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Forehope Electronic (Ningbo) Co (SHSE:688362) Market Cap : ¥8,426 Mil (As of May. 29, 2024)


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What is Forehope Electronic (Ningbo) 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). Forehope Electronic (Ningbo) Co's share price for the quarter that ended in Mar. 2024 was ¥20.08. Forehope Electronic (Ningbo) Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 408 Mil. Therefore, Forehope Electronic (Ningbo) Co's market cap for the quarter that ended in Mar. 2024 was ¥8,186 Mil.

Forehope Electronic (Ningbo) Co's quarterly market cap declined from Sep. 2023 (¥11,981 Mil) to Dec. 2023 (¥10,677 Mil) and declined from Dec. 2023 (¥10,677 Mil) to Mar. 2024 (¥8,186 Mil).

Forehope Electronic (Ningbo) Co's annual market cap increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥8,883 Mil) and increased from Dec. 2022 (¥8,883 Mil) to Dec. 2023 (¥10,677 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. Forehope Electronic (Ningbo) Co's Enterprise Value for Today is ¥13,269 Mil.


Forehope Electronic (Ningbo) Co Market Cap Historical Data

The historical data trend for Forehope Electronic (Ningbo) 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.

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Forehope Electronic (Ningbo) Co Market Cap Chart

Forehope Electronic (Ningbo) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - - 8,882.91 10,676.62

Forehope Electronic (Ningbo) Co Quarterly Data
Dec18 Dec19 Mar20 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 12,678.23 13,571.00 11,981.13 10,676.62 8,185.81

Competitive Comparison of Forehope Electronic (Ningbo) Co's Market Cap

For the Semiconductors subindustry, Forehope Electronic (Ningbo) 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.


Forehope Electronic (Ningbo) Co's Market Cap Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Forehope Electronic (Ningbo) Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Forehope Electronic (Ningbo) Co's Market Cap falls into.



Forehope Electronic (Ningbo) 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.

Forehope Electronic (Ningbo) 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 )
=¥26.19*407.66
=¥10,677

Forehope Electronic (Ningbo) 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 )
=¥20.08*407.66
=¥8,186

* 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.


Forehope Electronic (Ningbo) Co  (SHSE:688362) 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.


Forehope Electronic (Ningbo) Co Market Cap Related Terms

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Forehope Electronic (Ningbo) Co (SHSE:688362) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Xingshun Road, Zhongyi Ningbo Ecological Park, Zhejiang Province, Yuyao, CHN, 315400
Forehope Electronic (Ningbo) Co Ltd is engaged in the packaging and testing of integrated circuits.

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