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Shandong Hi-Speed Co (SHSE:600350) Market Cap : ¥42,402 Mil (As of May. 06, 2024)


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What is Shandong Hi-Speed 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). Shandong Hi-Speed Co's share price for the quarter that ended in Mar. 2024 was ¥8.56. Shandong Hi-Speed Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 4,840 Mil. Therefore, Shandong Hi-Speed Co's market cap for the quarter that ended in Mar. 2024 was ¥41,434 Mil.

Shandong Hi-Speed Co's quarterly market cap declined from Sep. 2023 (¥34,657 Mil) to Dec. 2023 (¥33,592 Mil) but then increased from Dec. 2023 (¥33,592 Mil) to Mar. 2024 (¥41,434 Mil).

Shandong Hi-Speed Co's annual market cap increased from Dec. 2021 (¥24,826 Mil) to Dec. 2022 (¥27,467 Mil) and increased from Dec. 2022 (¥27,467 Mil) to Dec. 2023 (¥33,592 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. Shandong Hi-Speed Co's Enterprise Value for Today is ¥101,385 Mil.


Shandong Hi-Speed Co Market Cap Historical Data

The historical data trend for Shandong Hi-Speed 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.

Shandong Hi-Speed Co Market Cap Chart

Shandong Hi-Speed 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 23,622.84 29,733.03 24,825.64 27,466.82 33,592.38

Shandong Hi-Speed 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 29,542.53 30,749.33 34,657.26 33,592.38 41,433.82

Competitive Comparison of Shandong Hi-Speed Co's Market Cap

For the Infrastructure Operations subindustry, Shandong Hi-Speed 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.


Shandong Hi-Speed Co's Market Cap Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shandong Hi-Speed Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Co's Market Cap falls into.



Shandong Hi-Speed 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.

Shandong Hi-Speed 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 )
=¥6.94*4840.4
=¥33,592

Shandong Hi-Speed 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 )
=¥8.56*4840.4
=¥41,434

* 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.


Shandong Hi-Speed Co  (SHSE:600350) 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.


Shandong Hi-Speed Co Market Cap Related Terms

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Shandong Hi-Speed Co (SHSE:600350) Business Description

Traded in Other Exchanges
N/A
Address
No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

Shandong Hi-Speed Co (SHSE:600350) Headlines

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