Chifeng Jilong Gold Mining Co Stock

Chifeng Jilong Gold Mining Co Market capitalization 2024

Chifeng Jilong Gold Mining Co Market capitalization

27.9 B CNY

Ticker

600988.SS

ISIN

CNE000001H94

In 2024, Chifeng Jilong Gold Mining Co's market cap stood at 27.9 B CNY, a 11.59% increase from the 25.01 B CNY market cap in the previous year.

The Chifeng Jilong Gold Mining Co Market capitalization history

YEARMarket Capitalization (undefined CNY)
202326.44
202229.76
202126.86
202022
20197.09
20186.74
20179.59
201612.18
201510.68
20143.76
20134.55
20123.39
20111.87
20101.27
20090.85
20080.65
20070.88
20060.42
20050.54
20040.94

Chifeng Jilong Gold Mining Co Aktienanalyse

What does Chifeng Jilong Gold Mining Co do?

Chifeng Jilong Gold Mining Co Ltd is a Chinese mining company specializing in the extraction of gold resources. The company was founded in 2003 and has its headquarters in the city of Chifeng in the northern Chinese province of Inner Mongolia. The company owns and operates several mining mines in China and internationally. The company's business model is based on the exploration, research, and development of high-quality gold deposits, which form the basis for the production of gold bars and gold products. Chifeng Jilong Gold Mining Co Ltd also offers technical consulting services to other mining companies and is involved in various mineral concession projects. The various divisions of the company include mining itself as well as the further processing of gold. The company is involved in exploration, mining, processing, and sale of gold bars, among other activities. In its mining sector, Chifeng Jilong Gold Mining considers both open-pit and underground mining, and it has introduced various technological innovations in this field. The company operates an advanced strategic system that encompasses the entire process chain from the mine to the end product. The gold-rich material is processed on-site and turned into gold bars or sold to other companies. Chifeng Jilong Gold Mining takes pride in providing its customers with high-quality products such as gold bars and gold products. These products are produced in various sizes and weights, tailored to customer needs. The company also produces gold and copper concentrates for export purposes, meeting all international standards for quality and purity. Chifeng Jilong Gold Mining is committed to working in a sustainable manner and implementing environmentally friendly practices in all aspects of its business activities. The company also works to improve the quality of life for people in the regions where it operates and is dedicated to social responsibility and sustainability in the region. Overall, Chifeng Jilong Gold Mining Co Ltd has solidified its position as one of the leading gold producers in China and internationally. The company remains committed to building on its successes and offering innovative, sustainable business practices and products to meet the demands of its customers and the needs of society. Chifeng Jilong Gold Mining Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Chifeng Jilong Gold Mining Co's Market Capitalization

Chifeng Jilong Gold Mining Co's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Chifeng Jilong Gold Mining Co's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Chifeng Jilong Gold Mining Co's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Chifeng Jilong Gold Mining Co’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Chifeng Jilong Gold Mining Co stock

What is the current Chifeng Jilong Gold Mining Co market capitalization?

The current market capitalization of Chifeng Jilong Gold Mining Co is 27.9 B CNY.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Chifeng Jilong Gold Mining Co.

How has the market capitalization of Chifeng Jilong Gold Mining Co developed in recent years?

The market capitalization of Chifeng Jilong Gold Mining Co has increased/decreased by 11.59% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Chifeng Jilong Gold Mining Co?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Chifeng Jilong Gold Mining Co?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Chifeng Jilong Gold Mining Co have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Chifeng Jilong Gold Mining Co pay?

Over the past 12 months, Chifeng Jilong Gold Mining Co paid a dividend of 0 CNY . This corresponds to a dividend yield of about 0.01 %. For the coming 12 months, Chifeng Jilong Gold Mining Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Chifeng Jilong Gold Mining Co?

The current dividend yield of Chifeng Jilong Gold Mining Co is 0.01 %.

When does Chifeng Jilong Gold Mining Co pay dividends?

Chifeng Jilong Gold Mining Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Chifeng Jilong Gold Mining Co?

Chifeng Jilong Gold Mining Co paid dividends every year for the past 0 years.

What is the dividend of Chifeng Jilong Gold Mining Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Chifeng Jilong Gold Mining Co located?

Chifeng Jilong Gold Mining Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Chifeng Jilong Gold Mining Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chifeng Jilong Gold Mining Co from 5/29/2024 amounting to 0.05 CNY, you needed to have the stock in your portfolio before the ex-date on 5/29/2024.

When did Chifeng Jilong Gold Mining Co pay the last dividend?

The last dividend was paid out on 5/29/2024.

What was the dividend of Chifeng Jilong Gold Mining Co in the year 2023?

In the year 2023, Chifeng Jilong Gold Mining Co distributed 0 CNY as dividends.

In which currency does Chifeng Jilong Gold Mining Co pay out the dividend?

The dividends of Chifeng Jilong Gold Mining Co are distributed in CNY.

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Andere Kennzahlen von Chifeng Jilong Gold Mining Co

Our stock analysis for Chifeng Jilong Gold Mining Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Chifeng Jilong Gold Mining Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.