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Weihaishi Honglin Electronic Co (SZSE:301439) Market Cap : ¥5,117 Mil (As of Jun. 18, 2024)


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What is Weihaishi Honglin Electronic 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). Weihaishi Honglin Electronic Co's share price for the quarter that ended in Mar. 2024 was ¥13.91. Weihaishi Honglin Electronic Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 389 Mil. Therefore, Weihaishi Honglin Electronic Co's market cap for the quarter that ended in Mar. 2024 was ¥5,412 Mil.

Weihaishi Honglin Electronic Co's quarterly market cap declined from Sep. 2023 (¥6,121 Mil) to Dec. 2023 (¥5,689 Mil) and declined from Dec. 2023 (¥5,689 Mil) to Mar. 2024 (¥5,412 Mil).

Weihaishi Honglin Electronic Co's annual market cap stayed the same from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥0 Mil) but then increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥5,689 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. Weihaishi Honglin Electronic Co's Enterprise Value for Today is ¥4,162 Mil.


Weihaishi Honglin Electronic Co Market Cap Historical Data

The historical data trend for Weihaishi Honglin Electronic 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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Weihaishi Honglin Electronic Co Market Cap Chart

Weihaishi Honglin Electronic Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - - - 5,688.67

Weihaishi Honglin Electronic Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 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 7,093.33 6,941.58 6,120.57 5,688.67 5,412.41

Competitive Comparison of Weihaishi Honglin Electronic Co's Market Cap

For the Electrical Equipment & Parts subindustry, Weihaishi Honglin Electronic 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.


Weihaishi Honglin Electronic Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weihaishi Honglin Electronic Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Weihaishi Honglin Electronic Co's Market Cap falls into.



Weihaishi Honglin Electronic 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.

Weihaishi Honglin Electronic 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 )
=¥14.62*389.102
=¥5,689

Weihaishi Honglin Electronic 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 )
=¥13.91*389.102
=¥5,412

* 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.


Weihaishi Honglin Electronic Co  (SZSE:301439) 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.


Weihaishi Honglin Electronic Co Market Cap Related Terms

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Weihaishi Honglin Electronic Co (SZSE:301439) Business Description

Traded in Other Exchanges
N/A
Address
9-10 Pudong Road, Weihai Economic and Technological Zone, Shandong Province, Weihai, CHN, 264205
Weihaishi Honglin Electronic Co Ltd is engaged in the research and development, production and sales of power cord assemblies and special cables.

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