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Eastern Communications Co (SHSE:600776) Market Cap : ¥10,790 Mil (As of May. 21, 2024)


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What is Eastern Communications 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). Eastern Communications Co's share price for the quarter that ended in Mar. 2024 was ¥10.15. Eastern Communications Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,256 Mil. Therefore, Eastern Communications Co's market cap for the quarter that ended in Mar. 2024 was ¥12,748 Mil.

Eastern Communications Co's quarterly market cap declined from Sep. 2023 (¥14,984 Mil) to Dec. 2023 (¥14,180 Mil) and declined from Dec. 2023 (¥14,180 Mil) to Mar. 2024 (¥12,748 Mil).

Eastern Communications Co's annual market cap declined from Dec. 2021 (¥14,457 Mil) to Dec. 2022 (¥11,505 Mil) but then increased from Dec. 2022 (¥11,505 Mil) to Dec. 2023 (¥14,180 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. Eastern Communications Co's Enterprise Value for Today is ¥9,820 Mil.


Eastern Communications Co Market Cap Historical Data

The historical data trend for Eastern Communications 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.

Eastern Communications Co Market Cap Chart

Eastern Communications 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 26,162.48 14,883.60 14,456.56 11,504.96 14,180.24

Eastern Communications 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 13,853.68 17,898.00 14,984.08 14,180.24 12,748.40

Competitive Comparison of Eastern Communications Co's Market Cap

For the Communication Equipment subindustry, Eastern Communications 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.


Eastern Communications Co's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eastern Communications Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Eastern Communications Co's Market Cap falls into.



Eastern Communications 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.

Eastern Communications 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 )
=¥11.29*1256
=¥14,180

Eastern Communications 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 )
=¥10.15*1256
=¥12,748

* 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.


Eastern Communications Co  (SHSE:600776) 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.


Eastern Communications Co Market Cap Related Terms

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Eastern Communications Co (SHSE:600776) Business Description

Traded in Other Exchanges
Address
No. 66 Dongxin Avenue, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310053
Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.

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