Hoymiles Power Electronics's quarterly market cap
declined
from Sep. 2023 (¥22,846 Mil) to Dec. 2023 (¥22,496 Mil) and
declined
from Dec. 2023 (¥22,496 Mil) to Mar. 2024 (¥17,965 Mil).
Hoymiles Power Electronics's annual market cap
increased
from Dec. 2021 (¥28,160 Mil) to Dec. 2022 (¥52,480 Mil) but then
declined
from Dec. 2022 (¥52,480 Mil) to Dec. 2023 (¥22,496 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. Hoymiles Power Electronics's Enterprise Value for Today is ¥14,821 Mil.
Hoymiles Power Electronics 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.
Competitive Comparison of Hoymiles Power Electronics's Market Cap
For the Electrical Equipment & Parts subindustry, Hoymiles Power Electronics'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.
Hoymiles Power Electronics's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hoymiles Power Electronics's Market Cap distribution charts can be found below:
* The bar in red indicates where Hoymiles Power Electronics's Market Cap falls into.
Hoymiles Power Electronics 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.
Hoymiles Power Electronics (SHSE:688032) 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.
Hoymiles Power Electronics Market Cap Related Terms
Thank you for viewing the detailed overview of Hoymiles Power Electronics's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Hoymiles Power Electronics (SHSE:688032) Business Description
Hoymiles Power Electronics Inc is engaged in the research and development, manufacturing and sales of photovoltaic inverters and other power conversion equipment and electrical complete sets of equipment and related products.
Hoymiles Power Electronics (SHSE:688032) Headlines
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