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Maanshan Iron And Steel Co (SHSE:600808) Market Cap : ¥16,098 Mil (As of May. 01, 2024)


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What is Maanshan Iron And Steel 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). Maanshan Iron And Steel Co's share price for the quarter that ended in Dec. 2023 was ¥2.72. Maanshan Iron And Steel Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 7,747 Mil. Therefore, Maanshan Iron And Steel Co's market cap for the quarter that ended in Dec. 2023 was ¥21,072 Mil.

Maanshan Iron And Steel Co's quarterly market cap increased from Jun. 2023 (¥19,968 Mil) to Sep. 2023 (¥20,452 Mil) and increased from Sep. 2023 (¥20,452 Mil) to Dec. 2023 (¥21,072 Mil).

Maanshan Iron And Steel Co's annual market cap declined from Dec. 2021 (¥28,416 Mil) to Dec. 2022 (¥21,850 Mil) and declined from Dec. 2022 (¥21,850 Mil) to Dec. 2023 (¥21,072 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. Maanshan Iron And Steel Co's Enterprise Value for Today is ¥30,901 Mil.


Maanshan Iron And Steel Co Market Cap Historical Data

The historical data trend for Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co Market Cap Chart

Maanshan Iron And Steel 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 23,641.09 20,483.81 28,415.51 21,849.80 21,071.68

Maanshan Iron And Steel 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 21,849.80 22,388.75 19,968.36 20,451.92 21,071.68

Competitive Comparison of Maanshan Iron And Steel Co's Market Cap

For the Steel subindustry, Maanshan Iron And Steel 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.


Maanshan Iron And Steel Co's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maanshan Iron And Steel Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Maanshan Iron And Steel Co's Market Cap falls into.



Maanshan Iron And Steel 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.

Maanshan Iron And Steel 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 )
=¥2.72*7746.94
=¥21,072

Maanshan Iron And Steel 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 )
=¥2.72*7746.94
=¥21,072

* 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.


Maanshan Iron And Steel Co  (SHSE:600808) 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.


Maanshan Iron And Steel Co Market Cap Related Terms

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Maanshan Iron And Steel Co (SHSE:600808) Business Description

Traded in Other Exchanges
Address
No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It has two segments. Production and sale of iron and steel products and related by-products, and Financial service. The company's principal product is steel, which is categorized into steel plates, section steel, wire rods, and train wheels. Thin plate products are further categorized into hot and rolled plates, galvanized plates, and coil-coating plates. The products in the wire rod category comprise wire rod materials and hot-rolled reinforced steel used in armored concrete. The Train wheel category includes train wheels and wheel rims.

Maanshan Iron And Steel Co (SHSE:600808) Headlines

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