GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MeiG Smart Technology Co Ltd (SZSE:002881) » Definitions » Market Cap

MeiG Smart Technology Co (SZSE:002881) Market Cap : ¥5,561 Mil (As of May. 17, 2024)


View and export this data going back to 2017. Start your Free Trial

What is MeiG Smart Technology 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). MeiG Smart Technology Co's share price for the quarter that ended in Mar. 2024 was ¥24.68. MeiG Smart Technology Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 262 Mil. Therefore, MeiG Smart Technology Co's market cap for the quarter that ended in Mar. 2024 was ¥6,459 Mil.

MeiG Smart Technology Co's quarterly market cap increased from Sep. 2023 (¥6,943 Mil) to Dec. 2023 (¥7,080 Mil) but then declined from Dec. 2023 (¥7,080 Mil) to Mar. 2024 (¥6,459 Mil).

MeiG Smart Technology Co's annual market cap declined from Dec. 2021 (¥7,921 Mil) to Dec. 2022 (¥6,406 Mil) but then increased from Dec. 2022 (¥6,406 Mil) to Dec. 2023 (¥7,080 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. MeiG Smart Technology Co's Enterprise Value for Today is ¥5,312 Mil.


MeiG Smart Technology Co Market Cap Historical Data

The historical data trend for MeiG Smart Technology 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.

MeiG Smart Technology Co Market Cap Chart

MeiG Smart Technology 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 4,834.51 3,657.58 7,921.19 6,406.30 7,080.01

MeiG Smart Technology 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 8,740.72 8,919.43 6,942.77 7,080.01 6,458.51

Competitive Comparison of MeiG Smart Technology Co's Market Cap

For the Communication Equipment subindustry, MeiG Smart Technology 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.


MeiG Smart Technology Co's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MeiG Smart Technology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where MeiG Smart Technology Co's Market Cap falls into.



MeiG Smart Technology 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.

MeiG Smart Technology 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 )
=¥27.06*261.641
=¥7,080

MeiG Smart Technology 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 )
=¥24.68*261.69
=¥6,459

* 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.


MeiG Smart Technology Co  (SZSE:002881) 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.


MeiG Smart Technology Co Market Cap Related Terms

Thank you for viewing the detailed overview of MeiG Smart Technology Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


MeiG Smart Technology Co (SZSE:002881) Business Description

Traded in Other Exchanges
N/A
Address
No.5 Lingxia Road, Fenghuang Fourth Industrial Zone, Fuyong Street, Baoan District, No.1, 2nd Floor, 3rd Floor, Building A, Building B, Guangdong Province, Shenzhen, CHN, 518103
MeiG Smart Technology Co Ltd is the communications equipment manufacturing company. Its core business is the development and production of IoT smart terminals, wireless communication modules (M2M) and intelligent hardware as well as precision mold development and production and sales of precision components. The company's IoT smart terminals, LTE module products and wireless data solutions applied in the fields of mobile payment, car networking, security, industrial routing, consumer electronics, smart power, smart meter reading, intelligent terminals, and item tracking. application.

MeiG Smart Technology Co (SZSE:002881) Headlines

No Headlines