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Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Market Cap : ¥2,490 Mil (As of May. 14, 2024)


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What is Tianjin Jinrong Tianyu Precision Machinery 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). Tianjin Jinrong Tianyu Precision Machinery's share price for the quarter that ended in Mar. 2024 was ¥28.26. Tianjin Jinrong Tianyu Precision Machinery's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 140 Mil. Therefore, Tianjin Jinrong Tianyu Precision Machinery's market cap for the quarter that ended in Mar. 2024 was ¥3,965 Mil.

Tianjin Jinrong Tianyu Precision Machinery's quarterly market cap increased from Sep. 2023 (¥2,974 Mil) to Dec. 2023 (¥2,986 Mil) and increased from Dec. 2023 (¥2,986 Mil) to Mar. 2024 (¥3,965 Mil).

Tianjin Jinrong Tianyu Precision Machinery's annual market cap increased from Dec. 2021 (¥2,621 Mil) to Dec. 2022 (¥2,759 Mil) and increased from Dec. 2022 (¥2,759 Mil) to Dec. 2023 (¥2,986 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. Tianjin Jinrong Tianyu Precision Machinery's Enterprise Value for Today is ¥2,778 Mil.


Tianjin Jinrong Tianyu Precision Machinery Market Cap Historical Data

The historical data trend for Tianjin Jinrong Tianyu Precision Machinery'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.

Tianjin Jinrong Tianyu Precision Machinery Market Cap Chart

Tianjin Jinrong Tianyu Precision Machinery Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2,621.26 2,759.42 2,985.52

Tianjin Jinrong Tianyu Precision Machinery Quarterly Data
Mar19 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 3,134.23 3,013.58 2,974.30 2,985.52 3,964.79

Competitive Comparison of Tianjin Jinrong Tianyu Precision Machinery's Market Cap

For the Metal Fabrication subindustry, Tianjin Jinrong Tianyu Precision Machinery'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.


Tianjin Jinrong Tianyu Precision Machinery's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Jinrong Tianyu Precision Machinery's Market Cap distribution charts can be found below:

* The bar in red indicates where Tianjin Jinrong Tianyu Precision Machinery's Market Cap falls into.



Tianjin Jinrong Tianyu Precision Machinery 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.

Tianjin Jinrong Tianyu Precision Machinery'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 )
=¥21.28*140.297
=¥2,986

Tianjin Jinrong Tianyu Precision Machinery'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 )
=¥28.26*140.297
=¥3,965

* 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.


Tianjin Jinrong Tianyu Precision Machinery  (SZSE:300988) 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.


Tianjin Jinrong Tianyu Precision Machinery Market Cap Related Terms

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Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Haitai Chuangxin 4th Road, Huayuan Industrial Zone, Tianjin, CHN, 300384
Tianjin Jinrong Tianyu Precision Machinery Co Ltd is engaged in the research and development, production and sales of precision metal molds and related parts.

Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Headlines

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