Tianqi Lithium Industries (SZSE:002466) Market Cap : ¥58,360 Mil (As of Apr. 30, 2024)

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What is Tianqi Lithium Industries 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). Tianqi Lithium Industries's share price for the quarter that ended in Dec. 2023 was ¥55.79. Tianqi Lithium Industries's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,641 Mil. Therefore, Tianqi Lithium Industries's market cap for the quarter that ended in Dec. 2023 was ¥91,564 Mil.

Tianqi Lithium Industries's quarterly market cap declined from Jun. 2023 (¥114,738 Mil) to Sep. 2023 (¥90,152 Mil) but then increased from Sep. 2023 (¥90,152 Mil) to Dec. 2023 (¥91,564 Mil).

Tianqi Lithium Industries's annual market cap declined from Dec. 2021 (¥158,050 Mil) to Dec. 2022 (¥129,640 Mil) and declined from Dec. 2022 (¥129,640 Mil) to Dec. 2023 (¥91,564 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. Tianqi Lithium Industries's Enterprise Value for Today is ¥62,405 Mil.

Tianqi Lithium Industries Market Cap Historical Data

The historical data trend for Tianqi Lithium Industries'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.

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Tianqi Lithium Industries Market Cap Chart

Tianqi Lithium Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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44,578.88

58,005.72

158,049.70

129,639.97

91,563.66

Tianqi Lithium Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial															129,639.97	123,944.93	114,737.69	90,152.21	91,563.66

Competitive Comparison of Tianqi Lithium Industries's Market Cap

For the Specialty Chemicals subindustry, Tianqi Lithium Industries'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.

Tianqi Lithium Industries's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianqi Lithium Industries's Market Cap distribution charts can be found below:

* The bar in red indicates where Tianqi Lithium Industries's Market Cap falls into.

Tianqi Lithium Industries 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.

Tianqi Lithium Industries'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 )
	=	¥55.79	*	1641.22
	=	¥91,564

Tianqi Lithium Industries's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	¥55.79	*	1641.22
	=	¥91,564

Tianqi Lithium Industries (SZSE:002466) 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 companys 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.

Tianqi Lithium Industries Market Cap Related Terms

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Tianqi Lithium Industries (SZSE:002466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tianqi Lithium Industries Inc (SZSE:002466) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

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Address

No.10 East Gaopeng Road, Hi-Tech Development Zone, Sichuan Province, Chengdu, CHN, 629200

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Tianqi Lithium Industries (SZSE:002466) Headlines

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