GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Hengwei Battery Co Ltd (SZSE:301222) » Definitions » Market Cap

Zhejiang Hengwei Battery Co (SZSE:301222) Market Cap : ¥2,516.1 Mil (As of May. 20, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Zhejiang Hengwei Battery 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). Zhejiang Hengwei Battery Co's share price for the quarter that ended in Mar. 2024 was ¥22.74. Zhejiang Hengwei Battery Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 101.3 Mil. Therefore, Zhejiang Hengwei Battery Co's market cap for the quarter that ended in Mar. 2024 was ¥2,304.3 Mil.

Zhejiang Hengwei Battery Co's quarterly market cap increased from Sep. 2023 (¥2,945.8 Mil) to Dec. 2023 (¥3,012.6 Mil) but then declined from Dec. 2023 (¥3,012.6 Mil) to Mar. 2024 (¥2,304.3 Mil).

Zhejiang Hengwei Battery Co's annual market cap increased from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥2,555.6 Mil) and increased from Dec. 2022 (¥2,555.6 Mil) to Dec. 2023 (¥3,012.6 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. Zhejiang Hengwei Battery Co's Enterprise Value for Today is ¥1,465.6 Mil.


Zhejiang Hengwei Battery Co Market Cap Historical Data

The historical data trend for Zhejiang Hengwei Battery 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.

Zhejiang Hengwei Battery Co Market Cap Chart

Zhejiang Hengwei Battery 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 - - - 2,555.62 3,012.63

Zhejiang Hengwei Battery Co Quarterly Data
Jun17 Dec17 Dec18 Dec19 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 2,846.44 2,984.26 2,945.75 3,012.63 2,304.31

Competitive Comparison of Zhejiang Hengwei Battery Co's Market Cap

For the Electrical Equipment & Parts subindustry, Zhejiang Hengwei Battery 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.


Zhejiang Hengwei Battery Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Hengwei Battery Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Hengwei Battery Co's Market Cap falls into.



Zhejiang Hengwei Battery 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.

Zhejiang Hengwei Battery 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 )
=¥29.73*101.333
=¥3,012.6

Zhejiang Hengwei Battery 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 )
=¥22.74*101.333
=¥2,304.3

* 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.


Zhejiang Hengwei Battery Co  (SZSE:301222) 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.


Zhejiang Hengwei Battery Co Market Cap Related Terms

Thank you for viewing the detailed overview of Zhejiang Hengwei Battery Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Hengwei Battery Co (SZSE:301222) Business Description

Traded in Other Exchanges
N/A
Address
No. 77 Zhengyang West Road, Youchegang, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314018
Zhejiang Hengwei Battery Co Ltd is engaged in the production and sales of dry batteries and their accessories, and supporting small household appliances; research and development, manufacturing, sales and related technical services of battery parts and special equipment for battery production; engaged in import and export business.

Zhejiang Hengwei Battery Co (SZSE:301222) Headlines

No Headlines