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Qianhe Condiment and Food Co (SHSE:603027) Market Cap : ¥16,875 Mil (As of Apr. 27, 2024)


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What is Qianhe Condiment and Food 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). Qianhe Condiment and Food Co's share price for the quarter that ended in Sep. 2023 was ¥17.33. Qianhe Condiment and Food Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 1,028 Mil. Therefore, Qianhe Condiment and Food Co's market cap for the quarter that ended in Sep. 2023 was ¥17,812 Mil.

Qianhe Condiment and Food Co's quarterly market cap declined from Mar. 2023 (¥23,113 Mil) to Jun. 2023 (¥20,391 Mil) and declined from Jun. 2023 (¥20,391 Mil) to Sep. 2023 (¥17,812 Mil).

Qianhe Condiment and Food Co's annual market cap declined from Dec. 2020 (¥24,883 Mil) to Dec. 2021 (¥19,235 Mil) but then increased from Dec. 2021 (¥19,235 Mil) to Dec. 2022 (¥20,062 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. Qianhe Condiment and Food Co's Enterprise Value for Today is ¥15,280 Mil.


Qianhe Condiment and Food Co Market Cap Historical Data

The historical data trend for Qianhe Condiment and Food 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.

Qianhe Condiment and Food Co Market Cap Chart

Qianhe Condiment and Food Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,017.00 9,903.95 24,882.90 19,234.71 20,062.45

Qianhe Condiment and Food 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 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 14,559.27 20,062.45 23,113.33 20,390.71 17,812.12

Competitive Comparison of Qianhe Condiment and Food Co's Market Cap

For the Packaged Foods subindustry, Qianhe Condiment and Food 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.


Qianhe Condiment and Food Co's Market Cap Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qianhe Condiment and Food Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Qianhe Condiment and Food Co's Market Cap falls into.



Qianhe Condiment and Food 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.

Qianhe Condiment and Food 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 )
=¥20.78*965.469
=¥20,062

Qianhe Condiment and Food 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 )
=¥17.33*1027.82
=¥17,812

* 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.


Qianhe Condiment and Food Co  (SHSE:603027) 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.


Qianhe Condiment and Food Co Market Cap Related Terms

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Qianhe Condiment and Food Co (SHSE:603027) Business Description

Traded in Other Exchanges
N/A
Address
South China Min Hongjiadu, Dongpo District, Sichuan, Meishan, CHN
Qianhe Condiment and Food Co Ltd manufacture and sells various food additives in China. It provides soy sauce, rice vinegar and wine, onion ginger and cooking wine, and other spices.

Qianhe Condiment and Food Co (SHSE:603027) Headlines

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