Shenyang Fortune Precision Equipment Co's quarterly market cap
declined
from Sep. 2023 (¥19,588 Mil) to Dec. 2023 (¥16,371 Mil) and
declined
from Dec. 2023 (¥16,371 Mil) to Mar. 2024 (¥13,459 Mil).
Shenyang Fortune Precision Equipment Co's annual market cap
increased
from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥22,601 Mil) but then
declined
from Dec. 2022 (¥22,601 Mil) to Dec. 2023 (¥16,371 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. Shenyang Fortune Precision Equipment Co's Enterprise Value for Today is ¥13,572 Mil.
Shenyang Fortune Precision Equipment Co Market Cap Historical Data
* 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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Shenyang Fortune Precision Equipment Co Market Cap Chart
Shenyang Fortune Precision Equipment Co Annual Data
Competitive Comparison of Shenyang Fortune Precision Equipment Co's Market Cap
For the Metal Fabrication subindustry, Shenyang Fortune Precision Equipment 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.
Shenyang Fortune Precision Equipment Co's Market Cap Distribution in the Industrial Products Industry
* The bar in red indicates where Shenyang Fortune Precision Equipment Co's Market Cap falls into.
Shenyang Fortune Precision Equipment 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.
* 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.
Shenyang Fortune Precision Equipment Co (SHSE:688409) 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 companys 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.
Shenyang Fortune Precision Equipment Co Market Cap Related Terms
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Shenyang Fortune Precision Equipment Co (SHSE:688409) Business Description
Shenyang Fortune Precision Equipment Co Ltd focuses on the precision manufacturing technology of metal parts and components, and has mastered one-stop manufacturing processes such as precision machinery manufacturing, high-cleanliness surface treatment, welding, assembly, and testing that can meet stringent standards.
Shenyang Fortune Precision Equipment Co (SHSE:688409) Headlines
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