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Xinjiang Daqo New Energy Co (SHSE:688303) Market Cap : ¥52,015 Mil (As of May. 19, 2024)


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What is Xinjiang Daqo New Energy 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). Xinjiang Daqo New Energy Co's share price for the quarter that ended in Mar. 2024 was ¥27. Xinjiang Daqo New Energy Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,145 Mil. Therefore, Xinjiang Daqo New Energy Co's market cap for the quarter that ended in Mar. 2024 was ¥57,913 Mil.

Xinjiang Daqo New Energy Co's quarterly market cap declined from Sep. 2023 (¥86,720 Mil) to Dec. 2023 (¥63,426 Mil) and declined from Dec. 2023 (¥63,426 Mil) to Mar. 2024 (¥57,913 Mil).

Xinjiang Daqo New Energy Co's annual market cap declined from Dec. 2021 (¥119,273 Mil) to Dec. 2022 (¥101,911 Mil) and declined from Dec. 2022 (¥101,911 Mil) to Dec. 2023 (¥63,426 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. Xinjiang Daqo New Energy Co's Enterprise Value for Today is ¥28,425 Mil.


Xinjiang Daqo New Energy Co Market Cap Historical Data

The historical data trend for Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co Market Cap Chart

Xinjiang Daqo New Energy Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 119,273.00 101,911.23 63,425.88

Xinjiang Daqo New Energy Co Quarterly Data
Dec17 Dec18 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 103,941.76 86,457.83 86,719.92 63,425.88 57,913.38

Competitive Comparison of Xinjiang Daqo New Energy Co's Market Cap

For the Specialty Industrial Machinery subindustry, Xinjiang Daqo New Energy 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.


Xinjiang Daqo New Energy Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xinjiang Daqo New Energy Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Xinjiang Daqo New Energy Co's Market Cap falls into.



Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy 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 )
=¥29.57*2144.94
=¥63,426

Xinjiang Daqo New Energy 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 )
=¥27*2144.94
=¥57,913

* 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.


Xinjiang Daqo New Energy Co  (SHSE:688303) 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.


Xinjiang Daqo New Energy Co Market Cap Related Terms

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Xinjiang Daqo New Energy Co (SHSE:688303) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Weiliu Road, New Chemical Material Industrial Park, Shihezi Economic Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 832000
Xinjiang Daqo New Energy Co Ltd research and development, manufacturing, and sales of high-purity polysilicon.

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