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Qing Cloud Technologies (SHSE:688316) Market Cap : ¥1,782.9 Mil (As of May. 14, 2024)


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What is Qing Cloud Technologies 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). Qing Cloud Technologies's share price for the quarter that ended in Mar. 2024 was ¥39.09. Qing Cloud Technologies's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 47.8 Mil. Therefore, Qing Cloud Technologies's market cap for the quarter that ended in Mar. 2024 was ¥1,868.0 Mil.

Qing Cloud Technologies's quarterly market cap declined from Sep. 2023 (¥2,669.8 Mil) to Dec. 2023 (¥2,474.8 Mil) and declined from Dec. 2023 (¥2,474.8 Mil) to Mar. 2024 (¥1,868.0 Mil).

Qing Cloud Technologies's annual market cap declined from Dec. 2021 (¥2,380.2 Mil) to Dec. 2022 (¥1,340.3 Mil) but then increased from Dec. 2022 (¥1,340.3 Mil) to Dec. 2023 (¥2,474.8 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. Qing Cloud Technologies's Enterprise Value for Today is ¥1,709.9 Mil.


Qing Cloud Technologies Market Cap Historical Data

The historical data trend for Qing Cloud Technologies'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.

Qing Cloud Technologies Market Cap Chart

Qing Cloud Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 2,380.23 1,340.33 2,474.84

Qing Cloud Technologies 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 3,136.30 2,372.57 2,669.80 2,474.84 1,867.95

Competitive Comparison of Qing Cloud Technologies's Market Cap

For the Software - Infrastructure subindustry, Qing Cloud Technologies'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.


Qing Cloud Technologies's Market Cap Distribution in the Software Industry

For the Software industry and Technology sector, Qing Cloud Technologies's Market Cap distribution charts can be found below:

* The bar in red indicates where Qing Cloud Technologies's Market Cap falls into.



Qing Cloud Technologies 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.

Qing Cloud Technologies'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 )
=¥51.79*47.786
=¥2,474.8

Qing Cloud Technologies'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 )
=¥39.09*47.786
=¥1,868.0

* 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.


Qing Cloud Technologies  (SHSE:688316) 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.


Qing Cloud Technologies Market Cap Related Terms

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Qing Cloud Technologies (SHSE:688316) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Chuangyuan Road, Room 601, 6th Floor, Building 16, Chaoyang District, Beijing, CHN, 100020
Qing Cloud Technologies Corp is a technology enterprise level cloud service provider and digital transformation solution provider. It is committed towards providing a solid foundation for the efficient operation of the digital world through a set of independent innovation, neutral, reliable, flexible and open full-dimensional cloud platform.

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