Guangzhou Jointas Chemical Co's quarterly market cap
declined
from Sep. 2023 (¥2,960 Mil) to Dec. 2023 (¥2,844 Mil) and
declined
from Dec. 2023 (¥2,844 Mil) to Mar. 2024 (¥2,321 Mil).
Guangzhou Jointas Chemical Co's annual market cap
increased
from Dec. 2021 (¥2,736 Mil) to Dec. 2022 (¥3,295 Mil) but then
declined
from Dec. 2022 (¥3,295 Mil) to Dec. 2023 (¥2,844 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. Guangzhou Jointas Chemical Co's Enterprise Value for Today is ¥2,129 Mil.
Guangzhou Jointas Chemical Co Market Cap Historical Data
* 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.
Competitive Comparison of Guangzhou Jointas Chemical Co's Market Cap
For the Specialty Chemicals subindustry, Guangzhou Jointas Chemical 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.
Guangzhou Jointas Chemical Co's Market Cap Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Guangzhou Jointas Chemical Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Guangzhou Jointas Chemical Co's Market Cap falls into.
Guangzhou Jointas Chemical 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.
* 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.
Guangzhou Jointas Chemical Co (SZSE:002909) 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.
Guangzhou Jointas Chemical Co Market Cap Related Terms
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Guangzhou Jointas Chemical Co (SZSE:002909) Business Description
Guangzhou Jointas Chemical Co Ltd produces and sells sealants and coating-based products in China. The company offers acetic silicone, door and window, insulating glass, and weather-proof sealants, as well as sealant for glass, automobile, and shipbuilding. It also provides water-based latex and anti-corrosion paints. Its products are used in construction, freight container, automobile/ship sealants, asphalt undercoating, and steel structure manufacturing.
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