Qingdao Hanhe Cable Co Market capitalization 2024

The current market capitalization of Qingdao Hanhe Cable Co is 11.31 B CNY.

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 Qingdao Hanhe Cable Co.

The market capitalization of Qingdao Hanhe Cable Co has increased/decreased by -12.87% compared to the previous year.

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

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.

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.

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.

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).

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).

Over the past 12 months, Qingdao Hanhe Cable Co paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 1.06 %. For the coming 12 months, Qingdao Hanhe Cable Co is expected to pay a dividend of 0.04 CNY.

The current dividend yield of Qingdao Hanhe Cable Co is 1.06 %.

Qingdao Hanhe Cable Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

Qingdao Hanhe Cable Co paid dividends every year for the past 16 years.

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 1.16 %.

Qingdao Hanhe Cable Co is assigned to the 'Industry' sector.

To receive the latest dividend of Qingdao Hanhe Cable Co from 6/12/2024 amounting to 0.036 CNY, you needed to have the stock in your portfolio before the ex-date on 6/12/2024.

The last dividend was paid out on 6/12/2024.

In the year 2023, Qingdao Hanhe Cable Co distributed 0.036 CNY as dividends.

The dividends of Qingdao Hanhe Cable Co are distributed in CNY.