Xinjiang Joinworld Co's quarterly market cap
declined
from Sep. 2023 (¥10,760 Mil) to Dec. 2023 (¥9,772 Mil) but then
increased
from Dec. 2023 (¥9,772 Mil) to Mar. 2024 (¥11,054 Mil).
Xinjiang Joinworld Co's annual market cap
declined
from Dec. 2021 (¥11,143 Mil) to Dec. 2022 (¥11,035 Mil) and
declined
from Dec. 2022 (¥11,035 Mil) to Dec. 2023 (¥9,772 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. Xinjiang Joinworld Co's Enterprise Value for Today is ¥10,592 Mil.
* 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.
Competitive Comparison of Xinjiang Joinworld Co's Market Cap
For the Aluminum subindustry, Xinjiang Joinworld 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.
Xinjiang Joinworld Co's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Xinjiang Joinworld Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Xinjiang Joinworld Co's Market Cap falls into.
Xinjiang Joinworld 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.
Xinjiang Joinworld Co's Market Cap for the fiscal year that ended in Dec. 2023 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.
Xinjiang Joinworld Co (SHSE:600888) 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.
Xinjiang Joinworld Co Market Cap Related Terms
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Xinjiang Joinworld Co (SHSE:600888) Business Description
Xinjiang Joinworld Co Ltd is a producer of high purity aluminum and electronic aluminum foil in China. The products are sold in domestic markets as well as in Japan, Europe, Southeast Asia and Taiwan.
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