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Ningbo Cixing Co (SZSE:300307) Market Cap : ¥4,924 Mil (As of May. 28, 2024)


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What is Ningbo Cixing 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). Ningbo Cixing Co's share price for the quarter that ended in Mar. 2024 was ¥5.71. Ningbo Cixing Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 788 Mil. Therefore, Ningbo Cixing Co's market cap for the quarter that ended in Mar. 2024 was ¥4,498 Mil.

Ningbo Cixing Co's quarterly market cap declined from Sep. 2023 (¥5,609 Mil) to Dec. 2023 (¥5,058 Mil) and declined from Dec. 2023 (¥5,058 Mil) to Mar. 2024 (¥4,498 Mil).

Ningbo Cixing Co's annual market cap declined from Dec. 2021 (¥6,143 Mil) to Dec. 2022 (¥3,934 Mil) but then increased from Dec. 2022 (¥3,934 Mil) to Dec. 2023 (¥5,058 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. Ningbo Cixing Co's Enterprise Value for Today is ¥4,925 Mil.


Ningbo Cixing Co Market Cap Historical Data

The historical data trend for Ningbo Cixing 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.

Ningbo Cixing Co Market Cap Chart

Ningbo Cixing 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 3,496.72 4,011.99 6,142.87 3,933.93 5,057.69

Ningbo Cixing 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 4,573.98 5,331.10 5,609.15 5,057.69 4,498.35

Competitive Comparison of Ningbo Cixing Co's Market Cap

For the Specialty Industrial Machinery subindustry, Ningbo Cixing 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.


Ningbo Cixing Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Cixing Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Ningbo Cixing Co's Market Cap falls into.



Ningbo Cixing 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.

Ningbo Cixing 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 )
=¥6.42*787.802
=¥5,058

Ningbo Cixing 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 )
=¥5.71*787.802
=¥4,498

* 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.


Ningbo Cixing Co  (SZSE:300307) 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.


Ningbo Cixing Co Market Cap Related Terms

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Ningbo Cixing Co (SZSE:300307) Business Description

Traded in Other Exchanges
N/A
Address
West Weisan Road, Andong Town Industrial Zone, Cixi, CHN, 315327
Ningbo Cixing Co Ltd is engaged in the research and development, manufacture and distribution of computerized knitting machines. The company's main products include computerized flat knitting machines, computerized seamless underwear circular knitting machines, stocking machine, and circular knitting machine.
Executives
Lu De Chun Executives
Liu Dao Cheng Executives
Hu Xue Qun Supervisors
Sun Ping Fan Directors, executives
Yang Xue Lan Securities Affairs Representative
Li Li Jun Directors, executives

Ningbo Cixing Co (SZSE:300307) Headlines

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