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Jinhong Gas Co (SHSE:688106) Market Cap : ¥8,825 Mil (As of May. 27, 2024)


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What is Jinhong Gas 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). Jinhong Gas Co's share price for the quarter that ended in Mar. 2024 was ¥19.06. Jinhong Gas Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 487 Mil. Therefore, Jinhong Gas Co's market cap for the quarter that ended in Mar. 2024 was ¥9,281 Mil.

Jinhong Gas Co's quarterly market cap declined from Sep. 2023 (¥12,583 Mil) to Dec. 2023 (¥11,730 Mil) and declined from Dec. 2023 (¥11,730 Mil) to Mar. 2024 (¥9,281 Mil).

Jinhong Gas Co's annual market cap declined from Dec. 2021 (¥13,469 Mil) to Dec. 2022 (¥9,111 Mil) but then increased from Dec. 2022 (¥9,111 Mil) to Dec. 2023 (¥11,730 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. Jinhong Gas Co's Enterprise Value for Today is ¥8,772 Mil.


Jinhong Gas Co Market Cap Historical Data

The historical data trend for Jinhong Gas 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.

Jinhong Gas Co Market Cap Chart

Jinhong Gas 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 - 14,723.72 13,469.30 9,110.85 11,730.46

Jinhong Gas 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 11,281.06 13,243.19 12,582.61 11,730.46 9,281.13

Competitive Comparison of Jinhong Gas Co's Market Cap

For the Specialty Chemicals subindustry, Jinhong Gas 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.


Jinhong Gas Co's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jinhong Gas Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Jinhong Gas Co's Market Cap falls into.



Jinhong Gas 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.

Jinhong Gas 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 )
=¥24.09*486.943
=¥11,730

Jinhong Gas 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 )
=¥19.06*486.943
=¥9,281

* 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.


Jinhong Gas Co  (SHSE:688106) 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.


Jinhong Gas Co Market Cap Related Terms

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Jinhong Gas Co (SHSE:688106) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Anmin Road, Panyang Industrial Park, Huangdai Town, Huangdai Town, Suzhou, CHN, 215152
Jinhong Gas Co Ltd is engaged in production, sales and service of environmentally intensive integrated gas. The company provides customers with one-stop gas supply solutions for various bulk gases, special gases and natural gasother fields.
Executives
Chen Qi Feng Core technical personnel
Shi Dong Sheng Directors, senior managers, core technical personn
Jin Xiang Hua Director
Ge Hui Fang Supervisors
Liu Bing Feng Supervisors

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