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Essence Fastening Systems (Shanghai) Co (SZSE:301005) Market Cap : ¥4,315.6 Mil (As of Dec. 13, 2024)


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What is Essence Fastening Systems (Shanghai) 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). Essence Fastening Systems (Shanghai) Co's share price for the quarter that ended in Sep. 2024 was ¥28.44. Essence Fastening Systems (Shanghai) Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 134.9 Mil. Therefore, Essence Fastening Systems (Shanghai) Co's market cap for the quarter that ended in Sep. 2024 was ¥3,835.5 Mil.

Essence Fastening Systems (Shanghai) Co's quarterly market cap increased from Mar. 2024 (¥3,567.5 Mil) to Jun. 2024 (¥4,199.5 Mil) but then declined from Jun. 2024 (¥4,199.5 Mil) to Sep. 2024 (¥3,835.5 Mil).

Essence Fastening Systems (Shanghai) Co's annual market cap declined from Dec. 2021 (¥2,817.5 Mil) to Dec. 2022 (¥2,634.3 Mil) but then increased from Dec. 2022 (¥2,634.3 Mil) to Dec. 2023 (¥3,253.0 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. Essence Fastening Systems (Shanghai) Co's Enterprise Value for Today is ¥4,295.6 Mil.


Essence Fastening Systems (Shanghai) Co Market Cap Historical Data

The historical data trend for Essence Fastening Systems (Shanghai) 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.

Essence Fastening Systems (Shanghai) Co Market Cap Chart

Essence Fastening Systems (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 2,817.50 2,634.28 3,253.00

Essence Fastening Systems (Shanghai) Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2,894.57 3,253.00 3,567.52 4,199.54 3,835.48

Competitive Comparison of Essence Fastening Systems (Shanghai) Co's Market Cap

For the Tools & Accessories subindustry, Essence Fastening Systems (Shanghai) 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.


Essence Fastening Systems (Shanghai) Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Essence Fastening Systems (Shanghai) Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Essence Fastening Systems (Shanghai) Co's Market Cap falls into.



Essence Fastening Systems (Shanghai) 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.

Essence Fastening Systems (Shanghai) 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 )
=¥23.9462*135.846
=¥3,253.0

Essence Fastening Systems (Shanghai) Co's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=¥28.44*134.862
=¥3,835.5

* 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.


Essence Fastening Systems (Shanghai) Co  (SZSE:301005) 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.


Essence Fastening Systems (Shanghai) Co Market Cap Related Terms

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Essence Fastening Systems (Shanghai) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Lane 100, Fengshuo Road, Jiading District, Shanghai, CHN, 201822
Essence Fastening Systems (Shanghai) Co Ltd is engaged in the research and development, production, and sales of high-strength precision fasteners, special-shaped connectors, and other products.
Executives
Li Xin An Executives
Song Shu Sheng Director
Li Hong Tao Directors, executives
Yi Qin Feng Directors, executives

Essence Fastening Systems (Shanghai) Co Headlines

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