Qingdao Daneng Environmental Protection Equipment Co's quarterly market cap
declined
from Mar. 2024 (¥1,948 Mil) to Jun. 2024 (¥1,684 Mil) but then
increased
from Jun. 2024 (¥1,684 Mil) to Sep. 2024 (¥1,767 Mil).
Qingdao Daneng Environmental Protection Equipment Co's annual market cap
increased
from Dec. 2021 (¥2,075 Mil) to Dec. 2022 (¥2,447 Mil) but then
declined
from Dec. 2022 (¥2,447 Mil) to Dec. 2023 (¥2,059 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. Qingdao Daneng Environmental Protection Equipment Co's Enterprise Value for Today is ¥3,261 Mil.
Qingdao Daneng Environmental Protection 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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Qingdao Daneng Environmental Protection Equipment Co Market Cap Chart
Qingdao Daneng Environmental Protection Equipment Co Annual Data
* 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.
Qingdao Daneng Environmental Protection Equipment Co's Market Cap Distribution in the Industrial Products Industry
Qingdao Daneng Environmental Protection 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.
Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) 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.
Qingdao Daneng Environmental Protection Equipment Co Market Cap Related Terms
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Qingdao Daneng Environmental Protection Equipment Co Business Description
Qingdao Daneng Environmental Protection Equipment Co Ltd is involved in the energy-saving and environmental protection industry. It provides customers with a full range of energy-saving and environmentally-friendly products. The company's technology and products have covered the prevention and control of pollutants such as slag, dust, flue gas, fine particulate matter, NOX, SOX, desulfurization wastewater, and boiler slag and flue gas waste heat recover.
Qingdao Daneng Environmental Protection Equipment Co Headlines
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