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Xinjiang Torch Gas Co (SHSE:603080) Market Cap : ¥2,509 Mil (As of Dec. 12, 2024)


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What is Xinjiang Torch Gas 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). Xinjiang Torch Gas Co's share price for the quarter that ended in Sep. 2024 was ¥15.58. Xinjiang Torch Gas Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 142 Mil. Therefore, Xinjiang Torch Gas Co's market cap for the quarter that ended in Sep. 2024 was ¥2,205 Mil.

Xinjiang Torch Gas Co's quarterly market cap declined from Mar. 2024 (¥2,019 Mil) to Jun. 2024 (¥1,905 Mil) but then increased from Jun. 2024 (¥1,905 Mil) to Sep. 2024 (¥2,205 Mil).

Xinjiang Torch Gas Co's annual market cap declined from Dec. 2021 (¥2,434 Mil) to Dec. 2022 (¥1,970 Mil) but then increased from Dec. 2022 (¥1,970 Mil) to Dec. 2023 (¥2,357 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. Xinjiang Torch Gas Co's Enterprise Value for Today is ¥2,340 Mil.


Xinjiang Torch Gas Co Market Cap Historical Data

The historical data trend for Xinjiang Torch Gas 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.

Xinjiang Torch Gas Co Market Cap Chart

Xinjiang Torch Gas Co 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 2,347.49 1,838.09 2,433.80 1,969.68 2,357.39

Xinjiang Torch Gas Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2,351.73 2,357.39 2,019.21 1,904.59 2,204.57

Competitive Comparison of Xinjiang Torch Gas Co's Market Cap

For the Utilities - Regulated Gas subindustry, Xinjiang Torch Gas 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.


Xinjiang Torch Gas Co's Market Cap Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Xinjiang Torch Gas Co's Market Cap falls into.



Xinjiang Torch Gas 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.

Xinjiang Torch Gas Co'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 )
=¥16.66*141.5
=¥2,357

Xinjiang Torch Gas Co's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=¥15.58*141.5
=¥2,205

* 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.


Xinjiang Torch Gas Co  (SHSE:603080) 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.


Xinjiang Torch Gas Co Market Cap Related Terms

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Xinjiang Torch Gas Co Business Description

Traded in Other Exchanges
N/A
Address
77 Shiji Avenue South Road, Kashgar, CHN, 844000
Xinjiang Torch Gas Co Ltd is engaged in the sale of natural gas. The company also offers gas appliances and accessories, provides long-distance pipe network and other related services.
Executives
Zhao Ke Wen senior management

Xinjiang Torch Gas Co Headlines

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