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Gansu Longshenrongfa Pharmaceutical Industry Co (SZSE:300534) Market Cap : ¥2,509 Mil (As of May. 10, 2024)


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What is Gansu Longshenrongfa Pharmaceutical Industry 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). Gansu Longshenrongfa Pharmaceutical Industry Co's share price for the quarter that ended in Mar. 2024 was ¥8.43. Gansu Longshenrongfa Pharmaceutical Industry Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 303 Mil. Therefore, Gansu Longshenrongfa Pharmaceutical Industry Co's market cap for the quarter that ended in Mar. 2024 was ¥2,557 Mil.

Gansu Longshenrongfa Pharmaceutical Industry Co's quarterly market cap declined from Sep. 2023 (¥3,033 Mil) to Dec. 2023 (¥2,994 Mil) and declined from Dec. 2023 (¥2,994 Mil) to Mar. 2024 (¥2,557 Mil).

Gansu Longshenrongfa Pharmaceutical Industry Co's annual market cap declined from Dec. 2021 (¥4,465 Mil) to Dec. 2022 (¥2,691 Mil) but then increased from Dec. 2022 (¥2,691 Mil) to Dec. 2023 (¥2,994 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. Gansu Longshenrongfa Pharmaceutical Industry Co's Enterprise Value for Today is ¥2,344 Mil.


Gansu Longshenrongfa Pharmaceutical Industry Co Market Cap Historical Data

The historical data trend for Gansu Longshenrongfa Pharmaceutical Industry 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.

Gansu Longshenrongfa Pharmaceutical Industry Co Market Cap Chart

Gansu Longshenrongfa Pharmaceutical Industry 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 1,804.90 1,756.37 4,465.24 2,690.67 2,994.02

Gansu Longshenrongfa Pharmaceutical Industry 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 2,845.38 3,069.85 3,033.45 2,994.02 2,557.20

Competitive Comparison of Gansu Longshenrongfa Pharmaceutical Industry Co's Market Cap

For the Drug Manufacturers - Specialty & Generic subindustry, Gansu Longshenrongfa Pharmaceutical Industry 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.


Gansu Longshenrongfa Pharmaceutical Industry Co's Market Cap Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Gansu Longshenrongfa Pharmaceutical Industry Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Gansu Longshenrongfa Pharmaceutical Industry Co's Market Cap falls into.



Gansu Longshenrongfa Pharmaceutical Industry 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.

Gansu Longshenrongfa Pharmaceutical Industry 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*303.345
=¥2,994

Gansu Longshenrongfa Pharmaceutical Industry 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 )
=¥8.43*303.345
=¥2,557

* 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.


Gansu Longshenrongfa Pharmaceutical Industry Co  (SZSE:300534) 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.


Gansu Longshenrongfa Pharmaceutical Industry Co Market Cap Related Terms

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Gansu Longshenrongfa Pharmaceutical Industry Co (SZSE:300534) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Defence Road, Dingyuan Town, Gansu Province, Lanzhou, CHN, 730101
Gansu Longshenrongfa Pharmaceutical Industry Co Ltd is mainly engaged in the pharmaceutical business. It is engaged in the research and development of new drugs, traditional Chinese medicine processing and production. Its products portfolio includes Yuan Hu Zhitong Dripping Pills, Qiwei Wenyang Capsule and Xiaoshuan Tongluo Tablets. Its products are used to adjust gas, promote blood circulation, relieve pain, relieve cough, eliminate phlegm, relieve asthma, clear heat, and dispel dampness, among others.

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