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Jiangsu Changbao Steeltube Co (SZSE:002478) Market Cap : ¥4,930 Mil (As of Apr. 21, 2025)


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What is Jiangsu Changbao Steeltube 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). Jiangsu Changbao Steeltube Co's share price for the quarter that ended in Dec. 2024 was ¥5.29. Jiangsu Changbao Steeltube Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 901 Mil. Therefore, Jiangsu Changbao Steeltube Co's market cap for the quarter that ended in Dec. 2024 was ¥4,768 Mil.

Jiangsu Changbao Steeltube Co's quarterly market cap increased from Jun. 2024 (¥4,489 Mil) to Sep. 2024 (¥4,912 Mil) but then declined from Sep. 2024 (¥4,912 Mil) to Dec. 2024 (¥4,768 Mil).

Jiangsu Changbao Steeltube Co's annual market cap declined from Dec. 2022 (¥5,035 Mil) to Dec. 2023 (¥4,913 Mil) and declined from Dec. 2023 (¥4,913 Mil) to Dec. 2024 (¥4,768 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. Jiangsu Changbao Steeltube Co's Enterprise Value for Today is ¥2,427 Mil.


Jiangsu Changbao Steeltube Co Market Cap Historical Data

The historical data trend for Jiangsu Changbao Steeltube 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.

Jiangsu Changbao Steeltube Co Market Cap Chart

Jiangsu Changbao Steeltube 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 4,214.37 3,982.87 5,035.18 4,912.66 4,768.12

Jiangsu Changbao Steeltube 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 4,912.66 5,696.58 4,488.76 4,912.40 4,768.12

Competitive Comparison of Jiangsu Changbao Steeltube Co's Market Cap

For the Steel subindustry, Jiangsu Changbao Steeltube 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.


Jiangsu Changbao Steeltube Co's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Changbao Steeltube Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Jiangsu Changbao Steeltube Co's Market Cap falls into.


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Jiangsu Changbao Steeltube 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.

Jiangsu Changbao Steeltube 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 )
=¥5.29*901.346
=¥4,768

Jiangsu Changbao Steeltube 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 )
=¥5.29*901.346
=¥4,768

* 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.


Jiangsu Changbao Steeltube Co  (SZSE:002478) 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.


Jiangsu Changbao Steeltube Co Market Cap Related Terms

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Jiangsu Changbao Steeltube Co Business Description

Traded in Other Exchanges
N/A
Address
NO.21 Chang-qi ROAD, Changzhou, Jiangsu, CHN, 213018
Jiangsu Changbao Steeltube Co Ltd is a manufacturing service company specialized in the production of seamless tubes. The company offers OCTG products for the petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes.
Executives
Zhu Hong Zhang Director
Han Qiao Lin Directors, executives
Ding Wei Supervisors
Zhu Hai Rong Supervisors
Gao Huai Zhen Supervisors
Zhang Lan Yong Directors, executives
Cao Jian Director
Yao Wei Min Executives
Zhang Ming Hua Supervisors
Zhou Xu Dong Independent director
An Ning Securities Affairs Representative
Yuan Li Ping Supervisors
Zhou Jia Hua Directors, executives
Chen Pu An Director

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