GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Jiecang Linear Motion Technology Co Ltd (SHSE:603583) » Definitions » Market Cap

Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583) Market Cap : ¥10,008 Mil (As of Dec. 14, 2024)


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

What is Zhejiang Jiecang Linear Motion Technology 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 Jiecang Linear Motion Technology Co's share price for the quarter that ended in Sep. 2024 was ¥19.11. Zhejiang Jiecang Linear Motion Technology Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 383 Mil. Therefore, Zhejiang Jiecang Linear Motion Technology Co's market cap for the quarter that ended in Sep. 2024 was ¥7,328 Mil.

Zhejiang Jiecang Linear Motion Technology Co's quarterly market cap increased from Mar. 2024 (¥6,611 Mil) to Jun. 2024 (¥7,838 Mil) but then declined from Jun. 2024 (¥7,838 Mil) to Sep. 2024 (¥7,328 Mil).

Zhejiang Jiecang Linear Motion Technology Co's annual market cap declined from Dec. 2021 (¥18,954 Mil) to Dec. 2022 (¥9,821 Mil) and declined from Dec. 2022 (¥9,821 Mil) to Dec. 2023 (¥7,703 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 Jiecang Linear Motion Technology Co's Enterprise Value for Today is ¥8,722 Mil.


Zhejiang Jiecang Linear Motion Technology Co Market Cap Historical Data

The historical data trend for Zhejiang Jiecang Linear Motion Technology 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.

Zhejiang Jiecang Linear Motion Technology Co Market Cap Chart

Zhejiang Jiecang Linear Motion Technology 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 7,904.15 21,075.41 18,954.49 9,820.84 7,703.44

Zhejiang Jiecang Linear Motion Technology 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 6,819.54 7,703.44 6,611.19 7,838.05 7,327.86

Competitive Comparison of Zhejiang Jiecang Linear Motion Technology Co's Market Cap

For the Specialty Industrial Machinery subindustry, Zhejiang Jiecang Linear Motion Technology 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 Jiecang Linear Motion Technology Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Jiecang Linear Motion Technology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiecang Linear Motion Technology Co's Market Cap falls into.



Zhejiang Jiecang Linear Motion Technology 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 Jiecang Linear Motion Technology 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 )
=¥20.03*384.595
=¥7,703

Zhejiang Jiecang Linear Motion Technology 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 )
=¥19.11*383.457
=¥7,328

* 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 Jiecang Linear Motion Technology Co  (SHSE:603583) 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 Jiecang Linear Motion Technology Co Market Cap Related Terms

Thank you for viewing the detailed overview of Zhejiang Jiecang Linear Motion Technology Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Jiecang Linear Motion Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Provincial High-tech Industrial Park, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang Jiecang Linear Motion Technology Co Ltd is mainly engaged in the research, development, and sales of linear drive systems. The company's linear drive system are widely used in medical care, smart office, smart home, industrial and other fields. Products offered by the company include electric push rod series, lifting column series, controller series, operator series, lift table series and other product series.
Executives
Director
Fang Hong Qiang Director
Wu Di Zeng Director
Xu Ming Feng Director
Pan Bai Xin Director
Lu Xiao Jian Director
Shen An Bin Director
Zhang Kun Yang Director

Zhejiang Jiecang Linear Motion Technology Co Headlines

No Headlines