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Tieling Newcity Investment Holding (Group) (SZSE:000809) Market Cap : ¥1,748.56 Mil (As of May. 12, 2024)


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What is Tieling Newcity Investment Holding (Group) 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). Tieling Newcity Investment Holding (Group)'s share price for the quarter that ended in Mar. 2024 was ¥2.06. Tieling Newcity Investment Holding (Group)'s Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 824.79 Mil. Therefore, Tieling Newcity Investment Holding (Group)'s market cap for the quarter that ended in Mar. 2024 was ¥1,699.07 Mil.

Tieling Newcity Investment Holding (Group)'s quarterly market cap declined from Sep. 2023 (¥2,895.02 Mil) to Dec. 2023 (¥2,507.36 Mil) and declined from Dec. 2023 (¥2,507.36 Mil) to Mar. 2024 (¥1,699.07 Mil).

Tieling Newcity Investment Holding (Group)'s annual market cap declined from Dec. 2021 (¥2,779.55 Mil) to Dec. 2022 (¥2,383.65 Mil) but then increased from Dec. 2022 (¥2,383.65 Mil) to Dec. 2023 (¥2,507.36 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. Tieling Newcity Investment Holding (Group)'s Enterprise Value for Today is ¥2,252.52 Mil.


Tieling Newcity Investment Holding (Group) Market Cap Historical Data

The historical data trend for Tieling Newcity Investment Holding (Group)'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.

Tieling Newcity Investment Holding (Group) Market Cap Chart

Tieling Newcity Investment Holding (Group) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,954.75 1,616.59 2,779.55 2,383.65 2,507.36

Tieling Newcity Investment Holding (Group) Quarterly Data
Jun19 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 2,482.62 3,373.40 2,895.02 2,507.36 1,699.07

Competitive Comparison of Tieling Newcity Investment Holding (Group)'s Market Cap

For the Real Estate - Development subindustry, Tieling Newcity Investment Holding (Group)'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.


Tieling Newcity Investment Holding (Group)'s Market Cap Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tieling Newcity Investment Holding (Group)'s Market Cap distribution charts can be found below:

* The bar in red indicates where Tieling Newcity Investment Holding (Group)'s Market Cap falls into.



Tieling Newcity Investment Holding (Group) 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.

Tieling Newcity Investment Holding (Group)'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 )
=¥3.04*824.791
=¥2,507.36

Tieling Newcity Investment Holding (Group)'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 )
=¥2.06*824.791
=¥1,699.07

* 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.


Tieling Newcity Investment Holding (Group)  (SZSE:000809) 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.


Tieling Newcity Investment Holding (Group) Market Cap Related Terms

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Tieling Newcity Investment Holding (Group) (SZSE:000809) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Jinshajiang Road, Fanhe New District, Liaoning Province, Tieling, CHN, 112000
Tieling Newcity Investment Holding Ltd is a China-based company engaged in the land development projects. Its business activities include first-level development business and urban operations. The first-level development business division includes municipal infrastructure construction and land project development. And the urban operations division includes water supply, sewage treatment, taxi operations, and advertising media.

Tieling Newcity Investment Holding (Group) (SZSE:000809) Headlines

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