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Zhejiang Rongtai Electric Material Co (SHSE:603119) Market Cap : ¥15,525 Mil (As of Apr. 23, 2025)


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What is Zhejiang Rongtai Electric Material 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). Zhejiang Rongtai Electric Material Co's share price for the quarter that ended in Sep. 2024 was ¥16.6. Zhejiang Rongtai Electric Material Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 364 Mil. Therefore, Zhejiang Rongtai Electric Material Co's market cap for the quarter that ended in Sep. 2024 was ¥6,038 Mil.

Zhejiang Rongtai Electric Material Co's quarterly market cap declined from Mar. 2024 (¥7,050 Mil) to Jun. 2024 (¥6,446 Mil) and declined from Jun. 2024 (¥6,446 Mil) to Sep. 2024 (¥6,038 Mil).

Zhejiang Rongtai Electric Material Co's annual market cap stayed the same from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥0 Mil) but then increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥6,776 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. Zhejiang Rongtai Electric Material Co's Enterprise Value for Today is ¥13,308 Mil.


Zhejiang Rongtai Electric Material Co Market Cap Historical Data

The historical data trend for Zhejiang Rongtai Electric Material 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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Zhejiang Rongtai Electric Material Co Market Cap Chart

Zhejiang Rongtai Electric Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - - - 6,776.00

Zhejiang Rongtai Electric Material Co Quarterly Data
Dec19 Dec20 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 6,792.80 6,776.00 7,050.40 6,445.51 6,038.12

Competitive Comparison of Zhejiang Rongtai Electric Material Co's Market Cap

For the Electronic Components subindustry, Zhejiang Rongtai Electric Material 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.


Zhejiang Rongtai Electric Material Co's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Rongtai Electric Material Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Rongtai Electric Material Co's Market Cap falls into.


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Zhejiang Rongtai Electric Material 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.

Zhejiang Rongtai Electric Material 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 )
=¥18.615384*364.000
=¥6,776

Zhejiang Rongtai Electric Material 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 )
=¥16.6*363.742
=¥6,038

* 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.


Zhejiang Rongtai Electric Material Co  (SHSE:603119) 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.


Zhejiang Rongtai Electric Material Co Market Cap Related Terms

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Zhejiang Rongtai Electric Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Zhongxing Road, Fengqiao Town, Nanhu, Zhejiang, Jiaxing, CHN, 314007
Zhejiang Rongtai Electric Material Co Ltd is a high-tech enterprise specializing in the research, development, production, and sales of new composite materials of high temperature resistant insulating mica with multiple plants in Zhejiang and Hunan, and is one of the global market leaders in mica products. Its main products include mica rigid materials, flexible materials, heat generating components, thermal management mica safety components and various mica derivative products. its mica products are widely used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances and other related industrial fields, and provide customers with professional one-stop system solutions for electrical and thermal insulation.
Executives
Zheng Min Min Director
Ge Tai Rong Director
Cao Mei Sheng Director
Jing Fei Director

Zhejiang Rongtai Electric Material Co Headlines

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