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Changzhou Evergreen Technology Co (SZSE:001324) Market Cap : ¥2,606.8 Mil (As of May. 22, 2024)


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What is Changzhou Evergreen Technology 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 Evergreen Technology Co's share price for the quarter that ended in Mar. 2024 was ¥22.16. Changzhou Evergreen Technology Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 138.0 Mil. Therefore, Changzhou Evergreen Technology Co's market cap for the quarter that ended in Mar. 2024 was ¥3,058.1 Mil.

Changzhou Evergreen Technology Co's quarterly market cap declined from Sep. 2023 (¥4,160.7 Mil) to Dec. 2023 (¥3,349.3 Mil) and declined from Dec. 2023 (¥3,349.3 Mil) to Mar. 2024 (¥3,058.1 Mil).

Changzhou Evergreen Technology 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 (¥3,349.3 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 Evergreen Technology Co's Enterprise Value for Today is ¥2,100.1 Mil.


Changzhou Evergreen Technology Co Market Cap Historical Data

The historical data trend for Changzhou Evergreen Technology 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 Evergreen Technology Co Market Cap Chart

Changzhou Evergreen Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - - - 3,349.26

Changzhou Evergreen Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 - 2,921.46 4,160.70 3,349.26 3,058.08

Competitive Comparison of Changzhou Evergreen Technology Co's Market Cap

For the Railroads subindustry, Changzhou Evergreen Technology 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 Evergreen Technology Co's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Changzhou Evergreen Technology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Changzhou Evergreen Technology Co's Market Cap falls into.



Changzhou Evergreen Technology 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 Evergreen Technology 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 )
=¥24.27*138
=¥3,349.3

Changzhou Evergreen Technology 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 )
=¥22.16*138
=¥3,058.1

* 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 Evergreen Technology Co  (SZSE:001324) 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 Evergreen Technology Co Market Cap Related Terms

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Changzhou Evergreen Technology Co (SZSE:001324) Business Description

Traded in Other Exchanges
N/A
Address
No. 300, Hehai West Road, Xinbei District, Jiangsu, Changzhou, CHN, 213125
Changzhou Evergreen Technology Co Ltd is a high-tech enterprise based on the development and application of sandwich composite materials, mainly providing supporting products and integrated solutions for the interior decoration of rail transit vehicles and building interior and exterior decoration. The company has participated in the formulation of many national and industry standards such as aluminum honeycomb panels and stone honeycomb panels, creating Many industry-leading application cases are the leading enterprises in the development and industrial application of sandwich composite materials in China.

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