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Leader Harmonious Drive Systems Co (SHSE:688017) Market Cap : ¥19,169.6 Mil (As of May. 30, 2024)


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What is Leader Harmonious Drive Systems 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). Leader Harmonious Drive Systems Co's share price for the quarter that ended in Mar. 2024 was ¥119.82. Leader Harmonious Drive Systems Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 168.7 Mil. Therefore, Leader Harmonious Drive Systems Co's market cap for the quarter that ended in Mar. 2024 was ¥20,210.3 Mil.

Leader Harmonious Drive Systems Co's quarterly market cap increased from Sep. 2023 (¥19,916.8 Mil) to Dec. 2023 (¥25,891.2 Mil) but then declined from Dec. 2023 (¥25,891.2 Mil) to Mar. 2024 (¥20,210.3 Mil).

Leader Harmonious Drive Systems Co's annual market cap declined from Dec. 2021 (¥21,019.9 Mil) to Dec. 2022 (¥16,315.5 Mil) but then increased from Dec. 2022 (¥16,315.5 Mil) to Dec. 2023 (¥25,891.2 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. Leader Harmonious Drive Systems Co's Enterprise Value for Today is ¥18,154.2 Mil.


Leader Harmonious Drive Systems Co Market Cap Historical Data

The historical data trend for Leader Harmonious Drive Systems 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.

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Leader Harmonious Drive Systems Co Market Cap Chart

Leader Harmonious Drive Systems Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 17,641.03 21,019.94 16,315.46 25,891.15

Leader Harmonious Drive Systems 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 18,282.36 27,392.33 19,916.79 25,891.15 20,210.28

Competitive Comparison of Leader Harmonious Drive Systems Co's Market Cap

For the Specialty Industrial Machinery subindustry, Leader Harmonious Drive Systems 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.


Leader Harmonious Drive Systems Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leader Harmonious Drive Systems Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Leader Harmonious Drive Systems Co's Market Cap falls into.



Leader Harmonious Drive Systems 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.

Leader Harmonious Drive Systems 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 )
=¥153.5*168.672
=¥25,891.2

Leader Harmonious Drive Systems 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 )
=¥119.82*168.672
=¥20,210.3

* 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.


Leader Harmonious Drive Systems Co  (SHSE:688017) 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.


Leader Harmonious Drive Systems Co Market Cap Related Terms

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Leader Harmonious Drive Systems Co (SHSE:688017) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Muxu West Road, Mudu Town, Wuzhong District, Jiangsu Province, Suzhou, CHN, 215101
Leader Harmonious Drive Systems Co Ltd is engaged in design, production and sales of precision transmission devices. The company's products include harmonic reducers, mechatronics actuators and precision parts. Its products are widely used in high-end manufacturing fields such as industrial robots, service robots, CNC machine tools, aerospace, medical equipment, semiconductor production equipment, and new energy equipment.

Leader Harmonious Drive Systems Co (SHSE:688017) Headlines

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