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Shanghai Rongtai Health Technology (SHSE:603579) Market Cap : ¥2,872 Mil (As of Jun. 18, 2024)


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What is Shanghai Rongtai Health Technology 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). Shanghai Rongtai Health Technology's share price for the quarter that ended in Mar. 2024 was ¥15.0769. Shanghai Rongtai Health Technology's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 181 Mil. Therefore, Shanghai Rongtai Health Technology's market cap for the quarter that ended in Mar. 2024 was ¥2,724 Mil.

Shanghai Rongtai Health Technology's quarterly market cap declined from Sep. 2023 (¥3,299 Mil) to Dec. 2023 (¥2,895 Mil) and declined from Dec. 2023 (¥2,895 Mil) to Mar. 2024 (¥2,724 Mil).

Shanghai Rongtai Health Technology's annual market cap declined from Dec. 2021 (¥4,668 Mil) to Dec. 2022 (¥2,798 Mil) but then increased from Dec. 2022 (¥2,798 Mil) to Dec. 2023 (¥2,895 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. Shanghai Rongtai Health Technology's Enterprise Value for Today is ¥2,425 Mil.


Shanghai Rongtai Health Technology Market Cap Historical Data

The historical data trend for Shanghai Rongtai Health Technology'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.

Shanghai Rongtai Health Technology Market Cap Chart

Shanghai Rongtai Health Technology 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 4,354.00 4,223.80 4,667.71 2,798.06 2,894.85

Shanghai Rongtai Health Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,194.19 2,907.33 3,299.25 2,894.85 2,723.90

Competitive Comparison of Shanghai Rongtai Health Technology's Market Cap

For the Leisure subindustry, Shanghai Rongtai Health Technology'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.


Shanghai Rongtai Health Technology's Market Cap Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Rongtai Health Technology's Market Cap distribution charts can be found below:

* The bar in red indicates where Shanghai Rongtai Health Technology's Market Cap falls into.



Shanghai Rongtai Health Technology 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.

Shanghai Rongtai Health Technology'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 )
=¥16.0231*180.667
=¥2,895

Shanghai Rongtai Health Technology's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=¥15.0769*180.667
=¥2,724

* 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.


Shanghai Rongtai Health Technology  (SHSE:603579) 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.


Shanghai Rongtai Health Technology Market Cap Related Terms

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Shanghai Rongtai Health Technology (SHSE:603579) Business Description

Traded in Other Exchanges
N/A
Address
No. 1226 Zhu Feng Road, Qingpu District, Shanghai, CHN, 201714
Shanghai Rongtai Health Technology Corp Ltd is a China based company engaged in development, manufacturing and marketing of massage equipment. It also offers technology health solutions. The company's products include eye massager, massage chair series, mini massage chair, partial massage series products, massage stick, and waist massager.
Executives
Cao Tao Supervisors
Ying Jian Sen Director
Lin Guang Sheng Director
Lin Qi Director

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