Shengli Oil & Gas Pipe Holdings Stock

Shengli Oil & Gas Pipe Holdings Market capitalization 2024

Shengli Oil & Gas Pipe Holdings Market capitalization

97.86 M CNY

Ticker

1080.HK

ISIN

KYG811661035

WKN

A0YGKV

In 2024, Shengli Oil & Gas Pipe Holdings's market cap stood at 97.86 M CNY, a -46.71% increase from the 183.64 M CNY market cap in the previous year.

The Shengli Oil & Gas Pipe Holdings Market capitalization history

YEARMarket Capitalization (undefined CNY)
20230.1
20220.3
20210.28
20200.21
20190.28
20180.66
20171.03
20160.94
20150.72
20140.94
20131.24
20121.52
20112.42
20103.83
20092
2008-
2007-

Shengli Oil & Gas Pipe Holdings Aktienanalyse

What does Shengli Oil & Gas Pipe Holdings do?

Shengli Oil & Gas Pipe Holdings Ltd is a leading Chinese company in the manufacturing of seamless steel pipes for the energy and petrochemical industry, as well as for the transportation of fluids and gases. The company is headquartered in Dongying City, Shandong Province. The history of Shengli Oil & Gas Pipe Holdings Ltd dates back to 1975. Originally, the company was established as a department of Shengli Oilfield, the second-largest oil field in China, to meet the field's need for pipes. Over time, the company has grown into one of the largest manufacturers of seamless steel pipes in China. Shengli Oil & Gas Pipe Holdings Ltd owns and operates three production facilities in China and has a production capacity of over one million tons of seamless steel pipes per year. The products are available in various sizes and materials and can be customized according to customer needs. The business model of Shengli Oil & Gas Pipe Holdings Ltd is based on the manufacturing and supply of seamless steel pipes for the energy and petrochemical industry, as well as for the transportation of fluids and gases. The company specializes in the production of seamless steel pipes for offshore oil fields and gas pipelines and is a major supplier for the largest Chinese offshore drilling rig. Shengli Oil & Gas Pipe Holdings Ltd offers a wide range of seamless steel pipes for various applications. The pipes are suitable for use in high and medium-pressure environments, as well as in extremely low temperatures. The company is also able to manufacture pipes with special requirements, such as high corrosion protection or for use in extremely challenging conditions. Shengli Oil & Gas Pipe Holdings Ltd has three main divisions: exploration and production, transportation and storage, and processing and distribution. The exploration and production division offers seamless steel pipes for use in offshore oil fields and deep-sea drilling. The transportation and storage division provides seamless steel pipes for the construction of gas pipelines and oil pipelines. The processing and distribution division is responsible for the processing and sale of seamless steel pipes to customers in China and abroad. Shengli Oil & Gas Pipe Holdings Ltd has also implemented comprehensive quality assurance and control to ensure that its products meet strict international standards. The company has obtained ISO 9001 certification for quality management systems and also complies with the API 5L specification, as well as various other international norms and standards. Over the years, Shengli Oil & Gas Pipe Holdings Ltd has become a leading manufacturer of seamless steel pipes in China. The company is competitive in the global market and has established a strong presence in Asia, Europe, and North America. Shengli Oil & Gas Pipe Holdings Ltd will continue to invest in technology and innovation to strengthen its position as a leading provider of seamless steel pipes for the energy and petrochemical industry. Shengli Oil & Gas Pipe Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Shengli Oil & Gas Pipe Holdings's Market Capitalization

Shengli Oil & Gas Pipe Holdings'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 Shengli Oil & Gas Pipe Holdings'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

Shengli Oil & Gas Pipe Holdings'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 Shengli Oil & Gas Pipe Holdings’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 Shengli Oil & Gas Pipe Holdings stock

What is the current Shengli Oil & Gas Pipe Holdings market capitalization?

The current market capitalization of Shengli Oil & Gas Pipe Holdings is 97.86 M 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 Shengli Oil & Gas Pipe Holdings.

How has the market capitalization of Shengli Oil & Gas Pipe Holdings developed in recent years?

The market capitalization of Shengli Oil & Gas Pipe Holdings has increased/decreased by -46.71% 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 Shengli Oil & Gas Pipe Holdings?

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 Shengli Oil & Gas Pipe Holdings?

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 Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings pay?

Over the past 12 months, Shengli Oil & Gas Pipe Holdings paid a dividend of 0 CNY . This corresponds to a dividend yield of about 4.95 %. For the coming 12 months, Shengli Oil & Gas Pipe Holdings is expected to pay a dividend of 0 CNY.

What is the dividend yield of Shengli Oil & Gas Pipe Holdings?

The current dividend yield of Shengli Oil & Gas Pipe Holdings is 4.95 %.

When does Shengli Oil & Gas Pipe Holdings pay dividends?

Shengli Oil & Gas Pipe Holdings pays a quarterly dividend. This is distributed in the months of July, July, October, July.

How secure is the dividend of Shengli Oil & Gas Pipe Holdings?

Shengli Oil & Gas Pipe Holdings paid dividends every year for the past 0 years.

What is the dividend of Shengli Oil & Gas Pipe Holdings?

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

In which sector is Shengli Oil & Gas Pipe Holdings located?

Shengli Oil & Gas Pipe Holdings is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Shengli Oil & Gas Pipe Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shengli Oil & Gas Pipe Holdings from 7/28/2014 amounting to 0.001 CNY, you needed to have the stock in your portfolio before the ex-date on 6/24/2014.

When did Shengli Oil & Gas Pipe Holdings pay the last dividend?

The last dividend was paid out on 7/28/2014.

What was the dividend of Shengli Oil & Gas Pipe Holdings in the year 2023?

In the year 2023, Shengli Oil & Gas Pipe Holdings distributed 0 CNY as dividends.

In which currency does Shengli Oil & Gas Pipe Holdings pay out the dividend?

The dividends of Shengli Oil & Gas Pipe Holdings are distributed in CNY.

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Andere Kennzahlen von Shengli Oil & Gas Pipe Holdings

Our stock analysis for Shengli Oil & Gas Pipe Holdings 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 Shengli Oil & Gas Pipe Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.