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Hangzhou Zhongheng Electric Co (SZSE:002364) Market Cap : ¥3,240 Mil (As of Jun. 05, 2024)


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What is Hangzhou Zhongheng Electric 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). Hangzhou Zhongheng Electric Co's share price for the quarter that ended in Mar. 2024 was ¥6.35. Hangzhou Zhongheng Electric Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 564 Mil. Therefore, Hangzhou Zhongheng Electric Co's market cap for the quarter that ended in Mar. 2024 was ¥3,579 Mil.

Hangzhou Zhongheng Electric Co's quarterly market cap increased from Sep. 2023 (¥4,148 Mil) to Dec. 2023 (¥4,339 Mil) but then declined from Dec. 2023 (¥4,339 Mil) to Mar. 2024 (¥3,579 Mil).

Hangzhou Zhongheng Electric Co's annual market cap declined from Dec. 2021 (¥5,365 Mil) to Dec. 2022 (¥3,917 Mil) but then increased from Dec. 2022 (¥3,917 Mil) to Dec. 2023 (¥4,339 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. Hangzhou Zhongheng Electric Co's Enterprise Value for Today is ¥2,969 Mil.


Hangzhou Zhongheng Electric Co Market Cap Historical Data

The historical data trend for Hangzhou Zhongheng Electric 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.

Hangzhou Zhongheng Electric Co Market Cap Chart

Hangzhou Zhongheng Electric 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 6,520.45 5,066.45 5,365.14 3,916.78 4,339.45

Hangzhou Zhongheng Electric 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 4,423.99 4,728.31 4,147.84 4,339.45 3,578.64

Competitive Comparison of Hangzhou Zhongheng Electric Co's Market Cap

For the Electrical Equipment & Parts subindustry, Hangzhou Zhongheng Electric 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.


Hangzhou Zhongheng Electric Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Zhongheng Electric Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Hangzhou Zhongheng Electric Co's Market Cap falls into.



Hangzhou Zhongheng Electric 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.

Hangzhou Zhongheng Electric 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 )
=¥7.7*563.565
=¥4,339

Hangzhou Zhongheng Electric 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 )
=¥6.35*563.565
=¥3,579

* 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.


Hangzhou Zhongheng Electric Co  (SZSE:002364) 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.


Hangzhou Zhongheng Electric Co Market Cap Related Terms

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Hangzhou Zhongheng Electric Co (SZSE:002364) Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Dongxin Avenue, High-tech Zone, Zhongheng Building, Zhijiang Science and Technology Industrial Park, Binjiang District, Hangzhou, CHN, 310053
Hangzhou Zhongheng Electric Co Ltd is a China-based provider of electric power informatization software and consulting services. It offers high-frequency switching power systems for the telecommunication, electricity generation, and railway industries. The business segments of the company are Power informatization and Power electronics manufacturing. The products of the company are offered in the categories of power information, electronic manufacturing and energy internet. Its products include power IoT monitoring products, power production lean management products, relay protection setting calculation system, electric vehicle charging station equipment, high-voltage DC power system, energy internet products, and others.
Executives
Zhou Qing Jie Director
Zhu Guo Ding Secretary, Director
Zhao Da Chun Directors, executives
Sun Dan Directors, executives
Xu Zeng Xin Executives
Zhang Yong Hao Director
Xu Yi Jun Directors, executives
Huang Jing Jing Supervisors
Chen Zhi Yun Directors, Directors, and Executives
Song Yu Kun Securities Affairs Representative
Liao Li Rong Executives
Qian Tao Director

Hangzhou Zhongheng Electric Co (SZSE:002364) Headlines

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