China Three Gorges Renewables (Group) Co (SHSE:600905) Market Cap : ¥138,527 Mil (As of Apr. 28, 2024)

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What is China Three Gorges Renewables (Group) 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 Three Gorges Renewables (Group) Co's share price for the quarter that ended in Sep. 2023 was ¥4.78. China Three Gorges Renewables (Group) Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 28,623 Mil. Therefore, China Three Gorges Renewables (Group) Co's market cap for the quarter that ended in Sep. 2023 was ¥136,818 Mil.

China Three Gorges Renewables (Group) Co's quarterly market cap declined from Mar. 2023 (¥156,866 Mil) to Jun. 2023 (¥153,711 Mil) and declined from Jun. 2023 (¥153,711 Mil) to Sep. 2023 (¥136,818 Mil).

China Three Gorges Renewables (Group) Co's annual market cap increased from Dec. 2020 (¥0 Mil) to Dec. 2021 (¥214,568 Mil) but then declined from Dec. 2021 (¥214,568 Mil) to Dec. 2022 (¥161,700 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 ¥274,503 Mil.

China Three Gorges Renewables (Group) Co Market Cap Historical Data

The historical data trend for China Three Gorges Renewables (Group) 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.

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China Three Gorges Renewables (Group) Co Market Cap Chart

China Three Gorges Renewables (Group) Co Annual Data

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Market Cap

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214,568.21

161,700.18

China Three Gorges Renewables (Group) Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Market Cap	Get a 7-Day Free Trial															161,127.79	161,700.18	156,866.10	153,711.42	136,818.42

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.

China Three Gorges Renewables (Group) Co's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )	=	Share Price (A: Dec. 2022 )	*	Shares Outstanding (EOP) (A: Dec. 2022 )
	=	¥5.65	*	28619.5
	=	¥161,700

China Three Gorges Renewables (Group) Co's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )	=	Share Price (Q: Sep. 2023 )	*	Shares Outstanding (EOP) (Q: Sep. 2023 )
	=	¥4.78	*	28623.1
	=	¥136,818

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

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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Three Gorges Renewables (Group) Co Ltd (SHSE:600905) » Definitions » Market Cap

Traded in Other Exchanges

N/A

Address

No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149

Website

https://www.ctgne.com

China Three Gorges Renewables, or CTGR, 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 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

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