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Golden Resources Development International Stock

Golden Resources Development International Market capitalization 2024

Golden Resources Development International Market capitalization

704.42 M HKD

Ticker

677.HK

ISIN

BMG3958B1046

WKN

886590

In 2024, Golden Resources Development International's market cap stood at 704.42 M HKD, a -32.02% increase from the 1.04 B HKD market cap in the previous year.

The Golden Resources Development International Market capitalization history

YEARMarket Capitalization (undefined HKD)
20240.7
20231.44
20220.82
20210.99
20200.98
20190.97
20180.81
20170.84
20160.73
20150.86
20140.74
20130.71
20120.62
20110.8
20100.89
20090.49
20080.63
20070.79
20060.44
20050.43

Golden Resources Development International Aktienanalyse

What does Golden Resources Development International do?

Golden Resources Development International Ltd (GoldRes) is a Chinese company that was founded in 1999 and is headquartered in Beijing. It is one of the leading companies in the field of international trade and investment. GoldRes specializes in international trade. The company focuses on the sale of agricultural products, mineral resources, machinery, as well as technological products and services. In addition to trading these various goods, the company also provides financial services such as credit intermediation, foreign exchange trading, and risk hedging. The company is divided into several business segments, including commodity trading, food and agriculture trading, machinery and electronics trading, and the investment sector. In the commodity trading area, GoldRes deals with the export of minerals such as iron, copper, and aluminum. They are involved in multiple mines and also purchase raw materials from other mines. In the food and agriculture trading area, GoldRes offers a wide range of agricultural products such as grains, oilseeds, fruits, and vegetables. Recently, the company has also begun to develop in the e-commerce sector and operates online stores in China specializing in the sale of food and beverages. In the machinery and electronics area, the company trades devices and equipment such as laptops, mobile phones, televisions, and other electronic products. GoldRes has strong relationships with Chinese electronics suppliers and stays in close contact with other companies to provide its customers with the best available prices. Overall, GoldRes has a strong network consisting of branches and partners in various countries including the USA, Canada, Australia, and Europe. These business partners and branches assist the company in expanding into new markets and maintaining existing business contacts. This international focus has allowed GoldRes to grow rapidly and establish itself as a leading company in the industry. Currently, the company is not only expanding in trade but also in the investment sector. GoldRes is investing in Chinese start-ups and technology companies operating in the fields of artificial intelligence, renewable energies, medical devices, and blockchain. The company has also started to invest more in real estate in China. Overall, GoldRes is one of the rapidly growing companies in China and has established itself as a leading company in international trade and investment. The company has a strong reputation due to its outstanding business relationships and high-quality service. With a wide range of products and services and a broad geographical reach, GoldRes will continue to play a significant role in the Chinese economy in the future. Golden Resources Development International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Golden Resources Development International's Market Capitalization

Golden Resources Development International'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 Golden Resources Development International'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

Golden Resources Development International'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 Golden Resources Development International’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 Golden Resources Development International stock

What is the current Golden Resources Development International market capitalization?

The current market capitalization of Golden Resources Development International is 704.42 M HKD.

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 Golden Resources Development International.

How has the market capitalization of Golden Resources Development International developed in recent years?

The market capitalization of Golden Resources Development International has increased/decreased by -32.02% 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 Golden Resources Development International?

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 Golden Resources Development International?

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 Golden Resources Development International 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 Golden Resources Development International pay?

Over the past 12 months, Golden Resources Development International paid a dividend of 0.01 HKD . This corresponds to a dividend yield of about 2.89 %. For the coming 12 months, Golden Resources Development International is expected to pay a dividend of 0.01 HKD.

What is the dividend yield of Golden Resources Development International?

The current dividend yield of Golden Resources Development International is 2.89 %.

When does Golden Resources Development International pay dividends?

Golden Resources Development International pays a quarterly dividend. This is distributed in the months of January, October, January, October.

How secure is the dividend of Golden Resources Development International?

Golden Resources Development International paid dividends every year for the past 20 years.

What is the dividend of Golden Resources Development International?

For the upcoming 12 months, dividends amounting to 0.01 HKD are expected. This corresponds to a dividend yield of 2.89 %.

In which sector is Golden Resources Development International located?

Golden Resources Development International is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Golden Resources Development International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Golden Resources Development International from 9/20/2024 amounting to 0.012 HKD, you needed to have the stock in your portfolio before the ex-date on 9/2/2024.

When did Golden Resources Development International pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Golden Resources Development International in the year 2023?

In the year 2023, Golden Resources Development International distributed 0.026 HKD as dividends.

In which currency does Golden Resources Development International pay out the dividend?

The dividends of Golden Resources Development International are distributed in HKD.

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Andere Kennzahlen von Golden Resources Development International

Our stock analysis for Golden Resources Development International 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 Golden Resources Development International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.