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Tong Petrotech (SZSE:300164) Market Cap : ¥2,830 Mil (As of Dec. 14, 2024)


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What is Tong Petrotech 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). Tong Petrotech's share price for the quarter that ended in Sep. 2024 was ¥4.28. Tong Petrotech's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 591 Mil. Therefore, Tong Petrotech's market cap for the quarter that ended in Sep. 2024 was ¥2,529 Mil.

Tong Petrotech's quarterly market cap declined from Mar. 2024 (¥2,517 Mil) to Jun. 2024 (¥2,068 Mil) but then increased from Jun. 2024 (¥2,068 Mil) to Sep. 2024 (¥2,529 Mil).

Tong Petrotech's annual market cap declined from Dec. 2021 (¥3,072 Mil) to Dec. 2022 (¥2,155 Mil) but then increased from Dec. 2022 (¥2,155 Mil) to Dec. 2023 (¥2,819 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. Tong Petrotech's Enterprise Value for Today is ¥2,791 Mil.


Tong Petrotech Market Cap Historical Data

The historical data trend for Tong Petrotech'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.

Tong Petrotech Market Cap Chart

Tong Petrotech 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 2,346.25 1,987.36 3,071.96 2,155.27 2,818.64

Tong Petrotech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,096.36 2,818.64 2,517.27 2,068.18 2,529.09

Competitive Comparison of Tong Petrotech's Market Cap

For the Oil & Gas Equipment & Services subindustry, Tong Petrotech'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.


Tong Petrotech's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tong Petrotech's Market Cap distribution charts can be found below:

* The bar in red indicates where Tong Petrotech's Market Cap falls into.



Tong Petrotech 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.

Tong Petrotech'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 )
=¥4.77*590.909
=¥2,819

Tong Petrotech's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=¥4.28*590.909
=¥2,529

* 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.


Tong Petrotech  (SZSE:300164) 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.


Tong Petrotech Market Cap Related Terms

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Tong Petrotech Business Description

Traded in Other Exchanges
N/A
Address
No. 51 Tangyan Road, 13th Floor, Block A, Life One Center, High-tech Zone, Xi'an, CHN, 710065
Tong Petrotech Corp is engaged in offering oil recovery, drilling and completion technical services, fracturing technology services, CBM technical services, and block integrating contracting services. The technical services provided by the company include compound perforating, drilling, and integrated big bag service.
Executives
Zhang Guo An Director
Zhang Zhi Jian Director
Ren Yan Zhong Directors, executives
Zhang Bai Shuang Executives
Wang Hong Wei Securities Affairs Representative
Zhang Ming Supervisors
Liu Yin Zhong Executives
Tian Yi Executives
Chen Yan Supervisors
Wu Chi Yan Director
Huang Jian Qing Director
Zhou Zhi Hua Supervisors

Tong Petrotech Headlines

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