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Shandong Longda Meishi Co (SZSE:002726) Market Cap : ¥7,511 Mil (As of May. 01, 2024)


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What is Shandong Longda Meishi 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). Shandong Longda Meishi Co's share price for the quarter that ended in Mar. 2024 was ¥6.77. Shandong Longda Meishi Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,079 Mil. Therefore, Shandong Longda Meishi Co's market cap for the quarter that ended in Mar. 2024 was ¥7,306 Mil.

Shandong Longda Meishi Co's quarterly market cap increased from Sep. 2023 (¥8,094 Mil) to Dec. 2023 (¥8,741 Mil) but then declined from Dec. 2023 (¥8,741 Mil) to Mar. 2024 (¥7,306 Mil).

Shandong Longda Meishi Co's annual market cap declined from Dec. 2021 (¥11,285 Mil) to Dec. 2022 (¥9,896 Mil) and declined from Dec. 2022 (¥9,896 Mil) to Dec. 2023 (¥8,741 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 Longda Meishi Co's Enterprise Value for Today is ¥9,510 Mil.


Shandong Longda Meishi Co Market Cap Historical Data

The historical data trend for Shandong Longda Meishi 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 Longda Meishi Co Market Cap Chart

Shandong Longda Meishi 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 6,875.48 12,748.02 11,284.88 9,895.62 8,741.20

Shandong Longda Meishi 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 9,453.44 8,946.24 8,093.70 8,741.20 7,305.91

Competitive Comparison of Shandong Longda Meishi Co's Market Cap

For the Packaged Foods subindustry, Shandong Longda Meishi 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 Longda Meishi Co's Market Cap Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Longda Meishi Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Shandong Longda Meishi Co's Market Cap falls into.



Shandong Longda Meishi 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 Longda Meishi 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 )
=¥8.1*1079.16
=¥8,741

Shandong Longda Meishi 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 )
=¥6.77*1079.16
=¥7,306

* 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 Longda Meishi Co  (SZSE:002726) 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.


Shandong Longda Meishi Co Market Cap Related Terms

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Shandong Longda Meishi Co (SZSE:002726) Business Description

Traded in Other Exchanges
N/A
Address
Food Industrial Park, Shandong Province, Laiyang, CHN, 265200
Shandong Longda Meishi Co Ltd is a Chinese company operating in the meat processing industry. It activities include pig breeding, feed production, pig breeding, slaughtering and cutting, and cooked food processing. The company's product portfolio comprises fresh frozen pork, low-temperature meat products, bulk sauce and halogen foods, among others.

Shandong Longda Meishi Co (SZSE:002726) Headlines

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