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Hefei Meyer Optoelectronic Technology (SZSE:002690) Market Cap : ¥14,885 Mil (As of May. 26, 2024)


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What is Hefei Meyer Optoelectronic Technology 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). Hefei Meyer Optoelectronic Technology's share price for the quarter that ended in Mar. 2024 was ¥19.35. Hefei Meyer Optoelectronic Technology's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 882 Mil. Therefore, Hefei Meyer Optoelectronic Technology's market cap for the quarter that ended in Mar. 2024 was ¥17,073 Mil.

Hefei Meyer Optoelectronic Technology's quarterly market cap declined from Sep. 2023 (¥18,511 Mil) to Dec. 2023 (¥17,329 Mil) and declined from Dec. 2023 (¥17,329 Mil) to Mar. 2024 (¥17,073 Mil).

Hefei Meyer Optoelectronic Technology's annual market cap declined from Dec. 2021 (¥25,408 Mil) to Dec. 2022 (¥21,091 Mil) and declined from Dec. 2022 (¥21,091 Mil) to Dec. 2023 (¥17,329 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. Hefei Meyer Optoelectronic Technology's Enterprise Value for Today is ¥13,314 Mil.


Hefei Meyer Optoelectronic Technology Market Cap Historical Data

The historical data trend for Hefei Meyer Optoelectronic Technology'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.

Hefei Meyer Optoelectronic Technology Market Cap Chart

Hefei Meyer Optoelectronic Technology 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 26,431.58 29,933.25 25,407.92 21,091.34 17,328.96

Hefei Meyer Optoelectronic Technology 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 28,504.20 22,721.62 18,511.28 17,328.96 17,073.09

Competitive Comparison of Hefei Meyer Optoelectronic Technology's Market Cap

For the Specialty Industrial Machinery subindustry, Hefei Meyer Optoelectronic Technology'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.


Hefei Meyer Optoelectronic Technology's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hefei Meyer Optoelectronic Technology's Market Cap distribution charts can be found below:

* The bar in red indicates where Hefei Meyer Optoelectronic Technology's Market Cap falls into.



Hefei Meyer Optoelectronic Technology 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.

Hefei Meyer Optoelectronic Technology'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 )
=¥19.64*882.33
=¥17,329

Hefei Meyer Optoelectronic Technology'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 )
=¥19.35*882.33
=¥17,073

* 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.


Hefei Meyer Optoelectronic Technology  (SZSE:002690) 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.


Hefei Meyer Optoelectronic Technology Market Cap Related Terms

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Hefei Meyer Optoelectronic Technology (SZSE:002690) Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.
Executives
Hao Xian Jin Director
Tian Ming Director
Jiang Dong Executives
Zhang Jian Jun Executives
Ni Ying Jiu Executives
Xu Peng Directors, executives
Lin Mao Xian Directors, executives
Xiang Cheng Executives
Zhao Hui Fang Independent director
Han Li Ming Supervisors
Yu Neng Hong Director

Hefei Meyer Optoelectronic Technology (SZSE:002690) Headlines

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