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Shandong Donghong Pipe Industry Co's quarterly market cap
increased
from Sep. 2025 (¥3,246 Mil) to Dec. 2025 (¥3,517 Mil) and
increased
from Dec. 2025 (¥3,517 Mil) to Mar. 2026 (¥3,653 Mil).
Shandong Donghong Pipe Industry Co's annual market cap
declined
from Dec. 2023 (¥2,998 Mil) to Dec. 2024 (¥2,833 Mil) but then
increased
from Dec. 2024 (¥2,833 Mil) to Dec. 2025 (¥3,517 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. Shandong Donghong Pipe Industry Co's Enterprise Value for Today is ¥2,928 Mil.
Shandong Donghong Pipe Industry Co (SHSE:603856) 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 companys 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.
Shandong Donghong Pipe Industry Co Market Cap Related Terms
Shandong Donghong Pipe Industry Co Market Cap Historical Data
* 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.
Shandong Donghong Pipe Industry Co Market Cap Chart
SHSE:603856 vs TT, JCI, CARR: Market Cap Comparison
For the Building Products & Equipment subindustry, Shandong Donghong Pipe Industry 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.
Shandong Donghong Pipe Industry Co Market Cap vs Construction Industry
For the Construction industry and Industrials sector, Shandong Donghong Pipe Industry Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Shandong Donghong Pipe Industry Co's Market Cap falls into.
Shandong Donghong Pipe Industry 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.
* 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.
Shandong Donghong Pipe Industry Co (SHSE:603856) has a Market Cap of ¥3,199 Mil as of Jul. 19, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Shandong Donghong Pipe Industry Co and its competitors. According to the industry distribution chart, Shandong Donghong Pipe Industry Co ranks #509 out of 1811 companies in the Construction industry, placing it in the top 28.1%.
Is Shandong Donghong Pipe Industry Co's Market Cap too high?
Shandong Donghong Pipe Industry Co's current Market Cap is ¥3,199 Mil. Based on the distribution chart, Shandong Donghong Pipe Industry Co ranks #509 out of 1811 companies in the Construction industry, which is above the industry midpoint. Overall, Shandong Donghong Pipe Industry Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Donghong Pipe Industry Co's Market Cap compare to TT and JCI?
According to the Construction industry distribution chart, Shandong Donghong Pipe Industry Co ranks #509 out of 1811 companies for Market Cap. This puts Shandong Donghong Pipe Industry Co in the upper half of its industry. The industry median Market Cap is 116.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Construction company?
The median Market Cap among Construction companies is 116.08, based on 1,811 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Shandong Donghong Pipe Industry Co and its competitors. For the Construction industry, the median Market Cap is 116.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Donghong Pipe Industry Co's current Market Cap is ¥3,199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Donghong Pipe Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Donghong Pipe Industry Co (SHSE:603856) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.28, compared to a current price of ¥11.34 — trading 22.2% above its estimated fair value. The current Market Cap is ¥3,199 Mil. Shandong Donghong Pipe Industry Co's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Shandong Donghong Pipe Industry Co (SHSE:603856), the current Market Cap is ¥3,199 Mil as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shandong Donghong Pipe Industry Co (SHSE:603856) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Donghong Pipe Industry Co stock appears to be overvalued.
The current stock price of ¥11.34 is trading 22.2% above its estimated GF Value™ of ¥9.28.
GuruFocus considers Shandong Donghong Pipe Industry Co to be Modestly Overvalued.
Key valuation signals for SHSE:603856:
Market Cap: ¥3,199 Mil
GF Value™: ¥9.28 vs. price of ¥11.34 (22.2% above fair value)
No single metric tells the full story. See the SHSE:603856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Donghong Pipe Industry Co Business Description
Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.
79GF Score
Get the complete analysis for SHSE:603856
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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