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Qingdao Greensum Ecology Co (SZSE:300948) Market Cap : ¥1,351.2 Mil (As of May. 04, 2024)


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What is Qingdao Greensum Ecology 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). Qingdao Greensum Ecology Co's share price for the quarter that ended in Mar. 2024 was ¥11.17. Qingdao Greensum Ecology Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 140.0 Mil. Therefore, Qingdao Greensum Ecology Co's market cap for the quarter that ended in Mar. 2024 was ¥1,564.0 Mil.

Qingdao Greensum Ecology Co's quarterly market cap declined from Sep. 2023 (¥2,170.2 Mil) to Dec. 2023 (¥2,017.5 Mil) and declined from Dec. 2023 (¥2,017.5 Mil) to Mar. 2024 (¥1,564.0 Mil).

Qingdao Greensum Ecology Co's annual market cap declined from Dec. 2021 (¥3,433.0 Mil) to Dec. 2022 (¥1,724.9 Mil) but then increased from Dec. 2022 (¥1,724.9 Mil) to Dec. 2023 (¥2,017.5 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. Qingdao Greensum Ecology Co's Enterprise Value for Today is ¥1,312.3 Mil.


Qingdao Greensum Ecology Co Market Cap Historical Data

The historical data trend for Qingdao Greensum Ecology 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.

Qingdao Greensum Ecology Co Market Cap Chart

Qingdao Greensum Ecology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3,433.05 1,724.92 2,017.54

Qingdao Greensum Ecology 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 1,978.34 2,115.55 2,170.16 2,017.54 1,563.98

Competitive Comparison of Qingdao Greensum Ecology Co's Market Cap

For the Waste Management subindustry, Qingdao Greensum Ecology 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.


Qingdao Greensum Ecology Co's Market Cap Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Qingdao Greensum Ecology Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Qingdao Greensum Ecology Co's Market Cap falls into.



Qingdao Greensum Ecology 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.

Qingdao Greensum Ecology 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 )
=¥14.41*140.01
=¥2,017.5

Qingdao Greensum Ecology 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 )
=¥11.17*140.016
=¥1,564.0

* 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.


Qingdao Greensum Ecology Co  (SZSE:300948) 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.


Qingdao Greensum Ecology Co Market Cap Related Terms

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Qingdao Greensum Ecology Co (SZSE:300948) Business Description

Traded in Other Exchanges
N/A
Address
Shashakou Street, North of Village Committee, Beilongkou Community, Laoshan District, Shandong Province, Qingdao, CHN, 266100
Qingdao Greensum Ecology Co Ltd specializes in ecological restoration work, including: vegetation restoration, soil restoration, water and soil conservation, sand prevention and control, and military camouflage for national defense. In addition to ecological restoration, it is also engaged in three-dimensional greening and urban environment construction.

Qingdao Greensum Ecology Co (SZSE:300948) Headlines

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