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Hi-Trend Technology (Shanghai) Co (SHSE:688391) Market Cap : ¥3,819.8 Mil (As of Jun. 23, 2024)


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What is Hi-Trend Technology (Shanghai) 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). Hi-Trend Technology (Shanghai) Co's share price for the quarter that ended in Mar. 2024 was ¥32.0552. Hi-Trend Technology (Shanghai) Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 120.5 Mil. Therefore, Hi-Trend Technology (Shanghai) Co's market cap for the quarter that ended in Mar. 2024 was ¥3,861.4 Mil.

Hi-Trend Technology (Shanghai) Co's quarterly market cap declined from Sep. 2023 (¥4,358.9 Mil) to Dec. 2023 (¥4,142.6 Mil) and declined from Dec. 2023 (¥4,142.6 Mil) to Mar. 2024 (¥3,861.4 Mil).

Hi-Trend Technology (Shanghai) Co's annual market cap increased from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥5,794.0 Mil) but then declined from Dec. 2022 (¥5,794.0 Mil) to Dec. 2023 (¥4,142.6 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. Hi-Trend Technology (Shanghai) Co's Enterprise Value for Today is ¥2,811.7 Mil.


Hi-Trend Technology (Shanghai) Co Market Cap Historical Data

The historical data trend for Hi-Trend Technology (Shanghai) 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.

Hi-Trend Technology (Shanghai) Co Market Cap Chart

Hi-Trend Technology (Shanghai) Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5,793.98 4,142.59

Hi-Trend Technology (Shanghai) Co Quarterly Data
Dec14 Jun15 Dec15 Dec16 Jun17 Dec18 Dec19 Dec20 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 6,811.20 5,734.48 4,358.91 4,142.59 3,861.40

Competitive Comparison of Hi-Trend Technology (Shanghai) Co's Market Cap

For the Semiconductors subindustry, Hi-Trend Technology (Shanghai) 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.


Hi-Trend Technology (Shanghai) Co's Market Cap Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hi-Trend Technology (Shanghai) Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Hi-Trend Technology (Shanghai) Co's Market Cap falls into.



Hi-Trend Technology (Shanghai) 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.

Hi-Trend Technology (Shanghai) 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 )
=¥34.2069*121.104
=¥4,142.6

Hi-Trend Technology (Shanghai) 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 )
=¥32.0552*120.461
=¥3,861.4

* 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.


Hi-Trend Technology (Shanghai) Co  (SHSE:688391) 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.


Hi-Trend Technology (Shanghai) Co Market Cap Related Terms

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Hi-Trend Technology (Shanghai) Co (SHSE:688391) Business Description

Traded in Other Exchanges
N/A
Address
No. 1388 Zhangdong Road, Room 101, Building 16, Pilot Free Trade Zone, Shanghai, CHN, 201203
Hi-Trend Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of smart grid terminal equipment chips.
Executives
Yang Shi Cong Director
Zhang Xu Ming Senior management, core technical personnel
Zheng Wen Chang senior management
Wang Yong Core technical personnel

Hi-Trend Technology (Shanghai) Co (SHSE:688391) Headlines

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