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Changzhou Fusion New Material Co (SHSE:688503) Market Cap : ¥8,845 Mil (As of May. 20, 2024)


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What is Changzhou Fusion New Material 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). Changzhou Fusion New Material Co's share price for the quarter that ended in Mar. 2024 was ¥57.59. Changzhou Fusion New Material Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 166 Mil. Therefore, Changzhou Fusion New Material Co's market cap for the quarter that ended in Mar. 2024 was ¥9,539 Mil.

Changzhou Fusion New Material Co's quarterly market cap declined from Sep. 2023 (¥12,369 Mil) to Dec. 2023 (¥8,878 Mil) but then increased from Dec. 2023 (¥8,878 Mil) to Mar. 2024 (¥9,539 Mil).

Changzhou Fusion New Material Co's annual market cap increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥16,687 Mil) but then declined from Dec. 2022 (¥16,687 Mil) to Dec. 2023 (¥8,878 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. Changzhou Fusion New Material Co's Enterprise Value for Today is ¥9,617 Mil.


Changzhou Fusion New Material Co Market Cap Historical Data

The historical data trend for Changzhou Fusion New Material 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.

Changzhou Fusion New Material Co Market Cap Chart

Changzhou Fusion New Material Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - - 16,687.02 8,877.66

Changzhou Fusion New Material Co Quarterly Data
Dec18 Dec19 Mar20 Dec20 Mar21 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 14,063.84 16,148.73 12,369.10 8,877.66 9,538.52

Competitive Comparison of Changzhou Fusion New Material Co's Market Cap

For the Solar subindustry, Changzhou Fusion New Material 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.


Changzhou Fusion New Material Co's Market Cap Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Changzhou Fusion New Material Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Changzhou Fusion New Material Co's Market Cap falls into.



Changzhou Fusion New Material 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.

Changzhou Fusion New Material 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 )
=¥53.6*165.628
=¥8,878

Changzhou Fusion New Material 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 )
=¥57.59*165.628
=¥9,539

* 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.


Changzhou Fusion New Material Co  (SHSE:688503) 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.


Changzhou Fusion New Material Co Market Cap Related Terms

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Changzhou Fusion New Material Co (SHSE:688503) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Liuyanghe Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031
Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.

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