Shandong Sacred Sun Power Sources Co Market capitalization 2024

The current market capitalization of Shandong Sacred Sun Power Sources Co is 3.47 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 Shandong Sacred Sun Power Sources Co.

The market capitalization of Shandong Sacred Sun Power Sources Co has increased/decreased by -14.56% 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, Shandong Sacred Sun Power Sources Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.25 %. For the coming 12 months, Shandong Sacred Sun Power Sources Co is expected to pay a dividend of 0.02 CNY.

The current dividend yield of Shandong Sacred Sun Power Sources Co is 0.25 %.

Shandong Sacred Sun Power Sources Co pays a quarterly dividend. This is distributed in the months of July, June, July, July.

Shandong Sacred Sun Power Sources Co paid dividends every year for the past 1 years.

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 0.25 %.

Shandong Sacred Sun Power Sources Co is assigned to the 'Industry' sector.

To receive the latest dividend of Shandong Sacred Sun Power Sources Co from 6/21/2024 amounting to 0.057 CNY, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.

The last dividend was paid out on 6/21/2024.

In the year 2023, Shandong Sacred Sun Power Sources Co distributed 0.025 CNY as dividends.

The dividends of Shandong Sacred Sun Power Sources Co are distributed in CNY.