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Hunan Sokan New Materials Co (SHSE:688157) Market Cap : ¥3,713.0 Mil (As of Jun. 14, 2024)


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What is Hunan Sokan New 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). Hunan Sokan New Materials Co's share price for the quarter that ended in Mar. 2024 was ¥37.43. Hunan Sokan New Materials Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 111.7 Mil. Therefore, Hunan Sokan New Materials Co's market cap for the quarter that ended in Mar. 2024 was ¥4,182.3 Mil.

Hunan Sokan New Materials Co's quarterly market cap declined from Sep. 2023 (¥6,520.9 Mil) to Dec. 2023 (¥6,027.0 Mil) and declined from Dec. 2023 (¥6,027.0 Mil) to Mar. 2024 (¥4,182.3 Mil).

Hunan Sokan New Materials Co's annual market cap declined from Dec. 2021 (¥9,687.3 Mil) to Dec. 2022 (¥6,983.5 Mil) and declined from Dec. 2022 (¥6,983.5 Mil) to Dec. 2023 (¥6,027.0 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. Hunan Sokan New Materials Co's Enterprise Value for Today is ¥3,684.3 Mil.


Hunan Sokan New Materials Co Market Cap Historical Data

The historical data trend for Hunan Sokan New 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.

Hunan Sokan New Materials Co Market Cap Chart

Hunan Sokan New Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 6,606.80 9,687.32 6,983.50 6,027.04

Hunan Sokan New 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 8,037.01 5,877.31 6,520.91 6,027.04 4,182.28

Competitive Comparison of Hunan Sokan New Materials Co's Market Cap

For the Specialty Chemicals subindustry, Hunan Sokan New 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.


Hunan Sokan New Materials Co's Market Cap Distribution in the Chemicals Industry

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

* The bar in red indicates where Hunan Sokan New Materials Co's Market Cap falls into.



Hunan Sokan New 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.

Hunan Sokan New 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 )
=¥53.94*111.736
=¥6,027.0

Hunan Sokan New 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 )
=¥37.43*111.736
=¥4,182.3

* 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.


Hunan Sokan New Materials Co  (SHSE:688157) 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.


Hunan Sokan New Materials Co Market Cap Related Terms

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Hunan Sokan New Materials Co (SHSE:688157) Business Description

Traded in Other Exchanges
N/A
Address
No.777, Sanhuan North Road, Ningxiang Economic and Technological Development Zone, Hunan Province, Ningxiang, CHN, 410600
Hunan Sokan New Materials Co Ltd is engaged in production and sales of new functional coating materials such as paints and special inks. It provides services to market segments such as mobile phones and related accessories, notebook computers and related accessories, wearable devices, and smart home appliances, passenger cars.
Executives
Director
Wang Wei Guo Directors, senior managers
Yang Bo Director
Wu Song Director
Li Ping Core technical personnel
Zhang Ying Qiang senior management
Mou Pei Kai Director
Xu Rui Hong Supervisors
Tang Xiao Qin Supervisors
Li Yu Liang Core technical personnel
Wu Jun Yun senior management

Hunan Sokan New Materials Co (SHSE:688157) Headlines

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