GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Hiron Commercial Cold Chain Co Ltd (SHSE:603187) » Definitions » Market Cap

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Market Cap : ¥5,619 Mil (As of Apr. 27, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Qingdao Hiron Commercial Cold Chain 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). Qingdao Hiron Commercial Cold Chain Co's share price for the quarter that ended in Dec. 2023 was ¥15.16. Qingdao Hiron Commercial Cold Chain Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 386 Mil. Therefore, Qingdao Hiron Commercial Cold Chain Co's market cap for the quarter that ended in Dec. 2023 was ¥5,859 Mil.

Qingdao Hiron Commercial Cold Chain Co's quarterly market cap declined from Jun. 2023 (¥7,726 Mil) to Sep. 2023 (¥6,438 Mil) and declined from Sep. 2023 (¥6,438 Mil) to Dec. 2023 (¥5,859 Mil).

Qingdao Hiron Commercial Cold Chain Co's annual market cap declined from Dec. 2021 (¥11,602 Mil) to Dec. 2022 (¥8,756 Mil) and declined from Dec. 2022 (¥8,756 Mil) to Dec. 2023 (¥5,859 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. Qingdao Hiron Commercial Cold Chain Co's Enterprise Value for Today is ¥3,505 Mil.


Qingdao Hiron Commercial Cold Chain Co Market Cap Historical Data

The historical data trend for Qingdao Hiron Commercial Cold Chain 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.

Qingdao Hiron Commercial Cold Chain Co Market Cap Chart

Qingdao Hiron Commercial Cold Chain 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 3,694.84 9,508.79 11,602.08 8,756.40 5,858.52

Qingdao Hiron Commercial Cold Chain Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8,756.40 7,412.05 7,725.64 6,438.19 5,858.52

Competitive Comparison of Qingdao Hiron Commercial Cold Chain Co's Market Cap

For the Business Equipment & Supplies subindustry, Qingdao Hiron Commercial Cold Chain 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.


Qingdao Hiron Commercial Cold Chain Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Hiron Commercial Cold Chain Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Qingdao Hiron Commercial Cold Chain Co's Market Cap falls into.



Qingdao Hiron Commercial Cold Chain 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.

Qingdao Hiron Commercial Cold Chain 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 )
=¥15.16*386.446
=¥5,859

Qingdao Hiron Commercial Cold Chain Co's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=¥15.16*386.446
=¥5,859

* 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.


Qingdao Hiron Commercial Cold Chain Co  (SHSE:603187) 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.


Qingdao Hiron Commercial Cold Chain Co Market Cap Related Terms

Thank you for viewing the detailed overview of Qingdao Hiron Commercial Cold Chain Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Business Description

Traded in Other Exchanges
N/A
Address
No. 1817, Yinzhushan Road, Huangdao District, Shandong, Qingdao, CHN, 266400
Qingdao Hiron Commercial Cold Chain Co Ltd is engaged in research and development, production, sales and service of commercial cold chain equipment. The company has a wide range of product types, including horizontal curved door freezer display cabinets, horizontal flat door freezer display cabinets, vertical freezer display cabinets, vertical refrigerated display cabinets, horizontal flat door refrigerated display cabinets, island cabinets, and air curtains.

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Headlines

No Headlines