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Jiangsu LiXing General Steel Ball Co (SZSE:300421) Market Cap : ¥2,790 Mil (As of May. 23, 2024)


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What is Jiangsu LiXing General Steel Ball 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). Jiangsu LiXing General Steel Ball Co's share price for the quarter that ended in Mar. 2024 was ¥8.94. Jiangsu LiXing General Steel Ball Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 294 Mil. Therefore, Jiangsu LiXing General Steel Ball Co's market cap for the quarter that ended in Mar. 2024 was ¥2,629 Mil.

Jiangsu LiXing General Steel Ball Co's quarterly market cap increased from Sep. 2023 (¥2,782 Mil) to Dec. 2023 (¥3,796 Mil) but then declined from Dec. 2023 (¥3,796 Mil) to Mar. 2024 (¥2,629 Mil).

Jiangsu LiXing General Steel Ball Co's annual market cap declined from Dec. 2021 (¥5,428 Mil) to Dec. 2022 (¥2,857 Mil) but then increased from Dec. 2022 (¥2,857 Mil) to Dec. 2023 (¥3,796 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. Jiangsu LiXing General Steel Ball Co's Enterprise Value for Today is ¥3,038 Mil.


Jiangsu LiXing General Steel Ball Co Market Cap Historical Data

The historical data trend for Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball Co Market Cap Chart

Jiangsu LiXing General Steel Ball 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 1,692.97 1,791.82 5,428.17 2,857.13 3,795.93

Jiangsu LiXing General Steel Ball 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 2,943.78 3,547.40 2,781.52 3,795.93 2,628.63

Competitive Comparison of Jiangsu LiXing General Steel Ball Co's Market Cap

For the Steel subindustry, Jiangsu LiXing General Steel Ball 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.


Jiangsu LiXing General Steel Ball Co's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu LiXing General Steel Ball Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Jiangsu LiXing General Steel Ball Co's Market Cap falls into.



Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball 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 )
=¥12.91*294.03
=¥3,796

Jiangsu LiXing General Steel Ball 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 )
=¥8.94*294.03
=¥2,629

* 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.


Jiangsu LiXing General Steel Ball Co  (SZSE:300421) 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.


Jiangsu LiXing General Steel Ball Co Market Cap Related Terms

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Jiangsu LiXing General Steel Ball Co (SZSE:300421) Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Xingyuan Avenue, Rugao Town, Jiangsu Province, Rugao, Jiangsu, CHN, 226500
Jiangsu LiXing General Steel Ball Co Ltd is engaged in manufacturing of mechanical basic parts and auto parts. Its main products are high-precision bearing steel ball, precision non-sound steel ball, high-grade car special precision bearing steel ball, high-grade car wheel special steel ball, wind power generation special steel Balls.

Jiangsu LiXing General Steel Ball Co (SZSE:300421) Headlines

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