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Avcon Information Technology Co (SZSE:300074) Market Cap : ¥2,039.1 Mil (As of May. 28, 2024)


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What is Avcon Information 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). Avcon Information Technology Co's share price for the quarter that ended in Mar. 2024 was ¥4.18. Avcon Information Technology Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 531.0 Mil. Therefore, Avcon Information Technology Co's market cap for the quarter that ended in Mar. 2024 was ¥2,219.7 Mil.

Avcon Information Technology Co's quarterly market cap declined from Sep. 2023 (¥2,485.2 Mil) to Dec. 2023 (¥2,458.6 Mil) and declined from Dec. 2023 (¥2,458.6 Mil) to Mar. 2024 (¥2,219.7 Mil).

Avcon Information Technology Co's annual market cap declined from Dec. 2021 (¥2,253.0 Mil) to Dec. 2022 (¥1,991.3 Mil) but then increased from Dec. 2022 (¥1,991.3 Mil) to Dec. 2023 (¥2,458.6 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. Avcon Information Technology Co's Enterprise Value for Today is ¥1,900.1 Mil.


Avcon Information Technology Co Market Cap Historical Data

The historical data trend for Avcon Information 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.

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Avcon Information Technology Co Market Cap Chart

Avcon Information 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 2,407.99 2,258.37 2,253.03 1,991.33 2,458.63

Avcon Information 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 2,363.04 2,288.70 2,485.18 2,458.63 2,219.67

Competitive Comparison of Avcon Information Technology Co's Market Cap

For the Communication Equipment subindustry, Avcon Information 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.


Avcon Information Technology Co's Market Cap Distribution in the Hardware Industry

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

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



Avcon Information 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.

Avcon Information 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 )
=¥4.63*531.021
=¥2,458.6

Avcon Information 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 )
=¥4.18*531.021
=¥2,219.7

* 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.


Avcon Information Technology Co  (SZSE:300074) 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.


Avcon Information Technology Co Market Cap Related Terms

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Avcon Information Technology Co (SZSE:300074) Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Lane 1688, North Guoquan Road, Building A6, Wangu Science and Technology Park, Yangpu District, Shanghai, CHN, 200433
Avcon Information Technology Co Ltd designs and sells audio and video communication products and image intelligent integrated applications. It provides users with visual application solutions such as video conferencing, emergency command, smart cities security monitoring, safe cities, intelligent transportation, online education, and video call centers.
Executives
Li Hui Secretary, Director
Tian Tian Supervisors
Cheng Lin Fang Executives
Fang Yong Xin Director
Guo Feng Directors, executives
Chen Zhuang Independent director
Tang Xiao Yun Secretary Dong
Wu Biao Executives
Huang Qiao Lian Securities Affairs Representative
Xi Feng Wei Directors, executives
Liu Xiao Lu Director
Liu Yan Director
Zhou Xiao Chuan Supervisors
Liu Xiao Dan Director
Li Ji Chun Supervisors

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