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Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Market Cap : ¥1,784 Mil (As of May. 04, 2024)


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What is Shenzhen Sunxing Light Alloys Materials 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). Shenzhen Sunxing Light Alloys Materials Co's share price for the quarter that ended in Mar. 2024 was ¥11.88. Shenzhen Sunxing Light Alloys Materials Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 166 Mil. Therefore, Shenzhen Sunxing Light Alloys Materials Co's market cap for the quarter that ended in Mar. 2024 was ¥1,972 Mil.

Shenzhen Sunxing Light Alloys Materials Co's quarterly market cap increased from Sep. 2023 (¥2,735 Mil) to Dec. 2023 (¥2,752 Mil) but then declined from Dec. 2023 (¥2,752 Mil) to Mar. 2024 (¥1,972 Mil).

Shenzhen Sunxing Light Alloys Materials Co's annual market cap declined from Dec. 2021 (¥4,550 Mil) to Dec. 2022 (¥3,075 Mil) and declined from Dec. 2022 (¥3,075 Mil) to Dec. 2023 (¥2,752 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. Shenzhen Sunxing Light Alloys Materials Co's Enterprise Value for Today is ¥3,120 Mil.


Shenzhen Sunxing Light Alloys Materials Co Market Cap Historical Data

The historical data trend for Shenzhen Sunxing Light Alloys Materials 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.

Shenzhen Sunxing Light Alloys Materials Co Market Cap Chart

Shenzhen Sunxing Light Alloys Materials 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 4,129.60 2,758.40 4,550.05 3,075.09 2,751.53

Shenzhen Sunxing Light Alloys Materials 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 3,317.40 2,945.70 2,734.94 2,751.53 1,971.55

Competitive Comparison of Shenzhen Sunxing Light Alloys Materials Co's Market Cap

For the Aluminum subindustry, Shenzhen Sunxing Light Alloys Materials 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.


Shenzhen Sunxing Light Alloys Materials Co's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shenzhen Sunxing Light Alloys Materials Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Shenzhen Sunxing Light Alloys Materials Co's Market Cap falls into.



Shenzhen Sunxing Light Alloys Materials 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.

Shenzhen Sunxing Light Alloys Materials 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 )
=¥16.58*165.955
=¥2,752

Shenzhen Sunxing Light Alloys Materials 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 )
=¥11.88*165.955
=¥1,972

* 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.


Shenzhen Sunxing Light Alloys Materials Co  (SHSE:603978) 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.


Shenzhen Sunxing Light Alloys Materials Co Market Cap Related Terms

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Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Business Description

Traded in Other Exchanges
N/A
Address
6013 Shennan Road, 1404, Zhongguo Youse Building, Shenzhen, CHN
Shenzhen Sunxing Light Alloys Materials Co Ltd operates in the industrial metals and minerals sector. The company is mainly engaged in the research and development, production and sales of aluminium grain refiners. The products are widely used in various fields such as aerospace, rail transportation, military, marine, construction, machinery manufacturing, and chemical industry.

Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Headlines

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