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Songcheng Performance Development Co (SZSE:300144) Market Cap : ¥27,118 Mil (As of May. 14, 2024)


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What is Songcheng Performance Development 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). Songcheng Performance Development Co's share price for the quarter that ended in Mar. 2024 was ¥10.26. Songcheng Performance Development Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,620 Mil. Therefore, Songcheng Performance Development Co's market cap for the quarter that ended in Mar. 2024 was ¥26,882 Mil.

Songcheng Performance Development Co's quarterly market cap declined from Sep. 2023 (¥31,952 Mil) to Dec. 2023 (¥25,860 Mil) but then increased from Dec. 2023 (¥25,860 Mil) to Mar. 2024 (¥26,882 Mil).

Songcheng Performance Development Co's annual market cap increased from Dec. 2021 (¥37,442 Mil) to Dec. 2022 (¥38,174 Mil) but then declined from Dec. 2022 (¥38,174 Mil) to Dec. 2023 (¥25,860 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. Songcheng Performance Development Co's Enterprise Value for Today is ¥24,505 Mil.


Songcheng Performance Development Co Market Cap Historical Data

The historical data trend for Songcheng Performance Development 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.

Songcheng Performance Development Co Market Cap Chart

Songcheng Performance Development 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 44,894.23 46,332.31 37,442.36 38,174.47 25,860.29

Songcheng Performance Development 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 42,541.01 32,422.16 31,951.51 25,860.29 26,882.12

Competitive Comparison of Songcheng Performance Development Co's Market Cap

For the Leisure subindustry, Songcheng Performance Development 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.


Songcheng Performance Development Co's Market Cap Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Songcheng Performance Development Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Songcheng Performance Development Co's Market Cap falls into.



Songcheng Performance Development 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.

Songcheng Performance Development 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 )
=¥9.87*2620.09
=¥25,860

Songcheng Performance Development 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 )
=¥10.26*2620.09
=¥26,882

* 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.


Songcheng Performance Development Co  (SZSE:300144) 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.


Songcheng Performance Development Co Market Cap Related Terms

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Songcheng Performance Development Co (SZSE:300144) Business Description

Traded in Other Exchanges
N/A
Address
148 River Road, Zhejiang Province, Hangzhou, CHN, 310008
Songcheng Performance Development Co Ltd operates in the performing arts industry. The company is engaged in the operation of theme parks and tourism cultural shows in China. It has developed dozens of cultural entertainment projects including Songcheng Six Rooms and China Performing Arts Valley. In addition, the company has extended businesses in leisure tourism, live entertainment, and online entertainment, intending to create a performance empire that covers both online and offline traffic.

Songcheng Performance Development Co (SZSE:300144) Headlines

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