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China Aerospace Times Electronic Co (SHSE:600879) Market Cap : ¥26,361 Mil (As of Apr. 27, 2024)


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What is China Aerospace Times Electronic 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). China Aerospace Times Electronic Co's share price for the quarter that ended in Dec. 2023 was ¥7.71. China Aerospace Times Electronic Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 3,299 Mil. Therefore, China Aerospace Times Electronic Co's market cap for the quarter that ended in Dec. 2023 was ¥25,438 Mil.

China Aerospace Times Electronic Co's quarterly market cap increased from Jun. 2023 (¥23,087 Mil) to Sep. 2023 (¥24,712 Mil) and increased from Sep. 2023 (¥24,712 Mil) to Dec. 2023 (¥25,438 Mil).

China Aerospace Times Electronic Co's annual market cap declined from Dec. 2021 (¥22,407 Mil) to Dec. 2022 (¥18,491 Mil) but then increased from Dec. 2022 (¥18,491 Mil) to Dec. 2023 (¥25,438 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. China Aerospace Times Electronic Co's Enterprise Value for Today is ¥25,957 Mil.


China Aerospace Times Electronic Co Market Cap Historical Data

The historical data trend for China Aerospace Times Electronic 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.

China Aerospace Times Electronic Co Market Cap Chart

China Aerospace Times Electronic 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 16,261.23 20,340.14 22,406.78 18,491.04 25,437.60

China Aerospace Times Electronic 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 18,491.04 21,183.11 23,086.60 24,711.76 25,437.60

Competitive Comparison of China Aerospace Times Electronic Co's Market Cap

For the Aerospace & Defense subindustry, China Aerospace Times Electronic 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.


China Aerospace Times Electronic Co's Market Cap Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's Market Cap distribution charts can be found below:

* The bar in red indicates where China Aerospace Times Electronic Co's Market Cap falls into.



China Aerospace Times Electronic 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.

China Aerospace Times Electronic 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 )
=¥7.71*3299.3
=¥25,438

China Aerospace Times Electronic 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 )
=¥7.71*3299.3
=¥25,438

* 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.


China Aerospace Times Electronic Co  (SHSE:600879) 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.


China Aerospace Times Electronic Co Market Cap Related Terms

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China Aerospace Times Electronic Co (SHSE:600879) Business Description

Traded in Other Exchanges
N/A
Address
Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.

China Aerospace Times Electronic Co (SHSE:600879) Headlines

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