China Three Gorges Renewables (Group) Co's quarterly market cap
declined
from Mar. 2024 (¥134,234 Mil) to Jun. 2024 (¥124,789 Mil) but then
increased
from Jun. 2024 (¥124,789 Mil) to Sep. 2024 (¥138,810 Mil).
China Three Gorges Renewables (Group) Co's annual market cap
declined
from Dec. 2021 (¥214,568 Mil) to Dec. 2022 (¥161,700 Mil) and
declined
from Dec. 2022 (¥161,700 Mil) to Dec. 2023 (¥125,083 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 Three Gorges Renewables (Group) Co's Enterprise Value for Today is ¥303,516 Mil.
China Three Gorges Renewables (Group) 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.
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China Three Gorges Renewables (Group) Co Market Cap Chart
China Three Gorges Renewables (Group) Co Annual Data
Competitive Comparison of China Three Gorges Renewables (Group) Co's Market Cap
For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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 Three Gorges Renewables (Group) Co's Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Market Cap distribution charts can be found below:
* The bar in red indicates where China Three Gorges Renewables (Group) Co's Market Cap falls into.
China Three Gorges Renewables (Group) 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.
China Three Gorges Renewables (Group) Co (SHSE:600905) 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.
China Three Gorges Renewables (Group) Co Market Cap Related Terms
Thank you for viewing the detailed overview of China Three Gorges Renewables (Group) Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
China Three Gorges Renewables (Group) Co Business Description
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 40.0 gigawatts as of the end of 2023. In particular, the firm is also one of the largest offshore wind farm operators in China, with 5.5 GW of installed capacity at the end of 2023, representing about 15% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.5% of CTGR's issued shares as of the end of 2023.
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