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). Weiqiao Textile Co's share price for the quarter that ended in Jun. 2023 was $0.2026. Weiqiao Textile Co's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 1,194 Mil. Therefore, Weiqiao Textile Co's market cap for the quarter that ended in Jun. 2023 was $242 Mil.
Weiqiao Textile Co's quarterly market cap
declined
from Jun. 2022 ($318 Mil) to Dec. 2022 ($210 Mil) but then
increased
from Dec. 2022 ($210 Mil) to Jun. 2023 ($242 Mil).
Weiqiao Textile Co's annual market cap
increased
from Dec. 2020 ($298 Mil) to Dec. 2021 ($417 Mil) but then
declined
from Dec. 2021 ($417 Mil) to Dec. 2022 ($210 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. Weiqiao Textile Co's Enterprise Value for Today is $-223 Mil.
Weiqiao Textile Co Market Cap Historical Data
The historical data trend for Weiqiao Textile 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.
Competitive Comparison of Weiqiao Textile Co's Market Cap
For the Textile Manufacturing subindustry, Weiqiao Textile 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.
Weiqiao Textile Co's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Weiqiao Textile Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Weiqiao Textile Co's Market Cap falls into.
Weiqiao Textile 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.
Weiqiao Textile Co's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Weiqiao Textile Co (OTCPK:WQTEF) 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 companys 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.
Weiqiao Textile Co Market Cap Related Terms
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Weiqiao Textile Co (Weiqiao Textile Co) Business Description
Weiqiao Textile Co Ltd produces, sells, and distributes textiles including cotton yarn, grey fabric, and denim. Its geographical segment includes Mainland China, Southeast Asia, Hong Kong, South Asia, East Asia, and Other regions. The majority of the company's revenue is generated from Mainland China. It operates in two segments. The textile products segment produces and sells cotton yarn, grey fabric, and denim. The electricity and steam segment generates electricity and steam for internal use in the production of textile products and also for sale to external customers.
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