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Guangdong Modern High-Tech Fiber Co (SZSE:300876) Market Cap : ¥1,582.1 Mil (As of Jun. 24, 2024)


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What is Guangdong Modern High-Tech Fiber 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). Guangdong Modern High-Tech Fiber Co's share price for the quarter that ended in Mar. 2024 was ¥18.93. Guangdong Modern High-Tech Fiber Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 96.0 Mil. Therefore, Guangdong Modern High-Tech Fiber Co's market cap for the quarter that ended in Mar. 2024 was ¥1,817.3 Mil.

Guangdong Modern High-Tech Fiber Co's quarterly market cap increased from Sep. 2023 (¥2,389.4 Mil) to Dec. 2023 (¥2,402.0 Mil) but then declined from Dec. 2023 (¥2,402.0 Mil) to Mar. 2024 (¥1,817.3 Mil).

Guangdong Modern High-Tech Fiber Co's annual market cap increased from Dec. 2021 (¥2,905.9 Mil) to Dec. 2022 (¥2,950.1 Mil) but then declined from Dec. 2022 (¥2,950.1 Mil) to Dec. 2023 (¥2,402.0 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. Guangdong Modern High-Tech Fiber Co's Enterprise Value for Today is ¥2,122.6 Mil.


Guangdong Modern High-Tech Fiber Co Market Cap Historical Data

The historical data trend for Guangdong Modern High-Tech Fiber 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.

Guangdong Modern High-Tech Fiber Co Market Cap Chart

Guangdong Modern High-Tech Fiber Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 3,676.80 2,905.92 2,950.08 2,401.97

Guangdong Modern High-Tech Fiber Co Quarterly Data
Dec18 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 2,611.20 2,500.80 2,389.44 2,401.97 1,817.32

Competitive Comparison of Guangdong Modern High-Tech Fiber Co's Market Cap

For the Textile Manufacturing subindustry, Guangdong Modern High-Tech Fiber 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.


Guangdong Modern High-Tech Fiber Co's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Guangdong Modern High-Tech Fiber Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Guangdong Modern High-Tech Fiber Co's Market Cap falls into.



Guangdong Modern High-Tech Fiber 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.

Guangdong Modern High-Tech Fiber 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 )
=¥25.02*96.0021
=¥2,402.0

Guangdong Modern High-Tech Fiber 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 )
=¥18.93*96.0021
=¥1,817.3

* 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.


Guangdong Modern High-Tech Fiber Co  (SZSE:300876) 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.


Guangdong Modern High-Tech Fiber Co Market Cap Related Terms

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Guangdong Modern High-Tech Fiber Co (SZSE:300876) Business Description

Traded in Other Exchanges
N/A
Address
Xipian Industrial Zone, Jiedong City, Guangdong Province, Jieyang, CHN, 515500
Guangdong Modern High-Tech Fiber Co Ltd is engaged in production and sales of polypropylene fiber. The company's product categories include MODERNS PP Microfiber; Differential Fiber PP Yarn; PP intermingled FDY; PP Profiled Yarn; PP Twisted Yarn; PP BCF YARN; and PP ATY.
Executives
Zhu Shao Fen Directors, executives
Zheng Xiao Yi Executives

Guangdong Modern High-Tech Fiber Co (SZSE:300876) Headlines

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