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Jiangsu Tongling Electric Co (SZSE:301168) Market Cap : ¥3,886 Mil (As of May. 17, 2024)


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What is Jiangsu Tongling Electric 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). Jiangsu Tongling Electric Co's share price for the quarter that ended in Mar. 2024 was ¥39.88. Jiangsu Tongling Electric Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 120 Mil. Therefore, Jiangsu Tongling Electric Co's market cap for the quarter that ended in Mar. 2024 was ¥4,786 Mil.

Jiangsu Tongling Electric Co's quarterly market cap increased from Sep. 2023 (¥5,040 Mil) to Dec. 2023 (¥5,539 Mil) but then declined from Dec. 2023 (¥5,539 Mil) to Mar. 2024 (¥4,786 Mil).

Jiangsu Tongling Electric Co's annual market cap increased from Dec. 2021 (¥7,207 Mil) to Dec. 2022 (¥8,684 Mil) but then declined from Dec. 2022 (¥8,684 Mil) to Dec. 2023 (¥5,539 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. Jiangsu Tongling Electric Co's Enterprise Value for Today is ¥2,522 Mil.


Jiangsu Tongling Electric Co Market Cap Historical Data

The historical data trend for Jiangsu Tongling Electric 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.

Jiangsu Tongling Electric Co Market Cap Chart

Jiangsu Tongling Electric 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 - - 7,207.20 8,684.40 5,539.20

Jiangsu Tongling Electric Co Quarterly Data
Dec17 Dec18 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 6,631.20 7,476.00 5,040.00 5,539.20 4,785.60

Competitive Comparison of Jiangsu Tongling Electric Co's Market Cap

For the Solar subindustry, Jiangsu Tongling Electric 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.


Jiangsu Tongling Electric Co's Market Cap Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Jiangsu Tongling Electric Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Jiangsu Tongling Electric Co's Market Cap falls into.



Jiangsu Tongling Electric 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.

Jiangsu Tongling Electric 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 )
=¥46.16*120
=¥5,539

Jiangsu Tongling Electric 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 )
=¥39.88*120
=¥4,786

* 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.


Jiangsu Tongling Electric Co  (SZSE:301168) 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.


Jiangsu Tongling Electric Co Market Cap Related Terms

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Jiangsu Tongling Electric Co (SZSE:301168) Business Description

Traded in Other Exchanges
N/A
Address
No. 666 Gangmao Road, Economic Development Zone, Jiangsu Province, Yangzhong, CHN, 212200
Jiangsu Tongling Co Ltd is engaged in the research and development, production and sales of solar photovoltaic module junction boxes and other accessories.

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