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Hefei I-TEK OptoElectronics Co (SHSE:688610) Market Cap : ¥2,439.8 Mil (As of May. 28, 2024)


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What is Hefei I-TEK OptoElectronics 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). Hefei I-TEK OptoElectronics Co's share price for the quarter that ended in Mar. 2024 was ¥36.9. Hefei I-TEK OptoElectronics Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 68.0 Mil. Therefore, Hefei I-TEK OptoElectronics Co's market cap for the quarter that ended in Mar. 2024 was ¥2,509.2 Mil.

Hefei I-TEK OptoElectronics Co's quarterly market cap declined from Sep. 2023 (¥3,737.3 Mil) to Dec. 2023 (¥3,530.6 Mil) and declined from Dec. 2023 (¥3,530.6 Mil) to Mar. 2024 (¥2,509.2 Mil).

Hefei I-TEK OptoElectronics Co's annual market cap stayed the same from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥0.0 Mil) but then increased from Dec. 2022 (¥0.0 Mil) to Dec. 2023 (¥3,530.6 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. Hefei I-TEK OptoElectronics Co's Enterprise Value for Today is ¥2,340.0 Mil.


Hefei I-TEK OptoElectronics Co Market Cap Historical Data

The historical data trend for Hefei I-TEK OptoElectronics 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.

Hefei I-TEK OptoElectronics Co Market Cap Chart

Hefei I-TEK OptoElectronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - - - 3,530.56

Hefei I-TEK OptoElectronics Co Quarterly Data
Dec19 Dec20 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 - - 3,737.28 3,530.56 2,509.20

Competitive Comparison of Hefei I-TEK OptoElectronics Co's Market Cap

For the Electronic Components subindustry, Hefei I-TEK OptoElectronics 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.


Hefei I-TEK OptoElectronics Co's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hefei I-TEK OptoElectronics Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Hefei I-TEK OptoElectronics Co's Market Cap falls into.



Hefei I-TEK OptoElectronics 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.

Hefei I-TEK OptoElectronics 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 )
=¥51.92*68
=¥3,530.6

Hefei I-TEK OptoElectronics 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 )
=¥36.9*68
=¥2,509.2

* 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.


Hefei I-TEK OptoElectronics Co  (SHSE:688610) 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.


Hefei I-TEK OptoElectronics Co Market Cap Related Terms

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Hefei I-TEK OptoElectronics Co (SHSE:688610) Business Description

Traded in Other Exchanges
N/A
Address
Wangjiang West Road, 3rd Floor, Building J2, Phase II, Zhongan Chuanggu Science and Technology Park, High-tech Zone, Anhui, Hefei, CHN, 230088
Hefei I-TEK OptoElectronics Co Ltd is a national high-tech enterprise specializing in research & development, production and sales of high-end industrial imaging components. Echo Optoelectronics has always focused on technological innovation and adhered to the positioning of high-end products. It is a high-end domestic brand pioneer enterprise with independent innovation in the field of machine vision.

Hefei I-TEK OptoElectronics Co (SHSE:688610) Headlines

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