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). Shandong Molong Petroleum Machinery Co's share price for the quarter that ended in Dec. 2023 was ¥4.54. Shandong Molong Petroleum Machinery Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 797.8 Mil. Therefore, Shandong Molong Petroleum Machinery Co's market cap for the quarter that ended in Dec. 2023 was ¥3,622.2 Mil.
Shandong Molong Petroleum Machinery Co's quarterly market cap
increased
from Jun. 2023 (¥3,478.6 Mil) to Sep. 2023 (¥3,566.4 Mil) and
increased
from Sep. 2023 (¥3,566.4 Mil) to Dec. 2023 (¥3,622.2 Mil).
Shandong Molong Petroleum Machinery Co's annual market cap
declined
from Dec. 2021 (¥4,555.7 Mil) to Dec. 2022 (¥3,366.9 Mil) but then
increased
from Dec. 2022 (¥3,366.9 Mil) to Dec. 2023 (¥3,622.2 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. Shandong Molong Petroleum Machinery Co's Enterprise Value for Today is ¥3,185.5 Mil.
Shandong Molong Petroleum Machinery Co Market Cap Historical Data
The historical data trend for Shandong Molong Petroleum Machinery 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.
Shandong Molong Petroleum Machinery Co Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
3,023.84
2,616.94
4,555.71
3,366.92
3,622.23
Shandong Molong Petroleum Machinery 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
3,494.57
3,478.62
3,566.38
3,622.23
2,704.70
Competitive Comparison
For the Oil & Gas Equipment & Services subindustry, Shandong Molong Petroleum Machinery 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.
Shandong Molong Petroleum Machinery Co Market Cap Distribution
For the Oil & Gas industry and Energy sector, Shandong Molong Petroleum Machinery Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Shandong Molong Petroleum Machinery Co's Market Cap falls into.
Shandong Molong Petroleum Machinery 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.
Shandong Molong Petroleum Machinery Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Shandong Molong Petroleum Machinery Co (SZSE:002490) 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.
Shandong Molong Petroleum Machinery Co Market Cap Related Terms
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Shandong Molong Petroleum Machinery Co (SZSE:002490) Business Description
Shandong Molong Petroleum Machinery Co Ltd is mainly engaged in design, research and development, processing and manufacturing, sales service and export trade of products for the energy equipment industry. The main products included petroleum-drilling machinery equipment, petroleum and natural gas transportation equipment, petroleum and natural gas exploitation equipment, and major critical components and castings and forgings products. The company's products are mainly used in petroleum, natural gas, coalbed methane, shale gas and other energy drilling, machinery processing, and urban pipe network. The sales of pipe products accounted for over 80% of the company's revenue.
Shandong Molong Petroleum Machinery Co (SZSE:002490) Headlines
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