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Mingxin New Material Co (SHSE:605068) Market Cap : ¥2,518 Mil (As of Apr. 23, 2025)


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What is Mingxin 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). Mingxin New Material Co's share price for the quarter that ended in Mar. 2025 was ¥16.82. Mingxin New Material Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2025 was 175 Mil. Therefore, Mingxin New Material Co's market cap for the quarter that ended in Mar. 2025 was ¥2,942 Mil.

Mingxin New Material Co's quarterly market cap increased from Sep. 2024 (¥2,253 Mil) to Dec. 2024 (¥2,641 Mil) and increased from Dec. 2024 (¥2,641 Mil) to Mar. 2025 (¥2,942 Mil).

Mingxin New Material Co's annual market cap declined from Dec. 2022 (¥4,943 Mil) to Dec. 2023 (¥3,647 Mil) and declined from Dec. 2023 (¥3,647 Mil) to Dec. 2024 (¥2,184 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. Mingxin New Material Co's Enterprise Value for Today is ¥3,007 Mil.


Mingxin New Material Co Market Cap Historical Data

The historical data trend for Mingxin 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.

Mingxin New Material Co Market Cap Chart

Mingxin New Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Market Cap
Get a 7-Day Free Trial Premium Member Only 5,463.06 6,022.59 4,943.08 3,647.40 2,184.41

Mingxin New Material Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2,735.55 2,142.28 2,252.80 2,640.53 2,942.39

Competitive Comparison of Mingxin New Material Co's Market Cap

For the Auto Parts subindustry, Mingxin 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.


Mingxin New Material Co's Market Cap Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mingxin New Material Co's Market Cap distribution charts can be found below:

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


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Mingxin 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.

Mingxin New Material Co's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as

Market Cap (A: Dec. 2024 )=Share Price (A: Dec. 2024 )*Shares Outstanding (EOP) (A: Dec. 2024 )
=¥13.45*162.410
=¥2,184

Mingxin New Material Co's Market Cap for the quarter that ended in Mar. 2025 is calculated as

Market Cap (Q: Mar. 2025 )=Share Price (Q: Mar. 2025 )*Shares Outstanding (EOP) (Q: Mar. 2025 )
=¥16.82*174.934
=¥2,942

* 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.


Mingxin New Material Co  (SHSE:605068) 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.


Mingxin New Material Co Market Cap Related Terms

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Mingxin New Material Co Business Description

Traded in Other Exchanges
N/A
Address
Mingxin Road, No. 188, Daqiao Town, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006
Mingxin New Material Co Ltd is engaged in development, production and sales of automotive leather. The company's product is automotive interior leather, which is mainly used in automotive interior products such as seats, steering wheels, instrument panels, door panels and other high-end passenger cars.
Executives
Liu Xian Jun Directors, senior managers
Zhao Cheng Jin senior management
Xu Xing Chun Director
Shen Dan senior management
Lv Qing Qing senior management
Zhuang Jun Xin Director
Yu Hai Jie Director

Mingxin New Material Co Headlines

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