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Jiangsu New Technology Group Co (SZSE:301229) Market Cap : ¥2,788.2 Mil (As of Jun. 15, 2024)


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What is Jiangsu New Technology Group 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 New Technology Group Co's share price for the quarter that ended in Mar. 2024 was ¥23.7714. Jiangsu New Technology Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 112.0 Mil. Therefore, Jiangsu New Technology Group Co's market cap for the quarter that ended in Mar. 2024 was ¥2,662.9 Mil.

Jiangsu New Technology Group Co's quarterly market cap declined from Sep. 2023 (¥2,760.0 Mil) to Dec. 2023 (¥2,660.0 Mil) but then increased from Dec. 2023 (¥2,660.0 Mil) to Mar. 2024 (¥2,662.9 Mil).

Jiangsu New Technology Group Co's annual market cap increased from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥2,260.0 Mil) and increased from Dec. 2022 (¥2,260.0 Mil) to Dec. 2023 (¥2,660.0 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. Jiangsu New Technology Group Co's Enterprise Value for Today is ¥2,728.9 Mil.


Jiangsu New Technology Group Co Market Cap Historical Data

The historical data trend for Jiangsu New Technology Group 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.

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Jiangsu New Technology Group Co Market Cap Chart

Jiangsu New Technology Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - - 2,260.00 2,660.00

Jiangsu New Technology Group 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 2,322.40 2,456.00 2,760.00 2,660.00 2,662.87

Competitive Comparison of Jiangsu New Technology Group Co's Market Cap

For the Auto Parts subindustry, Jiangsu New Technology Group 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 New Technology Group Co's Market Cap Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu New Technology Group Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Jiangsu New Technology Group Co's Market Cap falls into.



Jiangsu New Technology Group 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 New Technology Group 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 )
=¥23.75*112
=¥2,660.0

Jiangsu New Technology Group 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 )
=¥23.7714*112.02
=¥2,662.9

* 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 New Technology Group Co  (SZSE:301229) 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 New Technology Group Co Market Cap Related Terms

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Jiangsu New Technology Group Co (SZSE:301229) Business Description

Traded in Other Exchanges
N/A
Address
No. 161 Songjiang Road, Huaiyin Economic Development Zone, Jiangsu Province, Huaian, CHN, 223300
Jiangsu New Technology Group Co Ltd is research and development, production and sales of aluminum casting parts and plastic parts in the fields of automotive suspension systems, automotive interior and exterior trim.

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