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Qingdao Topscomm Communication (SHSE:603421) Market Cap : ¥3,717 Mil (As of May. 01, 2024)


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What is Qingdao Topscomm Communication 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 Topscomm Communication's share price for the quarter that ended in Sep. 2023 was ¥10.66. Qingdao Topscomm Communication's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 652 Mil. Therefore, Qingdao Topscomm Communication's market cap for the quarter that ended in Sep. 2023 was ¥6,952 Mil.

Qingdao Topscomm Communication's quarterly market cap declined from Mar. 2023 (¥7,005 Mil) to Jun. 2023 (¥6,815 Mil) but then increased from Jun. 2023 (¥6,815 Mil) to Sep. 2023 (¥6,952 Mil).

Qingdao Topscomm Communication's annual market cap declined from Dec. 2020 (¥6,101 Mil) to Dec. 2021 (¥5,559 Mil) and declined from Dec. 2021 (¥5,559 Mil) to Dec. 2022 (¥5,459 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 Topscomm Communication's Enterprise Value for Today is ¥4,188 Mil.


Qingdao Topscomm Communication Market Cap Historical Data

The historical data trend for Qingdao Topscomm Communication'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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Qingdao Topscomm Communication Market Cap Chart

Qingdao Topscomm Communication 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 9,662.95 8,126.40 6,100.69 5,558.66 5,458.83

Qingdao Topscomm Communication 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 4,682.72 5,458.83 7,004.52 6,815.39 6,952.35

Competitive Comparison of Qingdao Topscomm Communication's Market Cap

For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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 Topscomm Communication's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Market Cap distribution charts can be found below:

* The bar in red indicates where Qingdao Topscomm Communication's Market Cap falls into.



Qingdao Topscomm Communication 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 Topscomm Communication'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 )
=¥8.37*652.19
=¥5,459

Qingdao Topscomm Communication'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 )
=¥10.66*652.19
=¥6,952

* 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 Topscomm Communication  (SHSE:603421) 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 Topscomm Communication Market Cap Related Terms

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Qingdao Topscomm Communication (SHSE:603421) Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.

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