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Shanghai Smith Adhesive New Material Co (SHSE:603683) Market Cap : ¥2,112 Mil (As of Jun. 18, 2024)


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What is Shanghai Smith Adhesive New 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). Shanghai Smith Adhesive New Material Co's share price for the quarter that ended in Mar. 2024 was ¥8.99. Shanghai Smith Adhesive New Material Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 259 Mil. Therefore, Shanghai Smith Adhesive New Material Co's market cap for the quarter that ended in Mar. 2024 was ¥2,327 Mil.

Shanghai Smith Adhesive New Material Co's quarterly market cap increased from Sep. 2023 (¥2,632 Mil) to Dec. 2023 (¥2,914 Mil) but then declined from Dec. 2023 (¥2,914 Mil) to Mar. 2024 (¥2,327 Mil).

Shanghai Smith Adhesive New Material Co's annual market cap declined from Dec. 2021 (¥2,522 Mil) to Dec. 2022 (¥1,724 Mil) but then increased from Dec. 2022 (¥1,724 Mil) to Dec. 2023 (¥2,914 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 Smith Adhesive New Material Co's Enterprise Value for Today is ¥2,406 Mil.


Shanghai Smith Adhesive New Material Co Market Cap Historical Data

The historical data trend for Shanghai Smith Adhesive New 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.

* Premium members only.

Shanghai Smith Adhesive New Material Co Market Cap Chart

Shanghai Smith Adhesive New Material 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 1,720.18 1,617.58 2,521.69 1,724.21 2,913.99

Shanghai Smith Adhesive New Material Co 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 2,036.91 2,512.48 2,631.90 2,913.99 2,326.53

Competitive Comparison of Shanghai Smith Adhesive New Material Co's Market Cap

For the Specialty Chemicals subindustry, Shanghai Smith Adhesive New 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.


Shanghai Smith Adhesive New Material Co's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Smith Adhesive New Material Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Shanghai Smith Adhesive New Material Co's Market Cap falls into.



Shanghai Smith Adhesive New 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.

Shanghai Smith Adhesive New 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 )
=¥11.26*258.791
=¥2,914

Shanghai Smith Adhesive New Material Co'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 )
=¥8.99*258.791
=¥2,327

* 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 Smith Adhesive New Material Co  (SHSE:603683) 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 Smith Adhesive New Material Co Market Cap Related Terms

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Shanghai Smith Adhesive New Material Co (SHSE:603683) Business Description

Traded in Other Exchanges
N/A
Address
89 Da Jiang Lu, Songjiang Qu, Shanghai, CHN, 201600
Shanghai Smith Adhesive New Material Co Ltd is engaged in producing and manufacturing adhesive materials, including special paper, US-profile adhesive tape, electronic adhesive tape, cloth-based adhesive tape and other adhesive tape products. Its main products include masking tape, duct tape, rice tape, double-sided tape, foam tape, aluminum foil tape, kraft paper tape, bopp tape, covering tape and industrial tape. Products are widely used in various fields such as household, automotive, stationary, electronic and other fields.
Executives
Wei Jia Cun Supervisors
Zhou Xiao Nan Directors, senior managers
Zhou De Biao Supervisors
Zhou Xiao Dong Director
Zheng Zhang Qin Director
Pan Xiao Chan senior management
Bai Qiu Mei Director
Yin Li senior management

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