basin hydropower and new energy projects. Its business scope includes the provision of technical services, technology development and consultation, technology exchange and transfer, and technology promotion.
42GF Score
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