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Rendong Holdings Co (SZSE:002647) Market Cap : ¥2,262 Mil (As of May. 15, 2024)


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What is Rendong Holdings 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). Rendong Holdings Co's share price for the quarter that ended in Mar. 2024 was ¥4.97. Rendong Holdings Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 560 Mil. Therefore, Rendong Holdings Co's market cap for the quarter that ended in Mar. 2024 was ¥2,783 Mil.

Rendong Holdings Co's quarterly market cap increased from Sep. 2023 (¥3,147 Mil) to Dec. 2023 (¥3,880 Mil) but then declined from Dec. 2023 (¥3,880 Mil) to Mar. 2024 (¥2,783 Mil).

Rendong Holdings Co's annual market cap declined from Dec. 2021 (¥5,409 Mil) to Dec. 2022 (¥3,768 Mil) but then increased from Dec. 2022 (¥3,768 Mil) to Dec. 2023 (¥3,880 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. Rendong Holdings Co's Enterprise Value for Today is ¥259 Mil.


Rendong Holdings Co Market Cap Historical Data

The historical data trend for Rendong Holdings 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.

Rendong Holdings Co Market Cap Chart

Rendong Holdings 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 9,373.35 6,299.29 5,408.99 3,768.38 3,880.36

Rendong Holdings 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 3,650.79 3,152.45 3,146.85 3,880.36 2,782.89

Competitive Comparison of Rendong Holdings Co's Market Cap

For the Financial Conglomerates subindustry, Rendong Holdings 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.


Rendong Holdings Co's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Rendong Holdings Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Rendong Holdings Co's Market Cap falls into.



Rendong Holdings 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.

Rendong Holdings 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 )
=¥6.93*559.937
=¥3,880

Rendong Holdings 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 )
=¥4.97*559.937
=¥2,783

* 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.


Rendong Holdings Co  (SZSE:002647) 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.


Rendong Holdings Co Market Cap Related Terms

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Rendong Holdings Co (SZSE:002647) Business Description

Traded in Other Exchanges
N/A
Address
91 Jianguo Road, Chaoyang District, 16th Floor, Block A, Jindi Center, Beijing, CHN, 100025
Rendong Holdings Co Ltd operates in the financial services industry. It is organized into three main businesses: third-party payment, commercial factoring, and supply chain management. Its third-party payment related business develops, operates and maintains payment systems and clearing platform system; clearing of trading funds, generation and management of the master key of UnionPay card acceptance terminal. The commercial factoring business is mainly engaged in the insurance agency business. The company's supply chain management business focuses on supply chain management and supply chain financial services.

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