GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Longxing Technology Group Co Ltd (SZSE:002442) » Definitions » Market Cap

Longxing Technology Group Co (SZSE:002442) Market Cap : ¥3,005 Mil (As of Apr. 17, 2025)


View and export this data going back to 2010. Start your Free Trial

What is Longxing 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). Longxing Technology Group Co's share price for the quarter that ended in Dec. 2024 was ¥6.01. Longxing Technology Group Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 503 Mil. Therefore, Longxing Technology Group Co's market cap for the quarter that ended in Dec. 2024 was ¥3,025 Mil.

Longxing Technology Group Co's quarterly market cap increased from Jun. 2024 (¥2,111 Mil) to Sep. 2024 (¥2,411 Mil) and increased from Sep. 2024 (¥2,411 Mil) to Dec. 2024 (¥3,025 Mil).

Longxing Technology Group Co's annual market cap increased from Dec. 2022 (¥2,484 Mil) to Dec. 2023 (¥3,372 Mil) but then declined from Dec. 2023 (¥3,372 Mil) to Dec. 2024 (¥3,025 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. Longxing Technology Group Co's Enterprise Value for Today is ¥4,602 Mil.


Longxing Technology Group Co Market Cap Historical Data

The historical data trend for Longxing 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.

Longxing Technology Group Co Market Cap Chart

Longxing Technology Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,121.60 3,160.88 2,483.55 3,371.93 3,024.83

Longxing Technology Group Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3,371.93 2,360.84 2,110.53 2,410.78 3,024.83

Competitive Comparison of Longxing Technology Group Co's Market Cap

For the Specialty Chemicals subindustry, Longxing 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.


Longxing Technology Group Co's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Longxing Technology Group Co's Market Cap distribution charts can be found below:

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


;
;

Longxing 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.

Longxing Technology Group Co's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as

Market Cap (A: Dec. 2024 )=Share Price (A: Dec. 2024 )*Shares Outstanding (EOP) (A: Dec. 2024 )
=¥6.01*503.299
=¥3,025

Longxing Technology Group Co's Market Cap for the quarter that ended in Dec. 2024 is calculated as

Market Cap (Q: Dec. 2024 )=Share Price (Q: Dec. 2024 )*Shares Outstanding (EOP) (Q: Dec. 2024 )
=¥6.01*503.299
=¥3,025

* 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.


Longxing Technology Group Co  (SZSE:002442) 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.


Longxing Technology Group Co Market Cap Related Terms

Thank you for viewing the detailed overview of Longxing Technology Group Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Longxing Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Longxing Street, Donghuan Road, Hebei Province, Shahe, CHN, 054100
Longxing Technology Group Co Ltd is engaged Production and sales of carbon black, white carbon black and coal tar products.
Executives
Meng Kui Executives
Ma Bao Liang Directors, executives
Huo Li Jun Supervisors
He Jian Wei Executives
Liu Jiang Shan Director
Li Xue Bo Executives
Xu Gang Executives
Li Ying Executives
Liu Cheng You Executives
Bian Tong Le Executives
Jiang Hao Directors, Directors, and Executives
Guan Liang Executives
Yu Ju Mei Director

Longxing Technology Group Co Headlines

No Headlines