Gome Telecom Equipment Co's quarterly market cap
declined
from Sep. 2023 (¥967.44 Mil) to Dec. 2023 (¥744.84 Mil) and
declined
from Dec. 2023 (¥744.84 Mil) to Mar. 2024 (¥459.46 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 ¥432.05 Mil.
Gome Telecom Equipment Co Market Cap Historical Data
* 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 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.
* 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 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.
Gome Telecom Equipment Co Market Cap Related Terms
Thank you for viewing the detailed overview of Gome Telecom Equipment Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Gome Telecom Equipment Co (SHSE:600898) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:600898 has been successfully added to your 