Xinyi Glass Holdings's quarterly market cap
declined
from Jun. 2023 ($6,289 Mil) to Dec. 2023 ($4,577 Mil) but then
increased
from Dec. 2023 ($4,577 Mil) to Jun. 2024 ($4,900 Mil).
Xinyi Glass Holdings's annual market cap
declined
from Dec. 2021 ($9,846 Mil) to Dec. 2022 ($7,791 Mil) and
declined
from Dec. 2022 ($7,791 Mil) to Dec. 2023 ($4,577 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. Xinyi Glass Holdings's Enterprise Value for Today is $5,299 Mil.
Xinyi Glass Holdings Market Cap Historical Data
The historical data trend for Xinyi Glass Holdings'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 Xinyi Glass Holdings's Market Cap
For the Building Materials subindustry, Xinyi Glass Holdings'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.
Xinyi Glass Holdings's Market Cap Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Xinyi Glass Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Xinyi Glass Holdings's Market Cap falls into.
Xinyi Glass Holdings 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.
Xinyi Glass Holdings's Market Cap for the fiscal year that ended in Dec. 2023 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.
Xinyi Glass Holdings (OTCPK:XYIGF) 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.
Xinyi Glass Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Xinyi Glass Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Xinyi Glass Holdings Ltd is engaged in the production and sales of float glass products, automobile glass products, construction glass products and a variety of related products in the PRC and Malaysia. It produces and sells range of glass products, including automobile glass, energy-saving architectural glass, high-quality float glass and other glass products for different commercial and industrial applications. Its glass products are sold to customers in over 140 countries and territories, including the PRC, Hong Kong, the United States, Canada, Australia, New Zealand and countries in Asia, the Middle East, Europe, Africa, and America. Its segments include float glass; automobile glass; and architectural glass out of which the float glass segment accounts for the majority of revenue.
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