Shanghai Newtouch Software Co's quarterly market cap
increased
from Sep. 2023 (¥4,473 Mil) to Dec. 2023 (¥5,810 Mil) but then
declined
from Dec. 2023 (¥5,810 Mil) to Mar. 2024 (¥4,693 Mil).
Shanghai Newtouch Software Co's annual market cap
declined
from Dec. 2021 (¥3,346 Mil) to Dec. 2022 (¥2,287 Mil) but then
increased
from Dec. 2022 (¥2,287 Mil) to Dec. 2023 (¥5,810 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. Shanghai Newtouch Software Co's Enterprise Value for Today is ¥4,709 Mil.
Shanghai Newtouch Software 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.
Competitive Comparison of Shanghai Newtouch Software Co's Market Cap
For the Information Technology Services subindustry, Shanghai Newtouch Software 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.
Shanghai Newtouch Software Co's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Shanghai Newtouch Software Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Shanghai Newtouch Software Co's Market Cap falls into.
Shanghai Newtouch Software 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.
Shanghai Newtouch Software Co (SHSE:688590) 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.
Shanghai Newtouch Software Co Market Cap Related Terms
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Shanghai Newtouch Software Co (SHSE:688590) Business Description
Shanghai Newtouch Software Co Ltd focuses on providing IT solutions, IT operation and maintenance services to insurance companies, banks and other financial institutions and end customers in other industries such as telecommunications, automobiles, and medical care.
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