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New Journey Health Technology Group Co (SZSE:002219) Market Cap : ¥7,777 Mil (As of May. 25, 2024)


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What is New Journey Health Technology Group 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). New Journey Health Technology Group Co's share price for the quarter that ended in Mar. 2024 was ¥2.5. New Journey Health Technology Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 3,411 Mil. Therefore, New Journey Health Technology Group Co's market cap for the quarter that ended in Mar. 2024 was ¥8,527 Mil.

New Journey Health Technology Group Co's quarterly market cap declined from Sep. 2023 (¥11,835 Mil) to Dec. 2023 (¥10,335 Mil) and declined from Dec. 2023 (¥10,335 Mil) to Mar. 2024 (¥8,527 Mil).

New Journey Health Technology Group Co's annual market cap increased from Dec. 2021 (¥6,827 Mil) to Dec. 2022 (¥12,861 Mil) but then declined from Dec. 2022 (¥12,861 Mil) to Dec. 2023 (¥10,335 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. New Journey Health Technology Group Co's Enterprise Value for Today is ¥9,034 Mil.


New Journey Health Technology Group Co Market Cap Historical Data

The historical data trend for New Journey Health Technology Group 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.

New Journey Health Technology Group Co Market Cap Chart

New Journey Health Technology Group Co 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 4,457.92 3,301.47 6,826.78 12,860.79 10,334.60

New Journey Health Technology Group Co 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 16,976.44 15,285.56 11,835.34 10,334.60 8,526.90

Competitive Comparison of New Journey Health Technology Group Co's Market Cap

For the Drug Manufacturers - Specialty & Generic subindustry, New Journey Health Technology Group 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.


New Journey Health Technology Group Co's Market Cap Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, New Journey Health Technology Group Co's Market Cap distribution charts can be found below:

* The bar in red indicates where New Journey Health Technology Group Co's Market Cap falls into.



New Journey Health Technology Group 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.

New Journey Health Technology Group 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 )
=¥3.03*3410.76
=¥10,335

New Journey Health Technology Group 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 )
=¥2.5*3410.76
=¥8,527

* 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.


New Journey Health Technology Group Co  (SZSE:002219) 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.


New Journey Health Technology Group Co Market Cap Related Terms

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New Journey Health Technology Group Co (SZSE:002219) Business Description

Traded in Other Exchanges
N/A
Address
Duyiyi Industrial Park, Wangba, Kang County, Gansu Province, Longnan, CHN, 610000
New Journey Health Technology Group Co Ltd formerly Hengkang Medical Group Co Ltd is engaged in research, development, and manufacturing of natural herbal medicines. The company's products include analgesic and haemostatic drugs.
Executives
Song Li Hua Directors, executives
Yu Mei Directors, executives
Wang Yong Executives
Zuo Bin Lin Executives
Tang Can Director
Duan Zhi Ping Director
Zhou Xian Min Director
Guo Kai Executives
Xie Hai Executives
Shi Xiao Ming Executives
Li Yu Fei Supervisors
Huang Rui Directors, executives
Pan Yu Supervisors
Liao Li Dong Executives

New Journey Health Technology Group Co (SZSE:002219) Headlines

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