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Taier Heavy Industry Co (SZSE:002347) Market Cap : ¥1,883 Mil (As of Jun. 22, 2024)


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What is Taier Heavy Industry 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). Taier Heavy Industry Co's share price for the quarter that ended in Mar. 2024 was ¥5.14. Taier Heavy Industry Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 505 Mil. Therefore, Taier Heavy Industry Co's market cap for the quarter that ended in Mar. 2024 was ¥2,594 Mil.

Taier Heavy Industry Co's quarterly market cap increased from Sep. 2023 (¥2,725 Mil) to Dec. 2023 (¥3,205 Mil) but then declined from Dec. 2023 (¥3,205 Mil) to Mar. 2024 (¥2,594 Mil).

Taier Heavy Industry Co's annual market cap declined from Dec. 2021 (¥2,569 Mil) to Dec. 2022 (¥2,271 Mil) but then increased from Dec. 2022 (¥2,271 Mil) to Dec. 2023 (¥3,205 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. Taier Heavy Industry Co's Enterprise Value for Today is ¥1,737 Mil.


Taier Heavy Industry Co Market Cap Historical Data

The historical data trend for Taier Heavy Industry 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.

Taier Heavy Industry Co Market Cap Chart

Taier Heavy Industry 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 2,016.06 1,922.19 2,568.93 2,271.16 3,204.86

Taier Heavy Industry 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 2,573.98 2,891.94 2,725.39 3,204.86 2,594.17

Competitive Comparison of Taier Heavy Industry Co's Market Cap

For the Specialty Industrial Machinery subindustry, Taier Heavy Industry 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.


Taier Heavy Industry Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taier Heavy Industry Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Taier Heavy Industry Co's Market Cap falls into.



Taier Heavy Industry 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.

Taier Heavy Industry 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 )
=¥6.35*504.702
=¥3,205

Taier Heavy Industry 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 )
=¥5.14*504.702
=¥2,594

* 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.


Taier Heavy Industry Co  (SZSE:002347) 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.


Taier Heavy Industry Co Market Cap Related Terms

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Taier Heavy Industry Co (SZSE:002347) Business Description

Traded in Other Exchanges
N/A
Address
No. 669 Chaoshan Road, Economic and Technological Development Zone, Anhui Provice, Ma'anshan, CHN, 243000
Taier Heavy Industry Co Ltd is engaged in the development & manufacture of power transmission machinery products. The company has dedicated itself to design, production, sales and service of industrial universal shafts, gear couplings and shearing blades.
Executives
Tai Zheng Biao Directors, Directors, and Executives
Feng Chun Lan Supervisors
Xia Qing Hua Executives
Jia Zong Yan Supervisors
Huang Chun Yan Director
Wang Qing Supervisors
Wang Gui Lin Executives
Yu Shu Lan Supervisors
Ge Yan Fei Director
Sun Man Man Directors, executives

Taier Heavy Industry Co (SZSE:002347) Headlines

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