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Fujian Newchoice Pipe Technology Co (SZSE:300198) Market Cap : ¥2,795.5 Mil (As of Apr. 18, 2025)


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What is Fujian Newchoice Pipe 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). Fujian Newchoice Pipe Technology Co's share price for the quarter that ended in Sep. 2024 was ¥1.91. Fujian Newchoice Pipe Technology Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 1,031.5 Mil. Therefore, Fujian Newchoice Pipe Technology Co's market cap for the quarter that ended in Sep. 2024 was ¥1,970.3 Mil.

Fujian Newchoice Pipe Technology Co's quarterly market cap declined from Mar. 2024 (¥1,980.6 Mil) to Jun. 2024 (¥1,134.7 Mil) but then increased from Jun. 2024 (¥1,134.7 Mil) to Sep. 2024 (¥1,970.3 Mil).

Fujian Newchoice Pipe Technology Co's annual market cap declined from Dec. 2021 (¥4,146.8 Mil) to Dec. 2022 (¥2,785.2 Mil) and declined from Dec. 2022 (¥2,785.2 Mil) to Dec. 2023 (¥2,774.9 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. Fujian Newchoice Pipe Technology Co's Enterprise Value for Today is ¥3,769.3 Mil.


Fujian Newchoice Pipe Technology Co Market Cap Historical Data

The historical data trend for Fujian Newchoice Pipe 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.

Fujian Newchoice Pipe Technology Co Market Cap Chart

Fujian Newchoice Pipe 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 4,456.29 5,312.48 4,146.83 2,785.18 2,774.87

Fujian Newchoice Pipe Technology Co 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 2,743.92 2,774.87 1,980.57 1,134.70 1,970.26

Competitive Comparison of Fujian Newchoice Pipe Technology Co's Market Cap

For the Building Products & Equipment subindustry, Fujian Newchoice Pipe 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.


Fujian Newchoice Pipe Technology Co's Market Cap Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fujian Newchoice Pipe Technology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Fujian Newchoice Pipe Technology Co's Market Cap falls into.


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Fujian Newchoice Pipe 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.

Fujian Newchoice Pipe 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 )
=¥2.69*1031.549
=¥2,774.9

Fujian Newchoice Pipe Technology Co'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 )
=¥1.91*1031.549
=¥1,970.3

* 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.


Fujian Newchoice Pipe Technology Co  (SZSE:300198) 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.


Fujian Newchoice Pipe Technology Co Market Cap Related Terms

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Fujian Newchoice Pipe Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.666 Xiahe Road, 25F,Haiyi Building A, Siming District, Xiamen, CHN, 362000
Fujian Newchoice Pipe Technology Co Ltd operates as a high-tech environmental protection industry group in China. Its business covers new energy vehicles, PPP investment construction, and green environmental protection pipes. Its products include High-density polyethylene (HDPE) wound structure wall tube, Steel skeleton polyethylene (PE) plastic composite pipe and FRP sand pipe.
Executives
Zhang Xiao Li Supervisors
Liu Rong Xuan Director
Xiao Ren Jian Directors, executives
Chen Zhi Jiang Directors, executives
Chen Zhang Quan Securities Affairs Representative
Cai Qiu Lin Supervisors
Cai Le Min Directors, executives
Liu Yu Lin Director
Fu Yi Ying Directors, executives
Xu Wan Jiao Securities Affairs Representative
Yang Hui Secretary, Director
Wang Li Qun Executives
Zhang Ping Executives

Fujian Newchoice Pipe Technology Co Headlines

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