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Xiangyu Medical Co (SHSE:688626) Market Cap : ¥5,768.0 Mil (As of May. 27, 2024)


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What is Xiangyu Medical 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). Xiangyu Medical Co's share price for the quarter that ended in Mar. 2024 was ¥44.67. Xiangyu Medical Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 160.0 Mil. Therefore, Xiangyu Medical Co's market cap for the quarter that ended in Mar. 2024 was ¥7,147.2 Mil.

Xiangyu Medical Co's quarterly market cap increased from Sep. 2023 (¥7,051.2 Mil) to Dec. 2023 (¥8,526.4 Mil) but then declined from Dec. 2023 (¥8,526.4 Mil) to Mar. 2024 (¥7,147.2 Mil).

Xiangyu Medical Co's annual market cap declined from Dec. 2021 (¥9,107.2 Mil) to Dec. 2022 (¥5,100.8 Mil) but then increased from Dec. 2022 (¥5,100.8 Mil) to Dec. 2023 (¥8,526.4 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. Xiangyu Medical Co's Enterprise Value for Today is ¥5,039.1 Mil.


Xiangyu Medical Co Market Cap Historical Data

The historical data trend for Xiangyu Medical 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.

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Xiangyu Medical Co Market Cap Chart

Xiangyu Medical Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 9,107.20 5,100.80 8,526.40

Xiangyu Medical Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,534.40 7,281.60 7,051.20 8,526.40 7,147.20

Competitive Comparison of Xiangyu Medical Co's Market Cap

For the Medical Devices subindustry, Xiangyu Medical 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.


Xiangyu Medical Co's Market Cap Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Xiangyu Medical Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Xiangyu Medical Co's Market Cap falls into.



Xiangyu Medical 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.

Xiangyu Medical 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 )
=¥53.29*160
=¥8,526.4

Xiangyu Medical 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 )
=¥44.67*160
=¥7,147.2

* 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.


Xiangyu Medical Co  (SHSE:688626) 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.


Xiangyu Medical Co Market Cap Related Terms

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Xiangyu Medical Co (SHSE:688626) Business Description

Traded in Other Exchanges
N/A
Address
Middle Section of Dixu Avenue, Neihuang County, Henan Province, Anyang, CHN, 456300
Xiangyu Medical Co Ltd is engaged in independent research and development, production and sales of intelligent rehabilitation equipment in the fields of pain rehabilitation, neurorehabilitation, orthopedics rehabilitation, postpartum rehabilitation, and medical care integration. The company's products are divided into three categories: rehabilitation assessment, rehabilitation training, and rehabilitation physiotherapy.
Executives
He Yong Zheng Director, core technical staff

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