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Chongqing Gas Group (SHSE:600917) Market Cap : ¥9,617 Mil (As of May. 27, 2024)


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What is Chongqing Gas Group 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). Chongqing Gas Group's share price for the quarter that ended in Mar. 2024 was ¥6.17. Chongqing Gas Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,571 Mil. Therefore, Chongqing Gas Group's market cap for the quarter that ended in Mar. 2024 was ¥9,695 Mil.

Chongqing Gas Group's quarterly market cap declined from Sep. 2023 (¥10,795 Mil) to Dec. 2023 (¥10,119 Mil) and declined from Dec. 2023 (¥10,119 Mil) to Mar. 2024 (¥9,695 Mil).

Chongqing Gas Group's annual market cap declined from Dec. 2021 (¥13,184 Mil) to Dec. 2022 (¥12,508 Mil) and declined from Dec. 2022 (¥12,508 Mil) to Dec. 2023 (¥10,119 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. Chongqing Gas Group's Enterprise Value for Today is ¥9,588 Mil.


Chongqing Gas Group Market Cap Historical Data

The historical data trend for Chongqing Gas Group'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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Chongqing Gas Group Market Cap Chart

Chongqing Gas Group 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 11,296.56 10,779.39 13,183.54 12,507.87 10,119.43

Chongqing Gas Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11,816.48 10,685.11 10,795.11 10,119.43 9,695.17

Competitive Comparison of Chongqing Gas Group's Market Cap

For the Utilities - Regulated Gas subindustry, Chongqing Gas Group'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.


Chongqing Gas Group's Market Cap Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chongqing Gas Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Chongqing Gas Group's Market Cap falls into.



Chongqing Gas Group 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.

Chongqing Gas Group'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 )
=¥6.44*1571.34
=¥10,119

Chongqing Gas Group's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=¥6.17*1571.34
=¥9,695

* 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.


Chongqing Gas Group  (SHSE:600917) 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.


Chongqing Gas Group Market Cap Related Terms

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Chongqing Gas Group (SHSE:600917) Business Description

Traded in Other Exchanges
N/A
Address
Jiangbei District Court, a small village on the 30th, Chongqing, CHN, 400020
Chongqing Gas Group Corporation Ltd engages in the design, manufacture, installation, maintenance, sale, management, and technical consultation of gas supply and pipe network in China. It also supplies, transport, storage, distributes, and sale gas. The company engages in the supply of heating, cooling, and cogeneration; pipe anti-corrosion processing; and gas appliance sales and other business operations.
Executives
Wang Song Qiu Director
Li Jin Yan senior management
Fu Xiu Ping senior management
Wu Can Guang Director
Jiang Ying Hui senior management
Wang Ji Wu Director
Wen Xiao Song senior management

Chongqing Gas Group (SHSE:600917) Headlines

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