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Gome Telecom Equipment Co (SHSE:600898) Market Cap : ¥493.71 Mil (As of Dec. 15, 2024)


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What is Gome Telecom Equipment 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). Gome Telecom Equipment Co's share price for the quarter that ended in Sep. 2024 was ¥1.75. Gome Telecom Equipment Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 285.38 Mil. Therefore, Gome Telecom Equipment Co's market cap for the quarter that ended in Sep. 2024 was ¥499.42 Mil.

Gome Telecom Equipment Co's quarterly market cap declined from Mar. 2024 (¥459.46 Mil) to Jun. 2024 (¥285.38 Mil) but then increased from Jun. 2024 (¥285.38 Mil) to Sep. 2024 (¥499.42 Mil).

Gome Telecom Equipment Co's annual market cap increased from Dec. 2021 (¥1,475.42 Mil) to Dec. 2022 (¥1,506.81 Mil) but then declined from Dec. 2022 (¥1,506.81 Mil) to Dec. 2023 (¥744.84 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. Gome Telecom Equipment Co's Enterprise Value for Today is ¥610.51 Mil.


Gome Telecom Equipment Co Market Cap Historical Data

The historical data trend for Gome Telecom Equipment 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.

Gome Telecom Equipment Co Market Cap Chart

Gome Telecom Equipment 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 1,984.84 1,520.19 1,475.42 1,506.81 744.84

Gome Telecom Equipment Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 967.44 744.84 459.46 285.38 499.42

Competitive Comparison of Gome Telecom Equipment Co's Market Cap

For the Consumer Electronics subindustry, Gome Telecom Equipment 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.


Gome Telecom Equipment Co's Market Cap Distribution in the Hardware Industry

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

* The bar in red indicates where Gome Telecom Equipment Co's Market Cap falls into.



Gome Telecom Equipment 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.

Gome Telecom Equipment 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 )
=¥2.61*285.381
=¥744.84

Gome Telecom Equipment Co's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=¥1.75*285.381
=¥499.42

* 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.


Gome Telecom Equipment Co  (SHSE:600898) 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.


Gome Telecom Equipment Co Market Cap Related Terms

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Gome Telecom Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Baotuquan North Road, Lixia District, Shandong Province, Jinan, CHN, 250011
Gome Telecom Equipment Co is a China-based company. Its main business activities include the development, production, and sales of intelligent mobile terminals, communications, and other electronic equipment manufacturing. Products offered by the company include private-label mobile phones, original design manufacturer (ODM) mobile communication devices and ODM mobile communication motherboards. The company also design, produce and sell mobile phones under its brand Gome mobile phones.
Executives
Sha Xiang senior management

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