What is the current Tongwei Co market capitalization?
The current market capitalization of Tongwei Co is 107.84 B CNY.
Tongwei Co Market capitalization 2024
Tongwei Co Market capitalization
107.84 B CNY
Ticker
600438.SS
ISIN
CNE000001GS3
In 2024, Tongwei Co's market cap stood at 107.84 B CNY, a -27.89% increase from the 149.54 B CNY market cap in the previous year.
The Tongwei Co Market capitalization history
| YEAR | Market Capitalization (undefined CNY) |
|---|---|
| 2023 | 161.02 |
| 2022 | 219.17 |
| 2021 | 196.76 |
| 2020 | 90.53 |
| 2019 | 50.82 |
| 2018 | 33.89 |
| 2017 | 29.82 |
| 2016 | 20.07 |
| 2015 | 11.17 |
| 2014 | 7.67 |
| 2013 | 5.17 |
| 2012 | 3.98 |
| 2011 | 5.42 |
| 2010 | 6.79 |
| 2009 | 6.53 |
| 2008 | 9.06 |
| 2007 | 8.35 |
| 2006 | 3.6 |
| 2005 | 3.05 |
| 2004 | 2.92 |
Tongwei Co Aktienanalyse
What does Tongwei Co do?
Tongwei Co. Ltd is a Chinese company that was founded in 1984. It is now a leader in the production of solar cells and animal feed. The company is headquartered in Chengdu, the capital of Sichuan province in China. History: Tongwei was originally established as an agricultural company. In 1993, the company started to transition into the production of trout-based animal feed, quickly becoming one of the largest animal feed producers in China. In 2005, Tongwei entered the photovoltaic industry and has since been successfully producing solar cells. Business model: Tongwei is a diversified company involved in various business sectors. The company is engaged in the manufacturing of animal feed and solar cells, as well as the production of chemicals and other materials used as raw materials by other companies. Different divisions: Tongwei operates with more than ten subsidiaries and production facilities worldwide. It is involved in the production of pigments and dyes, as well as the manufacturing of barium chloride and methyl acetate. Additionally, the company also produces carbon and aluminum foils. Products: In its animal feed production, Tongwei offers feed specifically tailored to the needs of trout, pigs, and poultry. Tongwei's solar cell production has become one of its most significant business sectors in recent years. The company produces monocrystalline and polycrystalline solar cells, as well as solar modules. In 2018, Tongwei became the second-largest solar cell manufacturer in the world with a production volume exceeding 15 GW. Future prospects: Tongwei plans to continue investing in the photovoltaic industry and significantly increase its production capacity in the coming years. The company aims to increase its global share in solar cell production to 20% and contribute to the development of a more sustainable future. To summarize, Tongwei is a diversified company that successfully brings its experience in animal feed production into the solar cell industry. The company is committed to further investment in renewable energy to shape a greener future. Only the answer in the output. Tongwei Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring Tongwei Co's Market Capitalization
Tongwei Co'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 Tongwei Co'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
Tongwei Co'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 Tongwei Co’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 Tongwei Co stock
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 Tongwei Co.
How has the market capitalization of Tongwei Co developed in recent years?
The market capitalization of Tongwei Co has increased/decreased by -27.89% 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 Tongwei Co?
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 Tongwei Co?
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 Tongwei Co 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 Tongwei Co pay?
Over the past 12 months, Tongwei Co paid a dividend of 2.86 CNY . This corresponds to a dividend yield of about 12.52 %. For the coming 12 months, Tongwei Co is expected to pay a dividend of 3.87 CNY.
What is the dividend yield of Tongwei Co?
The current dividend yield of Tongwei Co is 12.52 %.
When does Tongwei Co pay dividends?
Tongwei Co pays a quarterly dividend. This is distributed in the months of June, June, June, July.
How secure is the dividend of Tongwei Co?
Tongwei Co paid dividends every year for the past 17 years.
What is the dividend of Tongwei Co?
For the upcoming 12 months, dividends amounting to 3.87 CNY are expected. This corresponds to a dividend yield of 16.94 %.
In which sector is Tongwei Co located?
Tongwei Co is assigned to the 'Non-cyclical consumption' sector.
Wann musste ich die Aktien von Tongwei Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tongwei Co from 6/14/2024 amounting to 0.905 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.
When did Tongwei Co pay the last dividend?
The last dividend was paid out on 6/14/2024.
What was the dividend of Tongwei Co in the year 2023?
In the year 2023, Tongwei Co distributed 0.912 CNY as dividends.
In which currency does Tongwei Co pay out the dividend?
The dividends of Tongwei Co are distributed in CNY.
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Andere Kennzahlen von Tongwei Co
Our stock analysis for Tongwei Co 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 Tongwei Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.