LCY Technology Stock

LCY Technology Market capitalization 2024

LCY Technology Market capitalization

2.7 B TWD

Ticker

4989.TW

ISIN

TW0004989009

In 2024, LCY Technology's market cap stood at 2.7 B TWD, a -23.45% increase from the 3.53 B TWD market cap in the previous year.

The LCY Technology Market capitalization history

YEARMarket Capitalization (undefined TWD)
20232.7
20224.37
20215.95
20202.57
20193.46
20183.91
20174.22
2016-
2015-
20140.14
20130.27
20120.53
20111.51
2010-
2009-
2008-
2007-

LCY Technology Aktienanalyse

What does LCY Technology do?

LCY Technology Corp is a Taiwanese company that was founded in 1935 and specializes in the production of petrochemical products and heavy chemicals. In recent years, LCY has also started to focus on the production of renewable energy and high-tech plastics. The company operates several divisions, including LCY Chemical Corp, LCY Building Materials Corp, and Global Energy Network Corp. The focus is on the development and production of chemical products from crude oil, gas, and other raw materials. LCY's business model consists of a vertically integrated value chain that includes all aspects of chemical production, including R&D, production, marketing, and distribution. One of the company's major divisions is LCY Chemical Corp, which represents LCY's core business. Here, the company focuses on the production of petrochemical products such as polyolefins (a plastic used in the production of car parts, packaging, and other products), olefins (a group of hydrocarbons used in plastics and solvents), and vinyl chloride monomer (a raw material for the production of PVC plastics). LCY Building Materials Corp is another important division of the company. Here, it focuses on the production of building materials such as fiberglass fabric, adhesives, or polyester resins, which are used particularly in the production of composites. LCY Building Materials Corp supplies its products to manufacturers of wind turbines, aircraft, boats, and other applications. In addition to these products, LCY recently announced its research and production of bio-based PET. Bio-based PET is made from plants such as sugarcane and is fully biodegradable. This innovative product has the potential to change the plastic market beyond traditional options and is expected to be used in a wide range of applications, including packaging and textiles. In recent times, LCY has also turned its attention to the development of renewable energy, an area the company wants to focus on more in the future. In 2011, LCY established Global Energy Network Corp, which is involved in the development of renewable energy and the promotion of energy efficiency projects. Projects of Global Energy Network Corp include photovoltaic plants and wind turbines. In summary, LCY Technology Corp is a leading company in the field of petrochemical products and renewable energy. The company offers a wide range of chemical products that are used in various industries such as the automotive industry, aviation industry, and construction sector. Supported by innovation and a commitment to sustainable business practices, the company has expanded its presence in the renewable energy sector in recent years. With the increasing importance of environmental aspects in today's society, it is likely that LCY will continue to be a major player in the chemical industry. LCY Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring LCY Technology's Market Capitalization

LCY Technology'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 LCY Technology'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

LCY Technology'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 LCY Technology’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 LCY Technology stock

What is the current LCY Technology market capitalization?

The current market capitalization of LCY Technology is 2.7 B TWD.

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 LCY Technology.

How has the market capitalization of LCY Technology developed in recent years?

The market capitalization of LCY Technology has increased/decreased by -23.45% 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 LCY Technology?

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 LCY Technology?

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 LCY Technology 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 LCY Technology pay?

Over the past 12 months, LCY Technology paid a dividend of 0.5 TWD . This corresponds to a dividend yield of about 2.55 %. For the coming 12 months, LCY Technology is expected to pay a dividend of 0.5 TWD.

What is the dividend yield of LCY Technology?

The current dividend yield of LCY Technology is 2.55 %.

When does LCY Technology pay dividends?

LCY Technology pays a quarterly dividend. This is distributed in the months of December, January, August, September.

How secure is the dividend of LCY Technology?

LCY Technology paid dividends every year for the past 6 years.

What is the dividend of LCY Technology?

For the upcoming 12 months, dividends amounting to 0.5 TWD are expected. This corresponds to a dividend yield of 2.55 %.

In which sector is LCY Technology located?

LCY Technology is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von LCY Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of LCY Technology from 8/28/2023 amounting to 0.5 TWD, you needed to have the stock in your portfolio before the ex-date on 8/1/2023.

When did LCY Technology pay the last dividend?

The last dividend was paid out on 8/28/2023.

What was the dividend of LCY Technology in the year 2023?

In the year 2023, LCY Technology distributed 1.5 TWD as dividends.

In which currency does LCY Technology pay out the dividend?

The dividends of LCY Technology are distributed in TWD.

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Andere Kennzahlen von LCY Technology

Our stock analysis for LCY Technology 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 LCY Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.